New Jersey Racing News 2008

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May 8, 2008

Mid-Atlantic sites, NYRA make deal

By MATT HEGARTY, Daily Racing Form

The New York Racing Association and a cooperative representing tracks in the Mid-Atlantic region have reached an agreement that will restore the signal from Belmont Park at the simulcast sites in eight states, effective Friday, officials for the two sides said Thursday.

NYRA and the MidAtlantic Cooperative had failed to reach an agreement on the terms over the Belmont signal since the track opened on April 30. Officials for the cooperative had said that they would not agree to a price increase for the signal, a point not disputed by NYRA officials.

Terms of the agreement were not disclosed, though it is known that NYRA has been seeking some of the highest rates in the country for the signals from its three tracks, Belmont, Aqueduct, and Saratoga.

Martin Lieberman, the executive director of the cooperative, said that the contract was a "long-term," multiyear deal, but he declined to be more specific.

"It's a fair agreement," Lieberman said.

NYRA remains locked in a separate dispute with a cooperative representing simulcasting sites in eight Southern and Midwestern states.

The blackout affected the sites operated by the New Jersey Sports and Exposition Authority, Freehold Raceway, and Atlantic City Race Course in New Jersey; Philadelphia Park, Penn National, and Pocono Downs in Pennsylvania; Charles Town Races in West Virginia; Delaware Park, Dover Downs, and Harrington Raceway in Delaware; Ocean Downs and Rosecroft Raceway in Maryland; Colonial Downs in Virginia; Suffolk Downs in Massachusetts; and Rockingham Park in New Hampshire.

 

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April 23, 2008

No Simulcasts for Atlantic City
ORR.com


Esther Marr reports on Bloodhorse.com that Atlantic City Race Course, which opened April 23 for six days of all-turf racing, will not send out the simulcast signal of its live meet due to a disagreement with the New Jersey Thoroughbred Horsemen's Association.

“We were not able to get the approval of the New Jersey horsemen,” said Maureen Bugdon, president of the track. “We are thrilled with the horsemen, but we weren’t able to reach an agreement with the horsemen’s leadership.”

Atlantic City is owned by Greenwood Racing, the owner of Philadelphia Park Casino & Racetrack in Pennsylvania. The New Jersey Racing Commission told Greenwood last year that Atlantic City would need to run 20 days in 2008 in order to be granted a racing license, but took back the requirement when the track asked for dates. The commission has repeated the condition for 2009.

Daily Racing Form reported that the New Jersey THA had sued the commission over the awarded race dates, and the group is now waiting for a hearing in the Appellate Division of New Jersey Superior Court on the issue. According to Dennis Drazin, president of the horsemen’s group, the hearing could be held before the end of April.

“We’re disappointed (about not sending out a simulcast signal), however we have an incredible six-day turf meet,” Bugdon said. “We are very excited about our fields for the first three days. We have full fields, a lot of excited horsemen, and enormous support from our fans, and we’re just thrilled to be here.”

While Atlantic City has not exported its simulcast signal in recent years, attendance at its brief meets has averaged more than 5,000 per day, which prompted Greenwood to request additional race dates. The boutique meets were conducted primarily to keep the track's year-round simulcasting license.

Atlantic City will card six races a day, all on turf. The meet is slated for April 23-25 and April 30-May 2. The highlight will be the $50,000, five-furlong Tony Gatto Dream Big Stakes, the closing-day feature.

“As stated in previous stories in the last several weeks, we have every intention and it is our desire to continue live Thoroughbred racing at our site, and expand our program for longer race meets in the future,” Bugdon said. “We have no intention to close. We’ve made some very noticeable, modest improvements for this year, and hope to continue that.”
 

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April 12, 2008

Jersey Governor OKs Purse Supplements
ORR.com
 

New Jersey Gov. Jon Corzine signed legislation April 11 that allows a $90-million purse supplement for New Jersey racetracks to move forward.

Tom LaMarra on the Bloodhorse.com reports that the measure, which awards horse racing $30 million a year for three years from casino revenue, also grants the Atlantic City casinos a tax break on promotional gaming credits. The casinos and the New Jersey Sports and Exposition Authority, which operates Monmouth Park and Meadowlands, must produce a signed agreement.

