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22 Nov: Senate Approves First Phase Of Gaming Bills

TRENTON – A package of bills sponsored by Senate Democrats to help breathe new life into New Jersey’s ailing casinos and horse race tracks was approved by the full Senate today. The bills, the result of Statewide hearings held on issues pertaining to the gaming and wagering economic sectors earlier this year, are intended to bolster economic activity and maintain competitiveness for our gaming industries, which are facing more and more competition from across State lines.

“Unless we take the necessary steps to bring our casinos and horse tracks into profitability and self-sufficiency, we’re going to lose these economic engines and all the benefits they bring to our State,” said Senator Jim Whelan, D-Atlantic, the co-chair of the Legislative Gaming Summit and a sponsor on many of the bills. “This would be a devastating blow to New Jersey’s economic future, and it’s something we cannot allow to happen. Through the measures approved today, and additional bills which I expect to move shortly, we will be able to give our gaming and wagering industries a fighting chance.”

08 Nov: Gaming Bills Advance In Senate Committee

TRENTON – A package of bills stemming from the Legislative Democrats’ Joint Gaming Summit held earlier this year which would help stabilize and revitalize the State’s ailing horse racing and casino gaming industries was approved by the Senate State Government, Wagering, Tourism and Historic Preservation Committee today.

“Today’s action in the State Government Committee was only the first part of a comprehensive plan to make New Jersey’s casinos and racetracks more economically productive,” said Senator Jim Whelan, D-Atlantic, and chair of the committee. “The fact remains that gaming and wagering represent a substantial part of our State’s economy, and employ thousands of State residents from every corner of New Jersey. We have a responsibility to give our State’s casinos and racetracks the tools they need to be economically competitive with facilities in neighboring states, but also to ensure that the industry can remain sustainable for the future.”