Horse Racing Betting on Slots
New Jersey is known for their horse
racetracks. They have the Atlantic City Racetrack, the Meadowlands,
and Monmouth. This time of year is very lucrative for the tracks; they
have the Hambletonian at the Meadowlands and the Haskell Invitational
at Monmouth, both of which bring in large crowds and lots of betting.
But then August is over, and everyone except the scant few regulars
leave until next year. This is where NJ is in trouble.
But they think
they have the answer, they want to bring in slot machines. If only the
Atlantic City casinos and politicians would start thinking the same
way, they might actually have a chance at getting them. New York and
Pennsylvania have already started the process of getting slot machines
in at their racetracks - that is into the ones that don’t already have
them. If New Jersey were to bring in slot machines into their tracks,
they would save the business from going over the state line. They need
a yearly income, not just a one month income out of the year – and
slot machines can do that for them. If they don’t bring them in, once
they are up and running in NY and PA, the horse industry will leave
the state, as they follow the money. As Leon Zimmerman, a lobbyist for
the New Jersey Standardbred Association, which represents nearly
everybody who works in harness racing, says, "Horse owners follow the
money."
The horsemen
have challenged that without the slot machines added, the horseracing
business in NJ will be all but belly up. More than 80,000 acres of
horse farmland will be lost, as well as more than 6,200 jobs. They are
also angry that some of the slot machines that are being installed in
NY and PA are owned by Atlantic City casino owners, and that they are
stabbing them in the back by assisting other states before their own.
The casino owners say that if they allow the horse racetracks to get
slot machines, that it will damage the amount of people coming into
Atlantic City, and that the racetracks don’t need the amount of money
that will come in from the slot machines. Southern NJ legislatures are
dead set against any slot machine gambling outside of Atlantic City. Back to
August Archive or Slot Machines |