The November 2016 referendum aimed at expanding gambling exercises beyond Atlantic City is causing New Jersey’s racetracks many sleepless nights.
The affected areas are Meadowlands and Monmouth Park, which would immensely benefit had the referendum passed. Nonetheless, casino entrepreneurs and gamers from the regions are seeking for the best way possible that would see them achieve their online gaming dreams.
It should be remembered that back in October, Ronald Dancer, an Assemblyman, introduced the Assembly Bill 4255, that would see horse racetracks to place their wagers at specific if not all casinos within Atlantic City thanks to the internet.
Same could be the case with racetracks from New Jersey. They too would be able to reach to an agreement with a particular casino or some casinos from the Atlantic City. Alternatively, they would enter into an internet gaming affiliate deal.
In November, most people casted their votes in favor of expanding casinos in the city especially on the north thus making Dancer’s proposal the best thing.
Dennis Drazin, Monmouth Park city attorney said that passing of the gambling bill is nothing of a big deal because people are already active in horse race betting. He observed that the only this is that casinos would be receiving regular customers but there isn’t anything new about gaming.
The Gambling Irony
It is surprising that New Jersey, although it is legally allowed to gamble, the exercise is restricted to the 7 casinos located in Atlantic City.
According to the bill, proposed by Dancer, the internet is everywhere in the world and the state is not exceptional. He argues that, because of that free access, there is really no need to the approval by voters.
Those who criticize the bill assert that racetracks are likely to be creative thus come up with machines like slots, which are more of computers.
Others rightfully argue that online gamers are actually deep into gambling from their houses thanks to iGaming. So, they ask, what is the need for the referendum to approve what people are doing?
Impact On Atlantic City
Those who oppose Dancer’s bill, say that the economic implications on Atlantic City are imminent. They claim that 18.5 million cars managed to pass through Pleasantville Toll Plaza in 2015, which was almost 6 million fewer those that passed through 6 years earlier.
So, they maintain that, if casinos are allowed to operate on Monmouth Park, Freehold, or Meadowlands racetracks, would adversely affect the number of visitors touring and doing business in Atlantic City.
With online gaming business blossoming in Garden State as the year draws to the end, nobody would like what is considered Atlantic City’s best revenue collector, sink.