Both industries are facing stiff competition outside the state. The worst thing you can do economically is creating more competition within the state. Supporters of horse racing successes include racinos income in neighboring countries, as evidence of success could be here. However, states have an existing casino industry canada online casino blackjack before putting slots at racetracks.
The racinos stealing customers from New Jersey, any other business is not located on its territory. The success of horse racing and casinos both rely on to recover and expand the number of users outside the state. In addition to creating excessive competition, racinos dilute the product they are trying to promote. After all, customers must go to a race track for Standardbred racing and see. Changing patterns of Atlantic City racetrack slot does not expand the base of the horse racing fan, but the loss of revenue to flow into projects PAAD and construction. Renaissance horse racing is based on off-trail paris, a system that benefits the races without prejudice to the casinos and the valuable programs supported by them. Voters gave their blessing to OTWs in a referendum in 1998 and 2001 off-road and paris the right of the bill is signed into law.
In signing the measure, supporters touted as the configuration OTWs high level to beat the shops from Paris to New York.
In fact, OTWs New Jersey would tie the New Jersey Sports and Exposition Authority said OTWs provide 500 million in annual revenue in five years. Apparently, at that time the horse racing industry will soon turn the corner toward prosperity. However, in the 11 years since voters gave their blessing to OTWs, only three of the 15 originally planned OTWs are operating. The NJSEA has only nine licenses, but has only one OTW opened. To this point, the process of obtaining a complete range of equipment in operation was a disappointing failure. Instead of focusing on the fulfillment of the promise of the law in 2001 and pressing the NJSEA, which is responsible for most licenses, to move in the opening of new industry OTWs horse racing seems abandoning OTWs and asked to unsubventionthe casino industry to increase the portfolio career. However, after four years of going public subsidies (which total nearly 180 million) of casinos, horse racing is still in difficulty. New Jersey, paris system account has been steady growth in its first four years of operation, doubling from 45 million in 2005 to U. These figures canada online casino blackjack should be an incentive for other OTWs running quickly. New Jersey can not afford to have their industry of horse racing and casino industry in competition. Racine and subsidies have continued only cannibalize the bag of money to help elderly and disabled, will stop much-needed development projects and economic damage to an industry that employs canada online casino blackjack nearly 40,000 people. Strategically canada online casino blackjack adding a full range of marketing and OTWs with Atlantic City is always the best way to help the two industries compete in the markets for gaming in other states.
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