Jersey legislature OK's $30 mil for MTH & MED

[jimmy the T]

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.

[Alan07]

Monmouth opening unlikely before June 1st. That is the 1st day that the lessee can take over.

[randallscott35]

Originally Posted by Alan07

Monmouth opening unlikely before June 1st.

[jms62]

Betfair makes alot of sense since they already have the platform in place for exchange betting.

[Alan07]

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

[Alan07]

Monmouth attracts interest from eight parties
The 8 Parties are:
* Betfair
* MI Developments
* Parx Racing
* John Brunetti
* NJTHA
* Bernard Dowd
* Morris Bailey
* Angelo Gordon Investment Co.

[richard burch]

Originally Posted by Alan07

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

as a long time attendee of the big m, i noticed several things recently. it seems since mr gural (my new hero) attended the races one night and gave a little speech, the amount of workers on site has increased tenfold.

they have people sweeping up tickets that aren't there! there were 3 women selling programs at the same desk, to betters who were nowhere in site! the waste is at ridiculous levels and the sooner ownership changes the better.

it's like a race to get your hours in now because "the times they are a changin"

[Alan07]

Monmouth Dates Request on Regulators' Agenda
The latest rumor has Monmouth running 80 days for about $400,000 a day in purses, though the New Jersey Thoroughbred Horsemen’s Association must sign off on any reduction in dates.