Confidence is building that New Jersey’s horse racing industry is on track for a major comeback after years of struggling to keep up with out-of-state racetracks that are supported by casino gambling. The optimism is being fueled by the new law signed by Governor Phil Murphy in February which sets aside $100 million over the next 5 years for the Garden State’s three racetracks.
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https://www.njtvonline.org/news/video/horse-racing-industry-getting-a-boost-from-state-subsidies/