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“It means that our casinos in Atlantic City and our racetracks throughout our state can attract new business and new fans, boosting their own long-term financial prospects. This is the right move for New Jersey and it will strengthen our economy.” The last remaining hurdle standing between would-be bettors and, say, a 6-to-1 wager on Spain to win the World Cup, is the licensing process that is being expedited to get betting operations up and running as soon as possible. The New Jersey Racing Commission handles licensing

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A Jan. 3 closing date has been targeted, saidJoe Faraldo, president of the state's Standardbred OwnersAssociation who said he was recently briefed by MGM and Yonkers Raceway officials about the looming sale. Neither Yonkers Raceway management nor the Gaming Commission would comment about the sale. Gaming Commission spokesman Brad Maione refused to release MGM's application to the state for the sale, saying it is not public. At least parts of the application are clearly public and should be released,said Robert Freeman, executive director of the state Committee on

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