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#1
02-26-2010, 10:31 AM
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Big $ MTH "uber meet" experiment moving forward
Monmouth may offer $1M a day in purses
By Matt Hegarty http://www.drf.com/news/article/111078.html Monmouth Park in Oceanport, New Jersey, will run a 50-day meet in 2010 with purses averaging $1 million a day under a plan proposed by Gov. Chris Christie and supported by the state's horsemen, according to a report in the Newark Star-Ledger. The plan calls for racing on Friday, Saturday, and Sunday, from May 22 to Labor Day, and would also entail dropping the Meadowlands's fall Thoroughbred meet, according to the Star-Ledger. Monmouth and the Meadowlands are operated by the New Jersey Sports and Exposition Authority, a state agency. Earlier this year, a report commissioned by Gov. Christie called for the elimination of the Meadowlands meet and a 50-day meet at Monmouth, a dramatic reduction of the 141 live Thoroughbred racing dates that are required under a contract between the NJSEA and the state's horsemen through 2016. According to the report, horseracing operations at the NJSEA lost $13 million in 2009 [it has been widely but incorrectly reported that the racing operations lost $22 million]. At the time the report was released, Dennis Drazin, the former president of the New Jersey Thoroughbred Horsemen's Association, said that horsemen and management of the NJSEA had discussed the possibility of a 50-day meet, but that horsemen would not support the plan unless the state could guarantee that purses would be $1 million a day. According to Drazin, the state had balked at providing that guarantee.
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All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984. Last edited by Kasept : 03-03-2010 at 05:20 AM. 
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#2
02-26-2010, 10:36 AM
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Wow indeed. Now that is a boutique meet.
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Still trying to outsmart me, aren't you, mule-skinner? You want me to think that you don't want me to go down there, but the subtle truth is you really don't want me to go down there!
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#4
02-26-2010, 11:01 AM
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__________________
Still trying to outsmart me, aren't you, mule-skinner? You want me to think that you don't want me to go down there, but the subtle truth is you really don't want me to go down there!
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#5
02-26-2010, 11:19 AM
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Yeah, if they can coordinate boutique meets accross the country so one is winding down and another is coming up, that would be cool.
Satish could work out the details as $1 year Commish!
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“Once there was only dark. If you ask me, light’s winning.”–Rust Cohle – True Detective
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#6
02-26-2010, 11:32 AM
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#7
02-26-2010, 11:41 AM
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I can live with Fri-Sun only since those are the days I go to the track anyway. I'm always skeptical of anything this screwed up state proposes however. I need to hear more opinions from better informed people.
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#8
03-09-2010, 07:55 AM
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http://www.bloodhorse.com/horse-raci...monmouth-dates
Most important thing I grabbed from the article was the last sentence Quote:
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#9
03-09-2010, 08:01 AM
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you are right on. this might help but double the handle? that seems like pie in the sky at this time. are they accounting for losing some every day bettors and horsemen? this will be a better product but i highly doubt they will double the handle or even come close to that. plus, all the racing time they lose. people are worried (at other venues)but i think other tracks will attract some of their horses. people only make money when they run thier horses. but, then again this may be the way the industry is going, seeing that they are all losing, they got to try something which is a start. if it does work out, other states will have to look at this. but double the handle in this economy with all the gambling places.....c'mon
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#10
03-09-2010, 08:30 AM
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#11
03-02-2010, 10:36 PM
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So NJ stands to destroy NY racing
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#12
03-03-2010, 07:42 AM
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#13
03-03-2010, 07:43 AM
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A boutique meet would be a great idea for Monmouth. Let's see it get done, however.
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#14
03-03-2010, 08:36 AM
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#15
03-03-2010, 08:43 AM
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#16
03-03-2010, 08:48 AM
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Hybrid Mode
