Quote:
Originally Posted by HomerS
NJ racing has contributed far more to the states coffers then it has "lost" and its not even close.
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True. In fact I saw an article yesterday on Paulick Report or Equidaily -- one of them -- that reported that NJ Racing only started losing money at all after 2007, when the surrounding states were getting slots at their tracks, and NJ tracks were forbidden to do so by the State government.
That was also the rationale of the "subsidy" from A.C. -- that the casinos would pay the tracks not to put in slots.
10-05-2010, 11:55 AM
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