Will New Jersey Get "Racinos"?

July 8, 2009 -- The one word not mentioned during a
meeting of the commission charged with saving New Jersey's horse
racing industry -- "racino" -- is the very one that helped trigger
the group's creation.
The term refers to horse racing tracks that also feature
electronic gambling machines. Neighboring Pennsylvania, New York
and Delaware all have them.
But New Jersey has been unable to reconcile the interests of its
separate race tracks and casinos.
The split was on display Wednesday as a casino industry
spokesman's testimony never mentioned racinos and suggested the
tracks focus on improvements to their own business.
Racing industry representatives say it's ridiculous to suggest
the industry can survive without embracing the same innovations as
competitors.