How the $30 million a year will be divvied up remains to be seen, but it is believed Thoroughbred interests would get $15 million and Standardbred interests $15 million. Under a previous four-year supplement deal with the casinos, the money went to Monmouth and Meadowlands for Thoroughbred meets, and Meadowlands and Freehold Raceway for harness meets.

The wild card in negotiations is Atlantic City Race Course, which next year has been ordered by the New Jersey Racing Commission to offer 20 days of racing. Atlantic City officials have told The Blood-Horse they intend to continue racing after this year but need a portion of the supplement to offer longer meets.

There is some friction between Atlantic City and horsemen who want to see the Monmouth meet bolstered as much as possible.

Atlantic City this year will race six days, all on the turf, beginning April 23. The track gets all of its purse revenue from year-round simulcasts and an off-track betting parlor in Vineland. Last year, Atlantic City paid out more than $600,000 in purses for a four-day meet.

Earlier this year, before the casino deal became reality, Freehold Raceway cut purses, and the NJSEA added money to the purse account at Meadowlands to avoid cuts. The tracks in the state argue they need the money to supplement purses so they remain competitive with neighboring states in which purses are subsidized by gaming revenue.

“We applaud the governor for signing this bill,” Tom Luchento, president of the Standardbred Breeders and Owners Association of New Jersey, said in an April 11 statement. “It is another step in the supplement process that will lead to the allocation of the funds to racing.”
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April 12, 2008
New Jersey governor signs bill subsidizing racing industry
ORR.com

New Jersey Governor Jon Corzine signed legislation on Friday that will keep video lottery terminals out of racetracks in the state for three years but provides a $90-million subsidy for the horse racing industry.

The bill gives Atlantic City’s casinos a permanent tax deduction on free slots play but requires them to pay $30-million each year for the next three years to boost purses for races and subsidize the state’s breeding program, the Newark Star-Ledger reports. Previously the casinos paid an 8% tax on free slots games they awarded.

A similar deal signed in 2004 provided $86-million in purse subsidies from the casinos and expired late last year.
Corzine also signed a measure that expands coverage under the New Jersey Horse Racing Injury Compensation Board Act to Thoroughbred hot walkers, grooms, and assistant trainers under certain circumstances.

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April 10, 2008

New Jersey Champions Announced
ORR.com
 

The Bloodhorse is reporting that Talkin About Love, a winner of five of her seven starts last year, has been named New Jersey-bred Horse of the Year and champion 3-year-old female for 2007 by the Thoroughbred Breeders’ Association of New Jersey. Bred, owned, and trained by Kevin Sleeter, she finished the year with more than $375,000 in earnings, bringing her lifetime total to $418,183.

Other divisional award winners are as follows:
Love For Not, 2-year-old female
Owner: Kathleen Willier
Trainer: Kevin Sleeter
Breeder: Golden Dome Stable
Rough Road Ahead, 2-year-old male
Owner: Roseland Farm Stable
Trainer: John Tammaro III
Breeder: John Bowers Jr.
Frank the Barber, 3-year-old male
Owner: Black Diamond Racing and Gary Stute
Trainer: Gary Stute
Breeder: Trident Stables
Pure Disco, handicap female
Owner/breeder: Patricia Generazio
Trainer: Tony Wilson
Joey P., handicap male, sprinter
Owner: John Petrini
Trainer: Ben Perkins Jr.
Teenage Queen, broodmare
Breeder/owner: John Bowers
Private Interview, stallion
Stands at: Colonial Farms near Colts Neck, N.J.

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April 10, 2008
Talkin About Love named New Jersey horse of the year
NJ Breds.com

Grade 3 winner Talkin About Love has been named the 2007 New Jersey-bred horse of the year and champion three-year-old filly.

Kevin Sleeter trains, owns, and bred Talkin About Love, the winner of the ’07 Monmouth Breeders’ Cup Oaks (G3). The Not For Love filly out of She’s Jane, by Northern Idol, also finished third in last year’s Fitz Dixon Cotillion Handicap (G2) and Inside Information Breeders’ Cup Stakes and the 2006 New Jersey Futurity.

