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deskgameA little known fact is New Jersey has more acres of horse farms than any other state, including Kentucky. The demise of our horse racing industry would also lead to some horse farms closing and their open space replaced with warehouses. And what New Jersey doesn’t need is more warehouses.
deskgameBut they are mixing apples with oranges. The tax increase would fall only on online gaming operations, the casinos and the racetracks get a percentage of the net revenue from online gaming and the sports books. A higher tax will reduce revenue to the casinos and racetracks.
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