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
- American Pharoah Wraps Up Haskell Preparation
- Travers Purse $1.6 Million if 'Pharoah' Runs
- Keen Ice Improved Since Belmont Stakes Run
- Wild One, Futura Win on Big Day at Greyville
- Maternal Influences Make a Difference
- BC Simulcasts in Hong Kong Not Likely in 2015
- Haskell: Jimmy Barnes on American Pharoah
- Legatissimo Strikes for Stylish Nassau Win
- After Anxious Moment, American Pharoah Cool
- Seven to Face American Pharoah in Haskell