For those who think NJ tracks will ever have VLTs

[njcurveball]

Not happening in the next 50 years or so.

http://www.sboanj.com/index.asp?Key=1526

But Sweeney assured the pro-Atlantic City audience that as Senate president he will never post a bill that would allow video lottery terminals, which are similar to slot machines, at racetracks. He said VLTs would hurt Atlantic City.

[Foolish Pleasure]

Sure it will.

The casino run legislature and press will run racing out of business,
then hold a contest to see who can run up to the former MED site to open a casino the fastest.

The state of NJ will go down as making one of the dumbest decisions in the history of planet earth by not opening racinos at MED and GSP directly outside two of the five largest cities in the country neither of which had any casino gambling for decades.

[kenwoodall2]

"introduced the legislation in March as a possible way to stimulate the city’s stagnant casino market".
Racing is not the only gaming not keeping up with the population- just the stepsister!

[Canarsie]

If the governor wants it he will get it. Lets call it strong arm politics. He's a Republican governor and the guy is a Democrat. I can picture Christie saying to Sweeney " you can post all the bills you want but nothing gets my signature".

Do you really think they will get a 200 room law passed without some kind of deal? How about a new casino that wants to be built stating your blocking us by holding up the VLT's.

Their coming to the Meadowlands to be run by the casinos.

[badcompany]

Their coming to the Meadowlands to be run by the casinos.

Agree.

The Yonkers Racino was a game changer. Before, AC's profit motives favored keeping a casino out of Northern NJ as it would cut into AC's traffic, but, now that there's a one just across the GW Bridge that's taking a piece of what AC believes is their cake, a racino in the Meadowlands is a step towards taking it back.

[Robert Goren]

What make you think that they both aren't in the casino's pockets? Casino money doesn't distinguish between parties. That said if choice comes down to a healthy casino industry and a healthy horse industry, the casinos win by a large margin.

[badcompany]

What make you think that they both aren't in the casino's pockets? Casino money doesn't distinguish between parties. That said if choice comes down to a healthy casino industry and a healthy horse industry, the casinos win by a large margin.

This, from that same article supports your statement:

Horse-racing subsidy

While Sweeney and Whelan were somewhat split on aspects of the casino hotel legislation, they did come together on another hotly debated topic: ending subsidies for the state’s horse-racing industry.

“I don’t think casinos should be spending $30 million on horse racing,” Sweeney said at the gaming conference, echoing earlier statements by Whelan. “They should be spending it on promoting the casinos.”

Whelan said he wants to see that arrangement end when the current subsidy deal expires in early 2011. The $30 million that the casinos provide annually to the horse-racing industry goes toward paying for prize purses at three racetracks.

Two of them — the Meadowlands Racetrack and Monmouth Park — could lose $22 million this year, according to a report from the Governor’s Office.

“It really goes back to the underlying issue: Why is there an obligation for either the casino industry or the public to prop up another industry that there is less demand for?” Whelan said.Horse-racing subsidy

While Sweeney and Whelan were somewhat split on aspects of the casino hotel legislation, they did come together on another hotly debated topic: ending subsidies for the state’s horse-racing industry.

“I don’t think casinos should be spending $30 million on horse racing,” Sweeney said at the gaming conference, echoing earlier statements by Whelan. “They should be spending it on promoting the casinos.”

Whelan said he wants to see that arrangement end when the current subsidy deal expires in early 2011. The $30 million that the casinos provide annually to the horse-racing industry goes toward paying for prize purses at three racetracks.

Two of them — the Meadowlands Racetrack and Monmouth Park — could lose $22 million this year, according to a report from the Governor’s Office.

“It really goes back to the underlying issue: Why is there an obligation for either the casino industry or the public to prop up another industry that there is less demand for?” Whelan said.

[Robert Fischer]

“I don’t think casinos should be spending $30 million on horse racing,”. “They should be spending it on promoting the casinos.”

[Stevie Belmont]

NJ Racing need to support itself.

