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NJSEA Pushes To Have Two Of State's Three Off-Track Wagering Locations Close

Published: December 16, 2010 11:08 am ET

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It has been reported that the New Jersey Sports and Exposition Authority is seeking to shut down two of the three off-track wagering locations in the state.

According to an article on northjersey.com, the NJSEA has asked the state racing commission to deny license renewals for the Toms River and Vineland off-track wagering sites.

The report states that the Toms River site is run by Freehold Raceway operator Pennwood Racing, which holds the rights to erect a maximum of four new off-track wagering locations in the state.

Pennwood is a joint venture of Penn National Gaming and Greenwood Racing, which runs the Vineland site and has the rights to build another off-track wager location in the state.

In June, 2010, Penn National sued Greenwood. Penn National alleged that Greenwood was not cooperating in development of a potentially lucrative off-track wagering facility in Camden County, NJ because Greenwood wanted to protect the profits from its own off-track betting sites in Pennsylvania.

To read reaction from both sides in the matter, read the article in its entirety by clicking here.

(With files from northjersey.com)


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