CAPUTO SUGGESTS WAYS TO SAVE GAMBLING IN NEW JERSEY

Assemblyman Ralph Caputo had the following published in The Star-Ledger:

“Most experts believe the only way to rescue New Jersey’s declining racetracks is to increase gaming options to create a more enticing experience, chief among these proposals being the installation of video lottery terminals or slot machines. VLTs would boost purses at the racetracks and, thereby, relieve the casino industry of the $30 million annual horse-racing subsidy it currently provides. If we don’t make the right choices in the Legislature now, we could lose both industries. Furious competition and a stricken economy are killing our gaming industry…”