Why is the State of New Jersey getting back into the horse racing business?

A bill before the New Jersey State Senate would allocate $20 million per year for 5-years out of the state’s general fund to subsidize purses at NJ’s horse racing tracks.  That’s a total of $100 million in tax payer dollars.  In 2011 Governor Christie ended subsidies for horse racetracks saying they defied “reason and logic”.  While the Murphy administration is putting more burden on businesses in New Jersey why is the state bailing out the horse racing industry?

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