A year-old site plan approval for the facility that's already been extended once runs out this month, and township officials said they haven't heard any movement from Penn Gaming in the past year, since it was granted a one-year extension on its site plan. That was news to officials in Cherry Hill. It's not the entire racetrack property.
So, the OTB site wouldn't qualify. The gateway to the former Garden State Park horse-racing course may be the entrance to a new sports betting parlor in Cherry Hill. Burzichelli admits the new law inked this week by Gov. Phil Murphy is at times confusing. It's an outpost to guard against an outflow of economy.
The final version of the legislation sought to redefine exactly where sports betting can take place. The company also operates dozens of other locations in 17 states and Canada. The Gloucester Township and Toms River sites are not eligible for sports betting. It held on to its remaining parcel but left it undeveloped. It stuck out as a grassy lot with the only structure a weather-beaten brick and wood gateway to the former racetrack.
The site was so desolate, Cherry Hill explored declaring it in need of development in that would trigger measures that could have led to the township acquiring it through eminent domain. The site plan for the OTB facility expires at the end of this month. Another use application and hearing will need to take place if the site is to become what legislators hope it will be. Tuesday, according to Donald R. Codey, president of Freehold Raceway.
The paper said Codey wanted it open in time for the Kentucky Derby, which is Saturday. The wagering facility would be the third to open in New Jersey. In , lawmakers approved issuing up to 15 licenses for off-track wagering facilities, with nine to be held by the authority and six by private entities. The process of opening the betting parlor has not been smooth. Some have argued it will have a detrimental effects on the neighborhood, cause problems with traffic, security and parking, in addition to the issues associated with gambling.
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