Governor Corzine Takes a Look at Slots

As Pennsylvania moves closer to becoming one of the nation's biggest commercial gambling states, New Jersey is looking to the idea.

Governor Jon Corzine says he's more open to the idea of allowing video lottery terminals at state racetracks. He opposed the idea during his candidacy, but now says he's no longer strongly against it. He says New Jersey will likely take a hit without seeing any benefits if it continues to ban slots from racetracks.

There's wide disagreement on the degree of financial harm that slot machines at the Meadowlands would harm Atlantic City's casinos. The casino industry argues that adding another gambling facility within the state would cost Atlantic City casinos and the entire state of New Jersey.