New Jersey Gov. Jon Corzine signed an executive order March 5 creating a commission to study the state's horse racing industry and develop solutions for its long-term viability. The casino industry, which for years has subsidized horse racing in the state, will be involved in preparing the blueprint.
A plan to help New Jersey's struggling horse racing industry while protecting casinos from video gambling machines at racetracks has cleared a hurdle in the state legislature.
Indiana's horse racing industry may have another opportunity to secure more financial stability. An amendment introduced and passed in the Senate Finance Committee Feb. 19 would increase the annual subsidy to the industry from $27 million to $44 million. It goes to the full Senate for consideration.
Most Popular Stories
- Easter Filly for Horse of the Year Zenyatta
- Trainer Jones Continues to Recover From Fall
- After the Wire: Top 5 Derby Prep Races
- Champion Filly Beholder Coasts in 2014 Debut
- Dude! Imperative Shocks Charles Town Classic
- Santa Anita Winter Meet Handle Up 4%
- Cairo Prince Injured, Out of Kentucky Derby
- Wildcat Red, With Saez, Works at Gulfstream
- Featured Horse Profile: Frac Daddy
- Dynamic Impact Nabs 'Hawk in Illinois Derby