Luchento: Right Time For NJ Track Slots

Published: May 15, 2009 10:21 am EDT

According to an article by the Asbury Park Press, New Jersey SBOA president Tom Luchento has stated that increased competition from Delaware for gambling dollars now creates more incentive for New Jersey's casinos to partner with racetracks to offer slots gambling outside Atlantic City.

Luchento said New Jersey's best bet to sustain its gambling industry against increased competition from Delaware and other nearby states is to allow for slots betting at the Meadowlands, where shared proceeds could boost both the racetracks and the casinos.

"It would be a win-win for the state, and I think with Atlantic City in a slump right now and other states turning up the pressure, it's the perfect storm for all the parties involved here to come together on putting slots at the Meadowlands," Luchento was quoted as saying.

Click here to read the article in its entirety.

(With files from the Asbury Park Press)

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