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deskgameThe proposed higher tax by some legislators is irrelevant New York and Pennsylvania, because those states subsidize their racetracks $200-$250 million yearly, while New Jersey gives Monmouth Park and The Meadowlands each about $20 million annually.
deskgameWhen I proposed to legalize sports betting and online gaming in New Jersey, five of Atlantic City casinos had closed and 16,000 jobs had been lost. Our racetracks at Monmouth Park and The Meadowlands were in jeopardy of closing, threatening another 5000 jobs.
