Unless something has changed over the past six months, Jerold Zaro, New Jersey's recently-announced chief of economic growth under governor John Corzine, is a supporter of VLTs at racetracks in the state.
According to a report on njbiz.com, Zaro was introduced as Corzine's chief advisor on economic matters on October 14. Prior to his appointment, Zaro was a member of the of the New Jersey Sports & Exposition Authority's Board of Commissioners. The article states that Zaro supported the VLT-at-racetrack initiatives in the state.
According to the report, Zaro said "I don't agree with absolutely everything" about the Corzine administration. Although, since Zaro is part of the governor's administration, he said that he will support Corzine's final decisions.
Corzine, in March, reached a deal with Atlantic City casino owners, in which the casinos will subsidize the state's horse racing industry by sending $90 million to the tracks and equine programs over three years. In return, the casinos got a promise from the governor that he will continue to prohibit video lottery terminals at the tracks, and they got some tax breaks.
To read the njbiz.com article in its entirety, click here.
(With files from njbiz.com)