A recent move by New York legislators to scare off investors in possible future casinos in New Jersey could backfire, according to the operator of Meadowlands Racetrack.
A trade group for New York's racetrack-based casinos is warning of major revenue drops at their facilities if New Jersey voters this fall approve a referendum permitting two new casinos near New York City.
Revenue for horse racing is included in a casino-expansion referendum that will be put before New Jersey voters in November. The legislation states that not less than 2% of revenue would go to support horse racing.
Standardbred racetrack owner Jeff Gural Nov. 12 said track owners should take the lead in improving integrity in the horseracing industry.
A New York State panel has tapped a fourth location for a full-blown casino as the state marches closer to a final set of approvals for a casino expansion.
Ben Nichols, senior manager of media and communications for the World Anti-Doping Agency, and racetrack operator Jeff Gural will be featured speakers at Team Valor International's Stan Bergstein Writing Award presentation.
The Coalition for Horse Racing Integrity announced Sept. 1 that three primarily Standardbred tracks owned and operated by Jeff Gural--Meadowlands, Tioga Downs, and Vernon Downs--have joined as members.
Atlantic City's monopoly on casino gambling began to crumble June 1 as lawmakers introduced a bill that would let voters decide whether to allow three new casinos in northern New Jersey.
The operator of Meadowlands, which primarily offers Standardbred racing, said June 1 he supports a lawmaker's plan to introduce legislation in Congress that would provide oversight of equine medication and drug testing.
A New York casino panel has approved another round of bids for a gaming facility in the Southern Tier region of the state located near Binghamton and just across from the Pennsylvania border.
The Organization of Racing Investigators will hold its 2015 training conference March 1-4 at New Meadowlands in East Rutherford, N.J.
A New York panel has begun anew the process for awarding a commercial casino license in the state's Southern Tier region after the urging of Gov. Andrew Cuomo.
With the new, $88-million Meadowlands Racetrack scheduled to open for live Standardbred racing Nov. 23, Jeff Gural understandably has a case of the jitters.
Thoroughbred racing dates in New Jersey in 2014 will resemble those awarded for this year, with one shift in the schedule: Monmouth will race 57 days and shift four to New Meadowlands to make for a 14-night all-turf meet.
Mike Newlin, general manager of Meadowlands in New Jersey, has left to take a job as general manager of the Penn National Gaming Inc.-owned Sanford-Orlando Kennel Club in central Florida.
The United States Trotting Association has formed a committee to examine a proposal to use a small percentage of gaming revenue to support marketing and enhanced equine drug testing, but stopped short of endorsing the plan.
A proposal floated by Jeff Gural, who leases Meadowlands and operates two racetrack casinos in upstate New York, to use a percentage of gaming revenue for other pro-racing programs has support among USTA members.
The New Jersey Thoroughbred Horsemen's Association has submitted a plan to the New Jersey Sports and Exposition Authority to lease Monmouth Park beginning this year.
New Jersey Gov. Chris Christie Dec. 20 officially announced separate deals for the continuation of live racing at Monmouth Park and Meadowlands in 2012.
A deal brokered earlier this year that would have privatized the horse racing industry in New Jersey has hit a stumbling block just as all parties were set to sign off on it.
Less than two days past the deadline to finalize a lease agreement for Monmouth Park, negotiations have ended because of a dispute between horsemen and the New Jersey Sports and Exposition Authority.
Prospective Monmouth Park lessee Morris Bailey and the New Jersey Sports and Exposition Authority continue negotiating a deal that apparently has hit a snag.
Legislation authorizing the privatization of Monmouth Park and Meadowlands as well as a period of joint operation with the New Jersey Sports and Exposition Authority has been signed into law by Gov. Chris Christie.
A Senate committee in New Jersey is scheduled to address legislation June 20 that would allow the New Jersey Sports and Exposition Authority to jointly operate Monmouth Park and Meadowlands pending licensing of lessees.
Negotiations regarding the lease of two New Jersey racetracks by private operators continued June 1, the date state officials had set to wrap up the transfers.
New Jersey Gov. Chris Christie has signed off on lease agreements for Monmouth Park and Meadowlands effective June 1, but pressing issues remain.
Meadowlands in New Jersey will remain open through May as negotiations continue on a long-term lease of the facility.
Jeff Gural, who is in negotiations to lease Meadowlands from the New Jersey Sports and Exposition Authority, said he met with pari-mutuel tellers April 20 but six of seven members of the negotiating committee boycotted.
A group of mutuel tellers has agreed to meet April 20 with the would-be lessee of Meadowlands, offering some hope the New Jersey racetrack will remain open for live racing and full-card simulcasts.
Barring a reversal by mutuel clerks that refused to vote on a proposal for wage concessions, it appears Meadowlands in New Jersey will not reopen for harness racing in May and the track's simulcast operation will shut down.
New Jersey Sports and Exposition Authority officials are preparing a request for proposals for parties interested in purchasing Monmouth Park.
New Jersey Gov. Chris Christie and horse owners have reached a temporary deal to keep harness racing alive at Meadowlands through the spring, buying more time to privatize the operation.
Officials said they are close to a deal to try to bring New York City Off-Track Betting Corp. out of bankruptcy protection, but that a final agreement is being blocked by several harness tracks in the state.
An upstate New York harness track announced March 11 it wants to reduce pari-mutuel takeout rates to the state minimum in response to calls from horseplayers.
Attendance has been light at this year's joint annual meeting of the Thoroughbred Racing Association and Harness Tracks of America at the Hyatt Grand Champions Resort in Indian Wells, Calif.
- By Tom LaMarra
Racing executives are listening to players, but not enough, according to a journalist and horseplayer. And one track executive who is willing to try some things believes the industry would balk and put up roadblocks. And so it goes in the pari-mutuel horseracing industry.
- By Tom LaMarra
If the horseracing industry fails to make voluntary changes it has resisted for decades, the only things that may save it from doom are involuntary changes brought on by forces in the gambling and entertainment marketplace, officials said Oct. 13.
- By Tom LaMarra
Slot machines may help purses, but in a competitive environment--even in the same state--they don't guarantee a large horse population if one New York track is any indication.
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