The New Jersey Senate Wagering, Tourism, and Historic Preservation Committee on June 7 approved a bill that would permit the state to lease Monmouth Park and Meadowlands, two racetracks operated by the New Jersey Sports and Exposition Authority.
The New Jersey breeding program will benefit from a four-year agreement reached between New Jersey's Thoroughbred and Standardbred horsemen, as well as its casino industry, officials announced May 25 at a press luncheon at Monmouth Park to celebrate the May 29 opening of the 2004 racing season.
Meadowlands, where Thoroughbreds and Standardbreds have raced on the same program, will link the two breeds together June 5 when it offers a special daily double on the Belmont Stakes (gr. I) and the first race of its evening harness card.
State law must change before any entity other than the New Jersey Sports and Exposition Authority operates Meadowlands and Monmouth Park.
Horsemen in New Jersey will be running for bigger purses starting at Monmouth Park May 29 under a subsidy deal reached between Atlantic City casino and the New Jersey Thoroughbred Horsemen's Association.
New Jersey's casinos are near a deal that would boost purses at the state's three racetracks in exchange for the tracks delaying their plans to install video lottery terminals.
Meadowlands in New Jersey will team with Capitol Racing in California on a new Wednesday pick six designed to tie into all wagering outlets in the Golden State, where the bet traditionally has generated the most action.
The second of the New Jersey Sports and Exposition Authority's Monmouth Park Stakeholders Committee meetings is scheduled for Feb. 11, and the topic is scheduled to be the lease of the racetrack. The NJSEA has said it's exploring the possibility of leasing Monmouth and Meadowlands.
Horse racing was called off Tuesday at two tracks in the New York area because of the threat of a snowstorm. The Thoroughbred card at Aqueduct on Wednesday also was scrapped; there was no racing at Aqueduct on Tuesday.
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.
The New Jersey Sports and Exposition Authority Wednesday voted to authorize the issue of an offering statement that seeks proposals for a long-term lease of the Meadowlands and Monmouth Park. The investment-banking firm of Lehman Brothers will serve as the advisor to the NJSEA in the development of the statement.
The executive committee of the New Jersey Sports and Exposition Authority declined at a meeting before the Thanksgiving holiday to decide whether formal bids to purchase Meadowlands and Monmouth Park would be accepted.
A recommendation to sell control of Monmouth Park and Meadowlands was made to an executive committee of the New Jersey Sports and Exposition Authority, giving the latest indication the NJSEA is seriously contemplating selling the two racetracks to a private investor.
The Meadowlands 28-day Thoroughbred meet concluded Saturday with solid gains in both total and on-track handle.
High-ranking New Jersey politicians and members of the horse racing industry will meet Nov. 12 in Trenton to discuss issues vital to the health of the racing and breeding industry, including the uncertain future of Monmouth Park and Meadowlands.
Jockey Joe Bravo broke a vertebra in his mid-back as a result of a riding spill in the ninth race on Thursday night at the Meadowlands.
The favorite hasn't won the Meadowlands Cup since Marquetry in 1993, but trainer P.G. Johnson is hoping to break that trend when he brings Volponi from New York to New Jersey for Friday's grade II test at Meadowlands. The 5-year-old finished second in last year's running of the race.
The live racing season ends Sunday at Monmouth Park near Oceanport, N.J., and at Assiniboia Downs in Winnipeg, but as those parks prepare to lay low for the winter, Hawthorne, Oak Tree, and Turf Paradise are gearing up for openings this weekend.
Dual Classic winner Funny Cide along with Breeders' Cup Classic (gr. I) winner Volponi top a list of 29 nominations for this year's 26th running of the Oct. 3 Meadowlands Breeders' Cup Stakes (gr. II).
Hall of Fame trainer Phil Johnson has decided to follow the same route in October that Volponi traveled to an upset victory in the Breeders' Cup Classic (gr. I) last year.
Meadowlands has eliminated three of the five graded stakes scheduled for its upcoming meet to help accommodate overnight purses.
The worst power outage in North American history has resulted in cancelled races and significant handle losses for tracks throughout the Northeast and Midwest.
At a meeting of the New Jersey Thoroughbred Horsemen's Association at Monmouth Park Wednesday night, horsemen opposed a proposal to cut September dates at the Oceanport track to 3 days per week in order to keep purses at the current $300,000 level.
Woodbine Entertainment Group, which operates Thoroughbred and Standardbred meets, is considering a purchase or lease of Meadowlands, another dual-breed facility, according to a published report.
News and information about racing and breeding.
