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.
The New Jersey Racing Commission, in what could end up being nothing more than a symbolic gesture, has divvied up $15 million in casino money that would be used for purses in 2012 should Gov. Chris Christie approve.
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.
The muddled picture of New Jersey racing may become somewhat clearer March 18 when the New Jersey Racing Commission considers a request from the New Jersey Sports and Exposition Authority to amend its request for dates.
New Jersey Sports and Exposition Authority officials are preparing a request for proposals for parties interested in purchasing Monmouth Park.
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.
The New Jersey Racing Commission Dec. 22 will consider a request by the New Jersey Sports and Exposition Authority to yank the licenses of two off-track wagering facilities operated by private interests in the state.
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.
Dennis Drazin, a longtime Thoroughbred owner and breeder who has served as president of the New Jersey Thoroughbred Horsemen's Association, has been confirmed as a member of the New Jersey Racing Commission.
Officials at Atlantic City Race Course said April 2 there are no plans to close the storied New Jersey track, which will continue to offer live Thoroughbred racing and longer meets if it receives a share of a $90-million purse supplement from the state's casinos.
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