Horse racing announcement may be good news for online gambling advocates

23 August 2011
Horse racing announcement may be good news for online gambling advocates

Earlier this year, New Jersey Governor Chris Christie vetoed a bill that would have made online casinos legal in the Garden State, but recent developments of proponents of the measure are optimistic that he might change his tune.

The Courier-Post reports that the the change may be due in part to the announcement by the famous Perretti Farms which said that it would stop breeding racehorses. Some are afraid that that might lead to other race tracks deciding the same, which could hurt the lucrative horse racing business.

According to state Senator Raymond Lesniak, approving an online gambling bill would allow casinos to help out the race tracks since they’d see a boost in revenue from the websites.

"If you look at the economic indicators from July, gaming reforms implemented by the governor have not resulted in an uptick in economic activity in Atlantic City," state Senator Paul Sarlo told the news source.

New jersey is not the only place in the United States where legislators are fighting hard for the legalization of online casinos. In addition to Washington D.C., Nevada and California have also seen a push for the policy change.

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