Monmouth situation increasingly dire..
 

The horsemen have caused Morris Bailey to walk away and Christie is issuing deadline threats.

http://www.mycentraljersey.com/artic...ed-by-investor

Is Christie lying about the horsemen's requesting a supplement after a handshake agreement? If not, seems the blame doesn't lie in his office.

Yeah, shouldn't have quoted your post, was generic for anyone. I don't have any problem with politicians that don't want to subsidize horse racing.

This is exactly the problem. Christie has said that the horseman changed the handshake agreement, but they are not offering anything.

That isnt what actually happened but hey why let a chance to take a shot at horsemen go to waste.

The horsemen didnt change anything as they had no power to change anything. What happened is that Gural realized by extending the Meadowlands TB dates to the thoroughbred horsemans association (as has been done the last few years) that by proxy he would have to share revenue with them (if off track wagering which has been proposed at the boondoggle mall and also slot revenue if the Meadowlands ever gets them as proposed by many Northern Jersey pols). When he complained to Christie they wanted to include language that precluded the horseman from sharing revenue. Naturally the horsemen's position is that this was the deal agreed upon, the other parties should have done their due dilegence. And while we (horsemen) dont always agree with the NJTHA and their leadership if the shoe was on the other foot the state would surely maintain their position. And the state of NJ doesnt mind keeping the profits from NJ bets while bitching that they are losing money on horse racing. To the state of NJ the OTB profits dont count as "horseracing" revenue.

so... Please educate me. Because I really don't understand...

This 5 million that Bailey put up to lease/manage the track. Was it really only 5 million? And what % of handle/overall revenue would the potential managing group get? Sorry if these questions are dumb but I seriously don't know...

NJTHA Prez John Forbes on ATR this morning and clearly frustrated.

Made it sound like Christie is making any deal an impossible-to-nail-down moving target.

Finally, a state more stupid than Florida when it comes to racing.

Congrats, NJ.

here is a positive sign!!!

The 2012 VIP Season Pass & Parking is now on sale!

Just $85, the pass includes:

•Clubhouse and/or Grandstand Admission for every day of the 2012 meet
•Counts as "paid admission" for all promotional giveaways
•Includes admission for Haskell Day

The 2012 VIP Season Pass is the perfect gift for the racing fan in your family that calls Monmouth Park home for the summer!

i do feel it will get worked out

They'll be running for purses generated from handle, while PA and NY get subsidized.

no handle no purses...no purses no quality.......no quality no handle

I asked a question. Obviously somebody isn't telling the truth.

They'll close in no time, or run at Beulah levels.

The horsemen aren't politically saavy enough to understand that lying is ok when negotiating in the press

The deal signed is simply to save face and give them more time to reach a real deal. There is no chance they will run all those days but in the current climate the horsemen aren't going to feel comfortable waiving the days requirement as it is a negotiating piece and the Gov has no issues with going back on his word.

I hope the horsemen saved up their pennies from the elite meet, because times are going to be tough in NJ no matter how this plays out this year.

It's Alive! It's Alive!!!
 

http://blogs.app.com/capitolquickies...-open-in-2012/

State officials and representatives of a horsemen’s group agreed on a deal late Monday to keep Monmouth Park open in 2012, narrowly beating Gov. Chris Christie’s deadline to have a contract in place.

i guess fatso finally found the envelope under his desk.

Now I can order my season pass.

If this doesn't come through, they might as well board the place up.