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NJ LAWMAKERS CONSIDER HORSE RACING'S FUTURE
Associated Press ( news@nbc40.net) - 9/10/10 03:09 pm
Last Updated - 9/10/10 05:43 pm
      

EAST RUTHERFORD -- Debate about the future of New Jersey's gambling and entertainment industries moved north to the
Meadowlands Friday.

Supporters told a legislative hearing at the Meadowlands that New Jersey's struggling horse racing industry would benefit from more off-track betting parlors and Internet wagering.

Democrats called the session after Gov. Chris Christie recommended ending a $30 million annual subsidy to racing. It's one
of many recommendations to energize New Jersey's racing and casino industries, which have struggled amid the recession and increased gaming competition from neighboring states.

State Sports and Exposition Authority CEO Dennis Robinson says four sites were identified for off-track betting, but only one was approved by local officials. Robinson says off-track wagering in Woodbridge generates $90 million a year.

Sen. Ray Lesniak urged the sports authority to also consider expanding online wagering.

Christie wants to provide state assistance to finish Xanadu and promote Atlantic City as New Jersey's premier gambling and
entertainment destination.

The governor says he does not support installing video lottery terminals or slot machines at racetracks because they'd compete with the casinos.



(Copyright 2010 by The Associated Press. All Rights Reserved.)



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