Casinos agree to boost subsidy for horse racing
Atlantic City casinos have agreed to boost financial help for New Jersey’s struggling horse racing tracks, but video lottery terminals would still be banned in the state under a deal announced Monday by Gov. Jon S. Corzine.
Related Casino News:
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- Illinois racetrack subsidy challenged
- Casinos get break in return for subsidy
- Instant racing viewed as slots Wyoming Supreme Court justices didn’t agree with the argument that the horse-racing
- N.J. casinos to raise aid to tracks
- Casinos try to help Jersey’s race tracks
- New casinos ‘to boost UK productivity’
- Combining tracks with casinos could provide boost for industry
- Track betting machines may boost tax revenue
- Sports to clamp down on betting
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Do you know that:
- 1926: Las Vegas gets a regular air service. Western Air Express flies between Las Vegas and Salt Lake City. The airfield later becomes the site for the famous Sahara and Hilton hotels.
1931: Gambling is legalized in Nevada on March 19. Construction begins on the long awaited Hoover Dam. - Men and women tend to have different preferences in their gambling. Men are more likely to gamble in games such as blackjack and lotteries and women are more likely to engage in bingo and raffles.
- The major differences between regular poker and video poker is that you are playing against a machine rather than real people, and your goal is to achieve particular hands rather than beat opponents hands.
- Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.
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