first, i live about 1 mile from the stadium. imo, there is not one surrounding community that would allow (vote for) slots at the racetrack. so now atlantic city becomes the solution. chances are close to zero. just today, a law allowing full internet betting across the entire usa is finding major support. delaware is now talking full table games. yesterday (7/28/10) yonkers racino had 1/2 of a small parking lot filled at 3pm. gambling will be no panacea.
as far as xanadu is concerned, only a fool would invest in that project. most ideas proposed are from politicians that think that the sports complex will bail out the state. it 'ain't' gonna happen. an original xanadu idea was a bunch of movie theaters as a main tenant. i went to "toy story 3" yesterday in secaucus at 6pm there were 4 people at the movie, 2 of whom were my partner and me.
christie, who i personally like, loses a huge amount of credibility when he proposes that the state help bail out xanadu. christie, don't do it!!
the state hasn't come up with a real sensible idea as what to do, mainly because the ideas are coming from politicians and not business people with operating smarts. it's going to be a long haul with a lot of pain.

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