NJ lawmaker calls Harrah's hypocrites
November 18, 2010
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New Jersey Assemblyman Ralph Caputo, a Democrat from Essex, says time is running out for the state to save both its casino and horse racing industries, and that the only way to do so is to put video lottery terminals at the Meadowlands.
Caputo writes: "Time is running out, and we need to find ways to increase our revenue now. The task at hand now is to develop a cohesive strategy that melds the objectives of the Legislative Gaming Summit, the Legislature's standing committees on gaming, the Hanson Report and the governor to boost the overall gaming industry in our state."
He also notes that Harrah's, which has a casino in Atlantic City and is opposed to gaming at the Meadowlands, has invested in Pennsylvania, and he calls them hypocrites.
Caputo writes: "Meanwhile, Harrah Entertainment has been part of a vocal bloc of casinos opposed to creating any more gaming competition in New Jersey. But herein lies the rub.
"It was recently announced that Harrah Entertainment wants to become a partner and take on a management role in the development of a $438 million gaming hall in Philadelphia, with 1,500 slots, more than 70 table games and several restaurants.
"What does this mean? Harrah's is a hypocrite, plain and simple."
To read Caputo's entire op-ed, click here.