Track privitization

[jms62]

Originally Posted by randallscott35

Huh, handle is down about 10% year over year(national). And that's after a year over year decline last year.

IT's really simple as I see it. Subsidy is a hot button word that people relate to bailing out the wall street gamblers. Mom and Pop want nothing to do with subsidies. Atlantic City didn't subsidize NJ racing.. It was a business agreement, a contract.. Atlantic City agreed to pay x million dollars if NJ didn't seek slots. NJ racing did what it was required to do to receive payment for services rendered. Now AC is calling that a subsidy in order to unite the masses against Horse Racing.. Christie is calling it a subsidy because his fat ass seems to be in bed with AC. AC no longer wants to enter in such a contract as they have the right to. NJ needs to get on the ballot, slots and sports betting at the racetracks so the industry can be competitive with neighboring states and save the BILLIONS of dollars of revenue that horse racing produces on track and off.