The latest agreement spells out simulcast splits between Thoroughbred and harness horsemen. The split depends on where the wager is placed and which breed is hosting a live race meeting.As for purses, litigation over simulcast contributions was resolved with Thoroughbred interests receiving $3.3 million for 2002 pots. Purses at Monmouth will increase $2,370,000, and at Meadowlands $630,000. Also, harness purses for Freehold and Meadowlands are expected to increase by $2 million.
An agreement was reached Friday in New Jersey between Thoroughbred and harness horsemen over racing dates, simulcasting revenue splits, and purses.A three-year agreement was reached on live racing dates for the two racetracks operated by the New Jersey Sports and Exposition Authority --Meadowlands and Monmouth Park.This year, Monmouth will run a 63-day Thoroughbred meet from May 11 through Sept. 1. Meadowlands will run 63 days of Thoroughbred racing, from Sept. 2 through Nov. 23. Meadowlands will run 168 harness dates.