Struggling New Jersey horse tracks to get a piece of Internet gambling pie

New Jersey lawmakers are throwing a lifeline to help the state’s struggling horse racing tracks.

On Thursday, the New Jersey State Assembly approved a bill that would allow tracks to offer Internet gambling on their premises, The Providence Journal reported.

The law requires tracks operators to ink a partnership with an Atlantic City casino or an online affiliate of a casino to be able to offer online betting.

Casino executive-turned Democratic Assemblyman Ralph Caputo said the new legislation aims to boost the racing industry’s revenue.