Have a look at the study commissioned by NJ on the impact/viability of VLTs at one or more of the state's racetracks. I took a quick look and two things that did jump out were 1) the projected .1% impact of VLTs at the Meadowlands on gross revenue on AC casinos (fatal, baby!) and 2) the NJSEA indicating 80 days of thoroughbred racing in the state in the future (at MP). Think that's enough of a season? Just read some of my more brilliant work.
In a shocking conclusion, the final word is that VLTs at the Big M are really not a huge deal because AC interests are already taking on added competition from PA, NY, DE and elsewhere. So, if VLTs up north meaning saving and growing an industry that's supposedly of some interest to the state, well, go ahead and knock yourselves out. Sure, we could have reached this conclusion back in 1998 and saved ourselves the bit of trouble, but what fun would that have been?
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