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New Jersey Forgoes Racing to Focus on Gambling Economy

The July 22, 2023, By Rodney Eriksen

The State of New Jersey relies heavily on Atlantic City casino gambling in order to supplement glaring budget holes. However, over the past couple of years, Atlantic City has not been doing its job of injecting much needed resources into the economy. online casino news: New Jersey Forgoes Racing to Focus on Gambling Economy

This week, Governor Chris Christie drew a line in the sand, turning his back on the racing industry, preferring instead to focus on bringing the failing Atlantic City casino economy back from the dead. The Governor's Advisory Commission on New Jersey Gaming, Sports and Entertainment Economic Recovery Plan provided the necessary results for the governor to crush the racing industry. The esteemed Governor went as far as to call the industry a "failure."

The divide between North and South Jersey has been going on for years, and this type of report certainly was not effective in helping to mend old wounds. The south is blaming the north, and vice versa, for economic falls and the troubles that both the gaming and racing industries have been having. Some would even say that judging by the Governors remarks, he is siding with the south. ."

The Atlantic City casino gambling industry has come under fire recently from other Northeastern states. Pennsylvania and Delaware have made the biggest dent in the stronghold AC casinos had over the area when both states legalized table games. Delaware also has something that New Jersey does not, legalized sports betting. ."

Christie vowed to change the current downward spiral of the AC gaming industry, He spoke Wednesday of a Las Vegas of the East Coast. On the surface, it seems like a great idea, but it will take billions of dollars to bring AC back from the brink of financial disaster.



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