Monmouth situation increasingly dire..

[freddymo]

Originally Posted by Cannon Shell

I hve no problem with the casino wanting to end the payments. However the reason that they were making them is still unresolved and a rational idea would be to form some sort of partnership to construct a casino at the Meadowlands that would help everyone. Of course AC doesnt want to do this because they are too greedy to share the profits, The Gov doesnt want to do this because he sways the way the casinos wind blows (obviously not an easy thing to accomplish considering his bulk) and lets face it the 1st 2 parties would rather bankrupt the "competition" before partnering with them.

Another casino isnt the answer..its just another place to rob people.

[pointman]

Originally Posted by freddymo

Another casino isnt the answer..its just another place to rob people.

While you are right about this, other than NJ pumping $30 million year for the next 4 or 5 years to sustain the successful model used for 1 year until the purses could support such a meet going forward, how can NJ horse racing attempt to compete with New York, Delaware and Pennsylvania?

[freddymo]

[quote=pointman;826981]While you are right about this, other than NJ pumping $30 million year for the next 4 or 5 years to sustain the successful model used for 1 year until the purses could support such a meet going forward, how can NJ horse racing attempt to compete with New York, Delaware and Pennsylvania?[/QUOTE


Save NY which is the mecca of racing who cares about Pa/Delaware racing. the horses suck and the handles are a joke. Building another casino is silly. You have to think outside the box the State should recogize that investing BS (100 mil/5 years) money into the sport COULD have a lot of real value long term. Build a small cottage horse business that is attractive or at least sustainable for 12-16 week a year. You have to invest and seed an industry its what governmen is suppose to do.

[richard burch]

in the end you will see a few less casinos in a.c. and a casino in the meadowlands and maybe monmouth.

i'm not good picking horses but that is a lock.

[richard burch]

in the end you will see a few less casinos in a.c. and a casino in the meadowlands and maybe monmouth.

i'm not good picking horses but that is a lock.[/QUOTE]

this just in (as predicted)

Under terms of the lease, Gural agreed to build a new, $70 million grandstand on the opposite side of the current grandstand, as well as 1,500 parking spaces at the site of the current barns on the backstretch.

Gural would also have a right to conduct slot machine operations or other new gaming at the track, depending on legislative approval.

love it.

http://sboanj.com/index.asp?Key=2571

[jms62]

Originally Posted by richard burch

in the end you will see a few less casinos in a.c. and a casino in the meadowlands and maybe monmouth.

i'm not good picking horses but that is a lock.[/QUOTE]

this just in (as predicted)

Under terms of the lease, Gural agreed to build a new, $70 million grandstand on the opposite side of the current grandstand, as well as 1,500 parking spaces at the site of the current barns on the backstretch.

Gural would also have a right to conduct slot machine operations or other new gaming at the track, depending on legislative approval.

love it.

http://sboanj.com/index.asp?Key=2571

You declare victory very early...

[richard burch]

Originally Posted by jms62

You declare victory very early...

j gural is a very smart man. he wouldn't do this without the idea of slots coming in.

and as far as the approval....

no doubt about it.

[Cannon Shell]

Originally Posted by freddymo

Another casino isnt the answer..its just another place to rob people.

Of course it is the answer. You need to have a casino where the people are and the people aren't in AC anymore. If the tracks are a partner on the thing and are allowed to do things the right way (obviously no guarantee of this) then the thing could eventually thrive. But the state wants to take from racing not give and realistically there is no chance that a state handout would be used any differently than it is now. The can would just be kicked down the road again.