The news is coming quickly these days when it comes to gaming, and unfortunately none of it is all that good for New Jersey.
First, Gov. Chris Christie's advisory commission released a report that could very well doom New Jersey's gaming industry by denying the obvious --- that we are facing ferocious competition from other states from racinos and other new gaming offerings.
Then came word that Malaysia-based casino operator Genting was selected by the New York Lottery to operate the proposed slot machine casino at the Aqueduct Racetrack. The planned casino will have 4,500 video lottery terminals (VLTs) and would be the closest legalized gambling facility to Manhattan.
This one-two punch would come at the expense of the Meadowlands Racetrack, which Gov. Christie's commission recommended closing or leasing for $1 a year, without the VLTs other states are offering at their racetracks. The jobs and economic development created by these tracks and the horse industry were already at risk even before this report. They are now on severe life-support.
VLTs at the Meadowlands — with involvement by the Atlantic City casinos — is common sense, but the governor's office has failed to grasp it.
But it doesn't have to be this way.