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  #1  
Old 01-11-2011, 06:38 AM
Kasept's Avatar
Kasept Kasept is offline
Steve Byk
 
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Location: Greenwich, NY
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Default Jersey legislature OK's $30 mil for MTH & MED

http://www.nj.com/news/index.ssf/201..._bill_tha.html

$30,000,000 over three years, ($15/$10/$5), which hopefully buys time for Monmouth and Meadowlands to figure out best avenues forward. Jeff Gural still supposedly taking over MED on lease basis April 1..
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Last edited by Kasept : 01-11-2011 at 07:15 AM.
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  #2  
Old 01-11-2011, 09:13 AM
jimmy the T jimmy the T is offline
Morris Park
 
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If the governor signs it ,NJ will be first state with internet gambling. With poker being the big game most young people play this will be huge for NJ.The question remains the same what is racing going to do to promote itself to survive on its own.
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  #3  
Old 03-04-2011, 08:22 PM
Alan07 Alan07 is offline
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Monmouth opening unlikely before June 1st. That is the 1st day that the lessee can take over.
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Old 03-04-2011, 08:26 PM
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randallscott35 randallscott35 is offline
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Quote:
Originally Posted by Alan07 View Post
Monmouth opening unlikely before June 1st.
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  #5  
Old 03-05-2011, 05:05 AM
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jms62 jms62 is offline
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Betfair makes alot of sense since they already have the platform in place for exchange betting.
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  #6  
Old 03-08-2011, 12:30 PM
Alan07 Alan07 is offline
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The New Jersey Sports and Exposition Authority told Meadowlands Racetrack workers on Monday, March 7 that they are going to be sent a formal notice this week stating that layoffs could be coming in 60 days' time.

Addressing the fact that racetrack owner Jeff Gural is trying to attract financing to take over the Meadowlands Racetrack, Liguori said, "[Gural is] trying to take over an operation that's losing $12 million or so a year, so savings have to come from different places, and the biggest cost is probably payroll — whether management or union. That reality is setting in."

http://www.northjersey.com/sports/11...f_notices.html
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