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Old 04-23-2010, 06:44 PM
blackthroatedwind blackthroatedwind is offline
Jerome Park
 
Join Date: Jun 2006
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Quote:
Originally Posted by philcski View Post
It will be wildly successful for fans- who will get a Saratoga-esque experience, and horsemen- who will be chasing mammoth purses, and since Kulina cleverly wrote the condition book there will be ample opportunities for the "regular guy"; hopefully from a handle perspective as well if others agree with me that this (and Saratoga of course) will be the place to focus their wagering capital. I'm not sure how well it will work out for the state of New Jersey, because reduced race dates obviously means unless they increase handle by 40% (probably unattainable) it's a net loser versus the traditional plan. I'd assume NJSEA ends up saving a lot of money on converting Meadowlands and on daily operational costs, but I don't know how their balance sheet looked before it.
If they increase handle by 40% it will be wildly unsuccessful from a financial standpoint.

I'm all for what's good for the fans, and it's hard to believe this won't be great for them, but as a fan of Monmouth Park I would be concerned about it going forward.
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