They have plenty of time to put something together at the Meadowlands. Upgrade the track a bit. Add a hotel right connected to the track. You can get to the casino/track without even leaving the building.

Make the Meadowlands a destination. People from all over will come—it's a hop skip and jump from NY.

The construction at the Meadowlands will be in overdrive the next few years, with the Super Bowl coming. The place will be packed.

This is New Jersey's chance to make a statement. Build it and they will come.

[onefast99]

“I don’t think casinos should be spending $30 million on horse racing,”. “They should be spending it on promoting the casinos.”

They want to line their pockets first and promote second. That has been the main problem with the AC casinos since they began operating casinos in the state. AC isn't a top destination for those who live above Toms River. There are too many other casinos that are closer to Central and Northern NJ either in Ct or Pa or even Delaware. AC needs to realize that they don't run the state as they did in the past. The Meadowlands will have VLT's before the 2014 Superbowl.

[Robert Fischer]

They want to line their pockets

I just don’t think casinos should be spending $30 million on horse racing.


They should be spending it on...

















promoting the casinos.:liar:

[Canarsie]

What make you think that they both aren't in the casino's pockets? Casino money doesn't distinguish between parties. That said if choice comes down to a healthy casino industry and a healthy horse industry, the casinos win by a large margin.

I have no idea if they are and either do you. Tourism is a big industry you don't have a clue how much a nice crowd generates income after the races. Monmouth County is a money one with much more pull then Atlantic County. Congressman Pallone (represents Middlesex-Monmouth) who is probably the next U.S. Senator from here will have a big say in this matter trust me.

[alhattab]

Not happening in the next 50 years or so.

http://www.sboanj.com/index.asp?Key=1526

But Sweeney assured the pro-Atlantic City audience that as Senate president he will never post a bill that would allow video lottery terminals, which are similar to slot machines, at racetracks. He said VLTs would hurt Atlantic City.

Assuming your embellishment is serious, why would you take these comments at face value? If the casino interests get the right deal, they will endorse gaming at The Meadowlands. They would be stupid to not do so. Hell the largest operator has already built a gaming hall less then half the distance from AC as The Meadowlands. I think there will be lots of posturing in the Press, but something will get done. The $ going to racing will be a drop in the bucket once The Meadowlands once again brings Yonkers to its knees.

The state needs to be aggressive here. There is no reason to let other states take NJ's money and on top of t hat let our racing business, once clearly AAA-ball to NY, die because of racing in states that don't have 10% of the fan base and interest NJ has.

[Stillriledup]

This is the great thing about our country. Our politicans are all bought and paid for and none of their decisions are based on what's good for the overall population, rather, their decisions are based on whats good for special interest groups.

As long as the AC Casinos have more money to buy politicians than the racing industry, there will be no slots.

Monmouth shouldnt give money to horsemen thru raised purses, they should use that money to pay off the politicians.

[Stillriledup]

NJ Racing need to support itself.

They have plenty of time to put something together at the Meadowlands. Upgrade the track a bit. Add a hotel right connected to the track. You can get to the casino/track without even leaving the building.

Make the Meadowlands a destination. People from all over will come—it's a hop skip and jump from NY.

The construction at the Meadowlands will be in overdrive the next few years, with the Super Bowl coming. The place will be packed.

This is New Jersey's chance to make a statement. Build it and they will come.

Do you know how much money they would make in the week leading UP to the 2014 Super Bowl if they had slots at the Meadowlands Racetrack and the racetrack was actually OPEN during that week for business? Just in that one week, think of the revenue that would be generated for the state.

[onefast99]

Do you know how much money they would make in the week leading UP to the 2014 Super Bowl if they had slots at the Meadowlands Racetrack and the racetrack was actually OPEN during that week for business? Just in that one week, think of the revenue that would be generated for the state.
The harness meet will be going on and they will have VLT's either in the Pegasus or nearby. Mark it down.

