Though New Jersey Thoroughbred racing has a long way to go from a financial perspective, some racetrack operators and horsemen's representatives appear bullish on the future.
Three New Jersey racetracks will receive the largest share of almost $1 million accrued in the Casino Simulcasting Special Fund in 2012.
There will be 77 Thoroughbred racing dates for 2013 under a schedule approved by the New Jersey Racing Commission Nov. 14. The dates were approved pending a review of the minutes of the meeting by Gov. Chris Christie.
New Jersey Gov. Chris Christie has vetoed a move by the state Racing Commission to provide $15 million in state subsidies for Thoroughbred and harness racing purses.
Uncertainty concerning live racing dates and average daily purse levels continue to swirl around the upcoming Monmouth Park season following the March 18 agenda meeting of New Jersey Racing Commission.
The New Jersey Racing Commission Dec. 22 awarded full racing dates for 2011 and also licensed four off-track wagering facilities for the coming year.
Racing dates for 2011 in New Jersey were awarded Nov. 10 even though they are expected to change under legislation that could be approved by the end of this year.
- By Tom LaMarra
A report on gaming and racing in New Jersey may only be the starting point of a long, drawn-out process during which its deficiencies will be exposed. Read Blog
A battle over purse supplements for a New Jersey harness track that dates back to 2008 was resolved with the Feb. 6 announcement that purses at Freehold Raceway will increase by almost $5 million over the next year.
The New Jersey Racing Commission has awarded 2010 racing dates that closely resemble those of this year.
The New Jersey Racing Commission granted 2009 racing dates Nov. 19 for Atlantic City Race Course and Freehold Raceway, two tracks that have been involved in conflicts tied to casino-paid purse supplements.
Two New Jersey lawmakers have taken a bipartisan approach in urging the governor to quickly form a committee to examine the state and future of the horse racing and breeding industry.
An ugly dispute over purse supplements for a New Jersey harness track could have long-term ramifications as officials devise a plan for the future of horse racing in the Garden State, and it also sheds light on the complications that can arise when racing and gaming are linked.
Issues surrounding a $90-million purse subsidy from Atlantic City casinos continue to plague the New Jersey horseracing industry.
New Jersey Gov. Jon Corzine signed legislation April 11 that allows a $90-million purse supplement for New Jersey racetracks to move forward. Now, the racing industry must decide how the money will be divvied up for purses at perhaps four racetracks.
A plan to help New Jersey's struggling horse racing industry while protecting casinos from video gambling machines at racetracks has cleared a hurdle in the state legislature.
Delays in a purse supplement or other forms of financial relief from the state have led New Jersey's harness racing industry to brace for serious purse reductions.
Six years after off-track wagering was legalized in New Jersey, the first OTW facility is set to open mid-February in Vineland, with two more to follow in mid to late 2007.
On Tuesday members of the Monmouth Park stakeholders committee were told that the racetrack could gain future revenue from slot machines and that leasing market is extremely favorable--and that was at its first meeting.
A deal thought to have been struck between horsemen and racetrack management for 2002-2003 racing dates in the Garden State fell apart Dec. 20 during a sometimes-contentious New Jersey Racing Commission meeting. One racing official said the "climate of pettiness" is threatening live racing in the state.
Zippy Chippy, the maiden who recently lost his 89th race at Penn National Race Course, will go up against a Standardbred pacer on March 17 at Freehold Raceway, a New Jersey harness track. Last year, Zippy Chippy lost a match race with a minor-league baseball player.
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