Four-year-old Talkin About Love has won six of 12 starts and earned $418,183.
Grade 3 winner Joey P. was named champion handicap horse and sprinter of the year after a 2007 campaign that included four stakes wins. A John Petrini homebred trained by Ben Perkins Jr., the Close Up gelding is out of Luckey Lipco, by Luckey Jin Beau.

Other New Jersey-bred champions included:

    • Two-year-old male—Rough Road Ahead
    • Two-year-old female—Love for Not
    • Three-year-old male—Frank the Barber
    • Champion handicap mare—Pure Disco
    • Broodmare of year—Teenage Queen
    • Stallion of year—Private Interview

 

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April 2, 2008

Atlantic City: No Plans to Call it Quits
ORR.com

Tom LaMarra is reporting on Bloodhorse.com that 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.

Atlantic City will offer six days of all-turf racing this year: April 23-25 and April 30-May 2. The track is open year-round for simulcasts, and as usual will offer full cards from other tracks during its live programs, which will commence at 3 p.m. EDT each day.

In late March, Dennis Drazin, president of the New Jersey Thoroughbred Horsemen’s Group, told The Blood-Horse the 2008 meet at Atlantic City is most likely its last because plans to redevelop the property with a new, smaller grandstand and Turf Club have stalled. In addition, it remains up in the air as to whether Atlantic City, which has been ordered by the New Jersey Racing Commission to offer at least 20 racing days in 2009, will get any of the casino money for purses.

Horsemen have indicated Monmouth Park, Meadowlands, and Freehold Raceway would share in the $30-million a year pot over the next three years. Atlantic City in recent years has offered as many dates as it can using revenue from year-round simulcasts, and also has shifted some purse money to Monmouth. It would need some supplement money to expand its meet.

“As stated during our presentation before the New Jersey Racing Commission at its November meeting, Atlantic City Race Course is thrilled to offer these six days of all-turf racing, and we are committed to offering live racing in the future at our track,” Joe Wilson, chief operating officer of Greenwood Racing, the Pennsylvania-based company that owns Philadelphia Park Casino & Racetrack and Atlantic City, said in an April 2 statement.

“We, along with the other three New Jersey racetracks, have expressed an interest in being a part of the new purse supplement agreement,” Wilson said. “As long as ACRC is a recipient in this agreement, we are prepared to run an extended racing season next year. We have indicated to the New Jersey Racing Commission, the New Jersey Sports and Exposition Authority, and the Thoroughbred horsemen that we are committed to live racing and will run whatever schedule that best ensures the success of this sport in the state of New Jersey.

“We will do whatever we are asked to do, within reason, to help racing in this state.”
Atlantic City president Maureen Bugdon said live racing and year-round simulcasts benefit the economy of Atlantic County and all of southern New Jersey. The track, she said, has every intention of staying open.

“Atlantic City Race Course has no plans to close,” Bugdon said in a statement. “Our 250-plus-acre site represents the sole (Recreation Commercial zone) in our area, and serves as a genuine complement to the casino properties in the way of tourism and entertainment alternatives for visitors. Our meet is extraordinarily well-received each year, with 10-year attendance records being set in each of the last three years.

“It is our hope that once we know what our portion of the purse supplement will be, we will then be in a position to indicate to the New Jersey Racing Commission and our fans what our future plans will include, and we’re very excited that this will mean more live Thoroughbred racing in South Jersey."

Atlantic City, located in Hamilton Township about 14 miles from Atlantic City’s casinos, was expected to close in the late 1990s. It continued to offer short live meets, however, and attendance increased on a daily basis. This year, the NJRC has ordered the track to again export its signal.

Hal Handel, the former chief executive officer of Greenwood, had discussed plans by the company to level the large brick structure and build a European-style grandstand that would sufficiently accommodate crowds for a boutique meet and year-round simulcasts. The rest of the property would be used for non-racing purposes. Handel left Greenwood last summer to take a job with the New York Racing Association.

Though it no longer holds regular summer meets, Atlantic City, which for years raced at night, remains known for its turf course, long considered one of the best in the country.

