NJ Democrats announce plans for AC, racing
October 19, 2010
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New Jersey Democratic lawmakers announced Monday that they have a plan to revitalize Atlantic City and horse racing in the state, and it includes a push for legalized internet betting for Atlantic City's casinos.
According to a story in the Newark Star Ledger, the proposal also calls for streamlining operations at the Meadowlands and Monmouth Park, experimenting with new kinds of wagering, and opening more off-track betting locations.
“We feel there is a ray of hope now,” said Tom Luchento, president of the Standardbred Breeders & Owners Association of New Jersey, in a prepared statement. “We want to thank Senator Sweeney and the leadership for supporting us and understanding the importance of the racing and breeding industries to New Jersey.
“We appreciate that they took the time to hold three public hearings and made the effort to understand our positions,” Luchento noted. “The Commission that issued the Hanson Report did not hear us nor did it offer us much hope for survival.
“We look forward to working with these senators and assembly members as they take the steps to create a sound financial plan for our future,” Luchento added. “In horse racing, there are winners and losers in every race, but when it comes to the economy of our state, there is every reason that we should all come out winners.”
Click here to read the entire story at nj.com.