WASHINGTON — A federal appeals court on Tuesday threw out New Jersey’s sports betting law, once again blocking the state from expanding its gambling options to augment Atlantic City and the horse-racing industry. The Third Circuit Court of Appeals in Philadelphia ruled that the state’s law violated a 1992 federal ban on sports betting, the Associated… Read the rest of this entry »
Posted: August 9th, 2016 | Author: admin | Filed under: Horse Racing Industry, Monmouth County News, Oceanport | Tags: Gambling Industry, Horse Racing Industry, Monmouth County News, Monmouth Park, NJ Sports Betting, Oceanport, Sports Betting, Third Circuit Court of Appeals | 2 Comments »
TRENTON — New Jersey’s top legislators agree on at least this much: Opening casinos in the northern part of the state is crucial. It’s needed, they say, for the Garden State’s gaming industry to survive against ever-increasing competition from gambling halls in neighboring states. And it would provide money to revitalize and reimagine financially ailing Atlantic… Read the rest of this entry »
Posted: December 27th, 2015 | Author: admin | Filed under: 2017 NJ Gubernatorial Politics, New Jersey | Tags: 2017 Gubernatorial race, Gambling Industry, NJ Legislature, North Jersey Casinos | Comments Off on How the battle for north Jersey casinos is being hampered by 2017 gubernatorial race
State Senator Joe Kyrillos, whose district includes Oceanport, the home of Monmouth Park, said, “This court reversal puts us back on the right course to create opportunities here, improve the quality of life, and enhance the state’s economy and job creation and retention at Monmouth Park and Atlantic City. As I’ve said for months, we will prevail, and the repeals that this legislature enacted on a bipartisan basis will ultimately stand.”
TRENTON — New Jersey’s years-long battle to legalize sports betting will get another day in court — and experts say the outlook for the state is suddenly a positive one. Nearly two months after a three-judge U.S. Third Circuit Court of Appeals panel rejected the state’s latest bid to legalize sports wagering at casinos and racetracks,… Read the rest of this entry »
Posted: October 15th, 2015 | Author: admin | Filed under: Horse Racing Industry, Joe Kyrillos, Monmouth County News, Monmouth Park | Tags: Atlantic City, Equine Industry, Gambling Industry, Gaming Industry, Monmouth County News, NJ Sports Betting, Oceanport, Sen Joe Kyrillos, U.S. Third Circuit Court | 1 Comment »
Credit: Governor’s Office/Mykwain Gainey Jon Hanson, head of the Governor’s Advisory Commission on Gaming, Gov. Chris Christie, and state Senate President Steve Sweeney were among those who took part yesterday in a “summit” on Atlantic City’s future. More pain lies ahead for Atlantic City and its residents as the state considers taking control of the city… Read the rest of this entry »
Posted: November 13th, 2014 | Author: admin | Filed under: Atlantic City, Chris Christie, Christie Administration | Tags: Atlantic City, Chris Christie, Gambling Industry, New Jersey | 2 Comments »
A majority of New Jersey residents oppose expanding legalized gambling in the State beyond the borders of Atlantic City, according to a Fairleigh Dickinson Public Mind Poll released this morning. 50 percent oppose casinos outside of AC. 42 percent favor expanding gambling venues in New Jersey.
Men favor casinos elsewhere in the State by a small margin, 48-46, while women are opposed , 53-36. Young adults aged 18-34 are in favor of gambling venues outside of AC, 52-38. Those aged 35-50 are opposed, 53-41 and those over 60 are opposed by a 56-36 margin.
Of the 819 respondents, those who have been to Atlantic City within the last 12 months are most likely to favor casinos elsewhere in New Jersey, by a 52-35 margin. Those who have been to casinos elsewhere but not in AC favor new gaming halls in New Jersey by a much narrower margin, 47-45. Those who have not been to a casino in the last 12 month are opposed to expanding gambling in NJ by 45-40.
When asked if they favored expanding to the Meadowlands or Monmouth Park in Oceanport, the Meadowlands was favored. Respondents favored opening casinos in the Meadowlands by a 47-45 margin. They opposed casino gambling at Monmouth Park by narrow 44-43 margin.
The margin of error of the poll is +/- 3.4%
Posted: August 4th, 2014 | Author: Art Gallagher | Filed under: Atlantic City, Casinos, FDU Public Mind Poll, Monmouth County, Oceanport | Tags: Atlantic City, Casino Gambling, FDU Public Mind Poll, Gambling, Gambling Industry, Meadowlands, Monmouth Park, Oceanport | Comments Off on FDU Poll: Most in New Jersey oppose casinos outside of Atlantic City
The news that Perretti Farms, New Jersey’s largest horse breeder located in the 609 area of Monmouth County, is winding down its operations and closing in two years is an indication that future of New Jersey’s horse racing industry is bleak.
Perretti is not alone. HorseClicks.com has over 100 New Jersey horse properties for sale at bargain prices. What kind of developments will end up on those farms? Will the only open space left in New Jersey be government owned or subsidized open space?
Governor Chris Christie was right to end state subsidies of the horse racing industry and to privatize the operations of the Meadowlands and Monmouth Park . However, to hamstring those operations by continuing the ban of slot machines at tracks is short sighted and will likely lead to the failure of the industry. The failure of the industry will literally change the landscape of New Jersey.
Christie wants to protect Atlantic City and its monopoly on gambling. But Christie’s authority does not extend to Pennsylvania, New York , Delaware and Connecticut. Slots in New Jersey’s track’s won’t take business away from Atlantic City. Slots at our tracks will keep gambling dollars in New Jersey and attract out of state dollars to our state.
Advocates of the horse racing industry have long called for slots at the Meadowlands. I say open up the competition even more and allow slots at all New Jersey tracks, what’s left of them.
Posted: August 18th, 2011 | Author: Art Gallagher | Filed under: Economy | Tags: Gambling Industry, Horse Racing Industry | 1 Comment »