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Critics say NJ racetrack slots a bad idea

6 April 2009

ATLANTIC CITY, New Jersey -- As reported by The Press of Atlantic City: "A proposal to allow slot machines at horse-racing tracks is once again drawing fire from Atlantic City casino executives and some local politicians.

"Representatives from racehorse associations and breeders appeared before the state Assembly and Senate budget committees this week, asking lawmakers to consider the idea as another way to generate revenue in the state while helping the industry.

"Joseph Corbo, president of the Casino Industry Association of New Jersey, said Atlantic City already is contending with the recession and more gambling competition from neighboring states and that the proposal would just lead to more job losses, cuts in casino-generated state taxes and reduced purchases from New Jersey vendors.

"'Installing slot machines at racetracks does nothing more than turn a racetrack into a casino with little regard for the preservation of the declining sport of horse racing," Corbo said in an e-mail. He added that the horse-racing industry should focus on opening more off-track betting parlors..."

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