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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.
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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.
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