New Jersey eyes cutting horse tracks in on internet gambling
TRENTON, N.J. — New Jersey lawmakers want to give the state’s horse racing tracks a piece of the action on internet gambling.
The state Assembly is due to vote Thursday on a bill that would authorize tracks to offer internet gambling on their premises if they reach a partnership agreement with an Atlantic City casino or an online affiliate of a casino.
Democratic Assemblyman Ralph Caputo says it’s a way to help the struggling racing industry with new revenue.
“It would bring more traffic into the racetracks, and they need it desperately,” said Caputo, a former casino executive.