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Christie vetoes $15 million in subsidies

Updated: July 12, 2011, 3:32 PM ET
By Matt Hegarty | Daily Racing Form

New Jersey Gov. Chris Christie has vetoed a decision by the state's racing commission to award $15 million in casino subsidies to the state's Thoroughbred and Standardbred industries, according to a letter Christie sent to the commission.

The decision to veto the act will not have a measurable impact on the plans of the racing industries, because the subsidy was not expected to be granted after it was inserted into legislation creating a new regulatory framework for the state's casino ...

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