NJ report says state should get out of horse racing
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The report by the Christie commission states that the Meadowlands Racetrack could be leased for as little as $1 a year to unload it from the state's obliigations. The report also says the NJSEA’s Monmouth Park should be sold.
In addition, the commission—and Christie—recommend that the state take over Atlantic City by creating an entity seemingly like the NJSEA so the 30-year-old casino industry there can be more effectively managed.
The proposals are just that and are loaded with political landmines that were immediately discussed by state lawmakers, among others.
The Newark Star-Ledger, on its website nj.com, published a story that said “any move to put gambling in the Meadowlands would result in certain opposition from Senate President Stephen Sweeney (D-Gloucester). Sweeney, who could unilaterally kill any of the legislation needed. Sweeney and the rest of the South Jersey legislative contingent oppose gaming licenses being issued outside of Atlantic City.”
Sen. Richard Codey, a horse racing fan and the one-time acting governor following the resignation of Jim McGreevey, also told the Star-Ledger he was opposed to the plan. "It’s mind boggling that we would let hundreds of millions of dollars go to other states," he said. "Because once the Aqueduct (racetrack in New York) opens, there will no one in Jersey who can’t take a short ride to another state to play slot machines."