While representatives of New Jersey Thoroughbred horsemen claim they have been aware of the desire of the New Jersey Sports and Exposition Authority to sell Monmouth Park and Meadowlands for nearly a year, there are many questions they want answered from prospective buyers, and they believe the timing of the announcement was poor.
The New Jersey Sports and Exposition Authority will formally begin the process of selling or leasing Monmouth Park and Meadowlands in June, a move that could put more than $250 million in the financially strapped state agency's coffers, according to published reports.
In the wake of the New York Racing Association's announcement it would require starters in the June 7 Belmont Stakes to be in a "stakes barn" about 24 hours before the race, officials at two major dual-breed racetracks said detention, or retention, has achieved its goals but continues to be assessed on a regular basis.
After months of negotiations, the ink is finally dry on a 2003 dates schedule for Thoroughbred racetracks in the Garden State.
Poor weather has caused the cancellation of races at Aqueduct and Medowlands on Thursday. Both tracks remain open for simulcasting.
The New Jersey Sports and Exposition Authority and horsemen will ask the state racing commission for 120 live Thoroughbred dates for 2003 instead of 146, officials said Feb. 27. Monmouth Park would kick off calendar Memorial Day, May 24, if the schedule is approved.
Robert Kulina, Monmouth Park's and Meadowlands general manager and vice president of Thoroughbred Racing, will be honored at the 67th New Jersey Sports Writers Association Banquet on Feb. 2 for "Distinguished Service to Thoroughbred Racing."
In response to a statement by an official with Gov. Jim McGreevey's administration that a proposal to place video lottery terminals at Meadowlands "is very unlikely," the head of the New Jersey Sports and Exposition Authority said other avenues will be explored in order to keep the state's racing industry viable.
Horsemen and officials at the New Jersey Sports and Exposition Authority are close to sealing a dates deal for 2003 through 2008, but a final racing calendar for the Garden State may not be known for several months.
After months of legal wrangling and negotiations, the New Jersey Sports and Exposition Authority is close to presenting the New Jersey Racing Commission with participation agreements between itself and two other racing companies in the state in regard to account and off-track wagering.
Horsemen and management at New Jersey's two state racetracks are close to a deal on a revision of 2003 racing dates.
With the National Weather Service forecasting a winter storm that could dump up to 8 inches of snow on the East Coast, many of the region's racetracks cancelled live and simulcast racing Thursday.
Horsemen, racetrack operators, and the New Jersey Racing Commission are in agreement on a 2003 Thoroughbred calendar that calls for 151 live racing days. The schedule was approved even though track officials have said the 141-day allotment for this year doesn't make good business sense.
A Nov. 18 hearing by the New Jersey Economic Growth Committee on legislation to authorize slot machines at Meadowlands ended early because the sponsor, Sen. Joseph Suliga, is still in the process of making changes to the bill.
In an unusual twist, management at Meadowlands in New Jersey is expressing its position concerning 2003 Thoroughbred racing dates, and the state of the current meet, in the track program.
Without a purse supplement from the state and an average daily purse distribution of less than half of what it offered in 2001, business at the current Meadowlands meet has been called "really bad" by an executive of the New Jersey Sports and Exposition Authority, which owns and operates the northern New Jersey track.
After an acrimonious two years of fighting over dates, New Jersey horsemen and the quasi-state agency that runs Monmouth Park and Meadowlands are in the process of hammering out a deal that would reduce the number of live Thoroughbred dates in 2003 in order to maintain or improve the quality of the product.
Can't make it to Chicago? Many tracks around the country have special post times, handicapping seminars, and other events this Saturday.
The push for alternative gaming at racetracks continues in New Jersey.
Del Mar Show tops Friday's Cliff Hanger Handicap at Meadowlands.
Include will be back at Meadowlands Friday night for another shot at the Meadowlands Cup (gr. II), a race that eluded him last year, when he came up two necks short of the top prize as the odds-on favorite.
Starlight Stable's Harlan's Holiday drew the outside post position among seven 3-year-olds entered for Friday night's $350,000 Pegasus Handicap (gr. II) at 1 1/8 mile at the Meadowlands Racetrack.
Harlan's Holiday, coming off a win I the Pennsylvania Derby (gr. II) and heading to the Breeders' Cup Classic (gr. I), should be an overwhelming choice Friday night in the Pegasus Handicap (gr. II) at the Meadowlands.
Harlan's Holiday was assigned highweight of 122 pounds for Friday's $350,000 Pegasus Handicap (gr. II) at the Meadowlands.
Jockey Nick Santagata, injured during the post parade of the first race on Friday night when he fell from his mount Primal Passion, hopes to be back in the saddle and riding again in just one month.
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