New Jersey

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Account Betting Poised to Move Ahead in Jersey

The New Jersey Racing Commission expects to consider a "participation agreement" for distribution of revenue from account and off-track wagering at an Aug. 18 meeting at which the stakeholders are expected to apply for a license to begin account betting.

Garden Party

By Ray Paulick -- The intention of the Breeders' Cup to hold the World Thoroughbred Championships at Monmouth Park in 2007 is good news for New Jersey racing and breeding interests, but the industry's economic picture there could be far worse by then than it is today.

Bill to Authorize Lease of Jersey Tracks Progresses

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.

Jersey's Shore Thing: Monmouth Park Opens Season

Monmouth Park, the resort racetrack located not far from the Atlantic Ocean in New Jersey, will kick off its 2004 meet May 29 with three stakes, including the featured $100,000 Red Bank Handicap (gr. IIIT), and a very healthy purse structure boosted by a casino subsidy.

Jersey-Bred Program Gets Boost From Subsidy

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.

2003 New Jersey Champions Named

Gators N Bears has been named New Jersey-bred horse of the year for 2003. A winner of five races from 13 starts on the year, Gators N Bears won three stakes while also being named the state's champion sprinter and champion 3-year-old male.

Proposed Lease of Monmouth Park Topic of Meeting

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.

New Jersey OTB Parlors Might Be On Fast Track

A "master participation agreement" between the three entities that operate racetracks in New Jersey as to how they intend to divide the 15 potential off-track wagering sites in the state will be considered at the Feb. 18 meeting of the New Jersey Racing Commission. Approval of the deal is seen as the first step toward jump-starting the process of getting OTB parlors operational, perhaps by the end of the year.

Casino Purse Supplement Considered in New Jersey

Under a plan being considered by the New Jersey legislature, the governor's office, and the New Jersey Sports and Exposition Authority, Thoroughbred and Standardbred purses could be supplemented by revenue from Atlantic City casinos, possibly this year.

Judge: Motion Against New Jersey THA Without Merit

New Jersey Superior Court Judge Alexander Lehrer ruled Jan. 5 that the New Jersey Racing Commission's allegations of fiscal mismanagement against the New Jersey Thoroughbred Horsemen's Association were without legal merit, and that the commission cannot amend its complaint to include a claim against New Jersey THA counsel Dennis Drazin, specifically for the legal fees paid to him.

NJSEA Seeking Lease Offers for Meadowlands, Monmouth

  • News

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.

New Jersey Commission Seeks Fine of Horsemen's Group

Although the New Jersey Racing Commission has asked a state court judge to levy a large fine against the state's Thoroughbred Horsemen's Association, and for permission to take over the finances of the organization because of gross mismanagement, one of its top officers said he is confident that the complaint will be dismissed.

Twelve Horses Nominated to Breeders' Cup Steeplechase

One Breeders' Cup winner will be decided a week before the Oct. 25 World Thoroughbred Championships--the Breeders' Cup Steeplechase will take place Oct. 18 in New Jersey. The results of the race often have a strong influence on the Eclipse Award voting for top steeplechase horse.

Monmouth Crowns Meet-End Champions

Five days of racing remain on the 2003 Monmouth Park meet calendar, but the races for leading honors have already been decided. The track's top performers will be honored in a Sept. 28 winner's circle ceremony.

Here and There

National Museum of Racing to honor Peb...NJ holds Thoroughbred Festival Sept. 20...TVG Contestants Can Win a Date with Dergen... More racing programming hits the airwaves in Baltimore...Calder gears up for Festival of the Sun and Horse Fair 2003.

Eight Gals Expected for Saturday's Sorority

This has been a good year for New York-breds racing outside of New York (think Funny Cide), and trainer Terri Pompay hopes to carry on the trend Saturday with Stand on Top in the $100,000 Sorority Stakes (gr. III) at Monmouth Park.

New Jersey Poised to Approve OTB Facilities

  • News

State officials are set to approve a plan to create 15 off-track betting parlors in New Jersey. The plan follows legislation passed in 2001 and a voter referendum approved three years earlier.

Dates Cut in New Jersey Opposed by Horsemen

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.

Report: Woodbine Interested in Meadowlands

  • News

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.

Jersey Horsemen Seek Answers With Tracks on Block

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.

Report: Monmouth, Meadowlands May Be Sold, Leased

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.

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