State lawmakers look to stabilize racing

New Jersey lawmakers will turn their attention to the future of the state's horse racing industry at a hearing today at Monmouth Park racetrack.The struggling

OCEANPORT - New Jersey lawmakers will turn their attention to the future of the state's horse racing industry at a hearing today at Monmouth Park racetrack.

The struggling industry hopes to reinvent itself after Gov. Chris Christie's decision to discontinue a $30 million annual state subsidy.

Christie wants to focus on improving Atlantic City's casino district and says the racing industry will have to stand or fall on its own.

Horsemen say they're developing a new business model for their industry's long-term survival.

There are about 13,000 racing-related jobs and 176,000 acres of horse farms in the Garden State.

Wednesday's hearing in Oceanport is the third in a series called by Democratic lawmakers to discuss the future of New Jersey's casinos and racetracks.

State lawmakers consider horse racing's future NJ lawmakers criticize gaming report Panel recommends overhaul of NJ gaming, sports NJ Democrats, Republicans spar over gaming summitAP wire services contributed to this report.

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