Monmouth situation increasingly dire..

[cmorioles]

Is Christie lying about the horsemen's requesting a supplement after a handshake agreement? If not, seems the blame doesn't lie in his office.

[Cannon Shell]

Originally Posted by cmorioles

Is he lying about the horsemen's requesting a supplement after a handshake agreement? If not, seems the blame doesn't lie in his office.

That isnt what actually happened but hey why let a chance to take a shot at horsemen go to waste.

[cmorioles]

Originally Posted by Cannon Shell

That isnt what actually happened but hey why let a chance to take a shot at horsemen go to waste.

I asked a question. Obviously somebody isn't telling the truth.

[Cannon Shell]

Originally Posted by cmorioles

I asked a question. Obviously somebody isn't telling the truth.

The horsemen aren't politically saavy enough to understand that lying is ok when negotiating in the press

[cmorioles]

Originally Posted by Cardus

CM, I have no idea about what transpired, actually.

Yeah, shouldn't have quoted your post, was generic for anyone. I don't have any problem with politicians that don't want to subsidize horse racing.

[NTamm1215]

Originally Posted by cmorioles

Yeah, shouldn't have quoted your post, was generic for anyone. I don't have any problem with politicians that don't want to subsidize horse racing.

This is exactly the problem. Christie has said that the horseman changed the handshake agreement, but they are not offering anything.

[Cannon Shell]

Originally Posted by NTamm1215

This is exactly the problem. Christie has said that the horseman changed the handshake agreement, but they are not offering anything.

The horsemen didnt change anything as they had no power to change anything. What happened is that Gural realized by extending the Meadowlands TB dates to the thoroughbred horsemans association (as has been done the last few years) that by proxy he would have to share revenue with them (if off track wagering which has been proposed at the boondoggle mall and also slot revenue if the Meadowlands ever gets them as proposed by many Northern Jersey pols). When he complained to Christie they wanted to include language that precluded the horseman from sharing revenue. Naturally the horsemen's position is that this was the deal agreed upon, the other parties should have done their due dilegence. And while we (horsemen) dont always agree with the NJTHA and their leadership if the shoe was on the other foot the state would surely maintain their position. And the state of NJ doesnt mind keeping the profits from NJ bets while bitching that they are losing money on horse racing. To the state of NJ the OTB profits dont count as "horseracing" revenue.

[pmayjr]

so... Please educate me. Because I really don't understand...

This 5 million that Bailey put up to lease/manage the track. Was it really only 5 million? And what % of handle/overall revenue would the potential managing group get? Sorry if these questions are dumb but I seriously don't know...

[Kasept]

NJTHA Prez John Forbes on ATR this morning and clearly frustrated.

Made it sound like Christie is making any deal an impossible-to-nail-down moving target.

[tector]

Finally, a state more stupid than Florida when it comes to racing.

Congrats, NJ.