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Vol. 7 No. 10, October 2008, Nutshell

New Jersey Casinos and the State’s Racetrack Industry Finalized an Agreement

By GGB Staff   Wed, Oct 01, 2008

On August 13, New Jersey casinos and the state’s racetrack industry finalized an agreement requiring the casinos to pay $90 million over the next three years in exchange for a moratorium on racinos. It follows a previous four-year, $86 million agreement that helps keep the tracks afloat while staving off more competition for Atlantic City.

By GGB Staff

GGB Staff

Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.

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