NJ Lawmakers Consider Horse Racing’s Future
EAST RUTHERFORD, N.J. (WCBS 880/AP) — Supporters say New Jersey’s struggling horse racing industry would benefit from more off-track betting parlors and Internet wagering.
They’re appearing at a legislative hearing at the Meadowlands Friday.
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.
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