[badcompany]

As long as the AC Casinos have more money to buy politicians than the racing industry, there will be no slots.

Monmouth shouldnt give money to horsemen thru raised purses, they should use that money to pay off the politicians.

This would be true during a time when racing actually was competition for the casinos, but the nature of beast has changed. Now the competition is from other gaming facilities. So, it's in the interest of AC not to be confined to AC.

[Vinman]

Do you know how much money they would make in the week leading UP to the 2014 Super Bowl if they had slots at the Meadowlands Racetrack and the racetrack was actually OPEN during that week for business? Just in that one week, think of the revenue that would be generated for the state.



I couldn't have said it any better. The Big M will have slots in time for the 2014 Super Bowl. The "monopoly" on slots and table games that was once enjoyed for many years by the Aycee casinos is SO over. It is time that the casinos recognize this and get on board for whatever slice of the Big M slots pie they can muster, if any.

Vinman

[Stillriledup]

I couldn't have said it any better. The Big M will have slots in time for the 2014 Super Bowl. The "monopoly" on slots and table games that was once enjoyed for many years by the Aycee casinos is SO over. It is time that the casinos recognize this and get on board for whatever slice of the Big M slots pie they can muster, if any.

Vinman

The bottom line is this. Slots at racetracks haven't come to California or NJ simply because someone important enough didn't have enough financial incentive to get this done.

Its sort of like a large pothole in a road that you keep driving over day after day, week after week. Whenever i see a pothole like that eventually fixed, the first thought i think of is, "someone important must have driven over that pothole recently"

[Foolish Pleasure]

THESE ARE NOT SUBSIDIES OR EXTORTION OR WELFARE.

This is payola to not compete in the casino industry.

I can understand the casino bought and paid for politicians portraying it otherwise,

I can understand the press bought and paid for by the casinos siding with the casino interests,


They're muscling racing out of the state by denying alternative forms of gambling to keep it all to themselves in AC.


$20million annually is a drop in the bucket of what MED would rake in with a casino-it is a joke.

[thespaah]

Not happening in the next 50 years or so.

http://www.sboanj.com/index.asp?Key=1526

But Sweeney assured the pro-Atlantic City audience that as Senate president he will never post a bill that would allow video lottery terminals, which are similar to slot machines, at racetracks. He said VLTs would hurt Atlantic City.
Ya know what....screw Atlantic City.
Deal.....If there's no casino subsidy after 2010, the Casinos should then back off on their anti-VLT agenda. They can't have it both ways.
NJ voters need to elect people who have the entire State's best interests. Not powerful deep pocketed industries with their hired gun lobbyists.
The AC casinos would survive with or without VLT's at racetracks just fine, thank you.
In business, competition is good. Competititon forces business to always be on the lookout to improve their product. The casino lobby wants none of this.
If I were in governor of NJ for a day, my first order of business would be to fire every one fo those political hacks running the Casino Control Commission and the NJSEA. Then I would force the Casino people and the racetrack people to sit a table and hammer out some kind of agreeemnt that works for both industries.
Quite frankly, if both the horse racing and casino businesses were healthy, they could benefit each other. Both are battling for a shrinking number of players. So why not work together?
BTW when the Eastern PA racinos get full table games, AC can kiss those people goodbye

[thespaah]

What make you think that they both aren't in the casino's pockets? Casino money doesn't distinguish between parties. That said if choice comes down to a healthy casino industry and a healthy horse industry, the casinos win by a large margin.Which party has run NJ for 50 years or more?
Ignoring the painifully obvious is illogical.
Now, does that mean the minority party is as pure as the driven snow? Heck no!!!!
It is now up to the people of NJ to grow up and stop cheering for their party.
NJ voters are largely infleunced by whom their past generations voted.
"My great grand father was a democrat, my grandfather, my father..." On and on.
NJ voters have to clean house. Get rid of the old guard "we've always done it that way" political bosses. And run the career politicians out of office.
Nothing changes until leadership is changed.