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
- Arrogate Smooth in Six Furlong Work
- Mshawish Tops Taylor Made Roster, For Now
- Orb Colt Tops Fasig-Tipton Second Session
- Handy Work at Remington for Texas Chrome
- Kentucky Derby Winner Monarchos Dies
- No Raise for NYRA Discretionary Spending
- Twilight Son to Cheveley Park in 2017
- Keen Ice Confirmed for Breeders' Cup Classic
- Malibu Moon, Tapit Colts Could Shine at F-T
- Arc Winner Found Could Run in BC Classic