Quote:
Originally Posted by jms62
Dude... Steve has said racing is a BILLION dollar industry in NJ... Now if racing goes away in NJ what does that mean to the State as far as revenue goes? They lose all the taxes and they lose on the unemployment payouts. You give Monmouth 50 mill and hope they get within the zip code of breaking even. Sounds like a huge win for the State to me. This is much more than Monmouth breaking even or not breaking even.
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I don't want to see racing go anywhere in Jersey. One of my favorite meets of the year was the Meadowlands fall thoroughbred meet. It sucks it's gone this year. What I was saying is Homer is saying he is a Monmouth guy, but wants to see a sustainable model.
Maybe the state will decide to give Monmouth another 50 million next year and do the same thing. But at this point IMO that seems like a longshot. I'm curious to see what happens when Saratoga opens. I do agree with Homer though that it will all come down to business.