Plan to help NJ horse racing advances

March 13, 2008 6:09:24 PM PDT
A plan to help New Jersey's struggling horse racing industry while protecting casinos from video gambling has cleared a hurdle in the Legislature. The Assembly voted 76-0 on Thursday to approve having Atlantic City casinos give $90 million over three years to support New Jersey's horse racing industry.

In return, casinos get a guarantee that horse tracks won't install video lottery terminals for at least three years.

The Senate is set to approve the bill on Monday and Gov. Jon Corzine supports it.