NEW JERSEY RACING: Major date cuts, Swamp closure?

[Kasept]

Future of NJSEA, Meadowlands and Monmouth addressed in this recco and includes possibility ending TB racing at the Swamp and a cut of MTH down to 50 days... Fifty race days would be 10 weeks of 5 day racing or 12+ weeks of 4 day/week racing. Under the current scenario in New Jersey, 50 seems a little light and 91 too much.




Panel out to cut New Jersey races
By Matt Hegarty

http://www.drf.com/news/article/110351.html

Contending that the "status quo is not sustainable," a draft report from a committee examining the finances and future of the New Jersey Sports and Exposition Authority has recommended that Monmouth Park hold a 50-day Thoroughbred meet and that the Meadowlands cease hosting Thoroughbred races altogether.

The recommendations, if implemented, would pare the live racing schedule in New Jersey by 91 dates. The report indicates that the 2010 budget for the sports authority's racing operations estimates losses of $13 million under the current racing schedule, which, under an agreement with horsemen in the state, calls for 141 live racing dates a year through 2016.

"We encourage consideration of all the options to make horse racing self-sustaining, including consolidation of racing statewide," the report's authors wrote. "The ultimate goal is to continue to have live racing at a venue where the Sports Authority and its [offtrack betting] system can operate without a subsidy."

Separately, the report states that "without outside financial resources, the authority will be forced to discontinue racing operations in 2010."

Dennis Drazin, the former president of the New Jersey Thoroughbred Horsemen's Association, said the report's recommendations had "no chance" of implementation this year because of the existing contract guaranteeing racing dates. Drazin negotiated the existing contract, but he has been prohibited from carrying on any other negotiations because of his recent appointment to the New Jersey Racing Commission.

"They have a contract, they have an obligation to race those days," Drazin said. "I don't think there's any serious backing to the threat" to shut down racing at the two tracks.