Author Topic: Live racing expected to resume at Meadowlands Racetrack Jan. 6  (Read 2425 times)

Jeremy

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Re: Live racing expected to resume at Meadowlands Racetrack Jan. 6
« Reply #15 on: December 16, 2011, 03:29:52 PM »
The VLT revenue was reduced by 34 % when the table games were added (a year or two ago).

 Is there another reduction scheduled?

I was mostly speculating.  I don't follow that stuff, but I thought from the beginning the high takeouts wouldn't increase the betting enough to justify giving the horseman that kind of money for a long period of time.

NIATROSS

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Re: Live racing expected to resume at Meadowlands Racetrack Jan. 6
« Reply #16 on: December 16, 2011, 03:30:43 PM »
ITS outing, Super Bowl 2014, football, horses, slots--what more could a man want?   rflmao1 rflmao1 rflmao1

The Packers going for 3 Super Bowls wins in a row would make it worthwhile !

Jeremy

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Re: Live racing expected to resume at Meadowlands Racetrack Jan. 6
« Reply #17 on: December 16, 2011, 03:32:17 PM »
The Packers going for 3 Super Bowls wins in a row would make it worthwhile !

four ?

Wilderness

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Re: Live racing expected to resume at Meadowlands Racetrack Jan. 6
« Reply #18 on: December 16, 2011, 03:42:36 PM »
The VLT revenue was reduced by 34 % when the table games were added (a year or two ago).

 Is there another reduction scheduled?

I was mostly speculating.  I don't follow that stuff, but I thought from the beginning the high takeouts wouldn't increase the betting enough to justify giving the horseman that kind of money for a long period of time.

 It's difficult to imagine what PA racing  would have been like WITHOUT the aforementioned reduction?

 An additional 40% (24k in the instance of the PA 60K Open) would have been paid to a PA-owned-and-trained horse winning the 60k open (i.e., 84k).

pezz97

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Re: Live racing expected to resume at Meadowlands Racetrack Jan. 6
« Reply #19 on: December 16, 2011, 08:15:21 PM »
Jeff Gural told harnessracing.com on Friday night that he hopes to finalize his deal to operate the Meadowlands Racetrack and sign his lease for the track on Monday and be licensed by the New Jersey Racing Commission on Tuesday.
 
Also, the Daily Racing Form has reported that New Jersey Thoroughbred horsemen have struck a deal with the state so Monmouth Park in New Jersey stays open in 2012, with plans for a 141-day meet. The state will also reopen the bidding for a long-term lease of the track. Last week Morris Bailey dropped his plans to lease Monmouth Park.
 
New Jersey Thoroughbred horsemen's association leaders told the Daily Racing Form that a deal to keep Monmouth open calls for horsemen at Monmouth will run for

CyberChamp

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Re: Live racing expected to resume at Meadowlands Racetrack Jan. 6
« Reply #20 on: December 16, 2011, 08:50:01 PM »
 thumbsup

 

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