Freehold track has not accepted $1.6M bailout - Examiner, 11/6/08:

The funding would help the state's horseracing industry to maintain purse levels and to keep New Jersey's $1.1 billion horse industry viable in the face of increased competition from neighboring states, which already have slots at their racetracks.

He said horses from all over the country and the world race at the Meadowlands.

"People don't come from all over to race at Freehold Raceway. It's a local track and most of the horses come from the Freehold area."

Maintaining New Jersey purse levels affects other quality of life issues in the state as well, according to McNamara.

"People don't understand that it's not just a horse going around in a circle with a driver on its back or a cart behind it," he said. "The horses at the tracks are all stabled in New Jersey and trained and bred on New Jersey farms. All of this means free green acres to the taxpayers of the state."

I'm still trying to figure the "free green acres" remark.