Atlantic City also owns an operates an off-track betting parlor in Vineland in southern New Jersey. The facility opened last year.

 

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March 18, 2008

New Jersey Senate OKs Purse Subsidy
ORR.com

Tom LaMarra reports in the Bloodhorse.com that The New Jersey legislature has approved a deal whereby Atlantic City casinos will pay the horseracing and breeding industry $90 million over three years in return for a guarantee the tracks won’t pursue video lottery terminals during the period.

The state Senate voted 38-1 March 17 in favor of the measure, which also provides the casinos tax breaks on bets made for promotional purposes. On March 13, the state Assembly approved it by a 76-0 vote. Gov. Jon Corzine has said he will sign the legislation into law.

Still remaining are negotiations on how the $30 million a year will be spent by the Thoroughbred and Standardbred industries in New Jersey. From 2004-07, Thoroughbred and harness interests received a total of $84 million from casinos in the form of a purse subsidy.

Earlier this year, Freehold Raceway, a harness track, cut purses, and Meadowlands, which currently offers harness racing, was expected to do the same. The New Jersey Sports and Exposition Authority, which operates Meadowlands and Monmouth Park, advanced some purse money to maintain daily payouts.

Freehold has increased purses 7%, and could hike them again in a few weeks, according to the Standardbred Breeders and Owners Association of New Jersey.

“We will be sitting down with Sen. (Richard) Codey and Dennis Dowd of the New Jersey Sports and Exposition Authority to work on distribution of the funds, which will be split between the Standardbred and Thoroughbred industries,” SBOANJ president Tom Luchento said in a statement.

New Jersey’s live Thoroughbred season begins with six days of turf racing at Atlantic City Race Course April 23-25 and April 30-May 2. Last year, for four days of racing, Atlantic City paid an average of $153,585 per day in purses, according to The Jockey Club Information Systems.

The southern New Jersey track generates purse money through year-round full-card simulcasts, and in the past has transferred some purse money Monmouth. State regulators have told the track it must offer at least 20 days of racing in 2009, so it’s possible Atlantic City could share in the purse subsidy next year.

Monmouth, during its regular non-Breeders’ Cup meet in 2007, paid $366,774 per day in purses over 75 racing days. Meadowlands offered $292,735 in purses per day for its 41-day Thoroughbred meet last fall.

The casino subsidy is designed to keep purses competitive with those in neighboring states offered by racetracks with alternative gaming. Without it, there was talk Monmouth purses would drop to a daily average of about $200,000.

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March 12, 2008

Plan Floated for Jersey Training Center
ORR.com
 

Linda Dougherty of the Bloodhorse.com is reporting that a  proposal to use 80 acres from the soon-to-be-shuttered Fort Monmouth property in Oceanport, N.J., for a training and winter stabling facility has been made by Dennis Drazin, president of the New Jersey Thoroughbred Horsemen’s Association, to borough officials.

The borough of Oceanport, where Monmouth Park is located, stands to acquire 419 acres of Fort Monmouth—scheduled to be closed by 2011—and does not want to use the entire amount for housing. The site is very close to Monmouth and convenient to other tracks in the Mid-Atlantic region.

“We’ve been saying we need winter stabling for a long time,” Drazin said. “There has always been a question of how that could be accomplished. Should we winterize Monmouth Park? Or would Philadelphia Park (in Pennsylvania) be willing to build additional barns for New Jersey horsemen? A training facility at Fort Monmouth would answer those questions.”

Drazin said he approached Oceanport councilman Gerald “Jay” Briscione about the project, and that Briscione was very supportive.

“This has picked up some steam, and it may be a real possibility,” Drazin said. “The borough is moving forward with it, and we’ve been in touch with attorneys and politicians. We’ll need the support of the (Gov. Jon) Corzine administration, but he has stated that in return for not pursuing video lottery terminals at state racetracks, he would help the racing industry in other ways. There has been no official word yet whether he supports this project.”

Drazin said a conservative estimate for completion of the training facility, once approved, would be three to five years.

“The need for this has come about because of the increased competition from other states,” Briscione said. “There is no place for New Jersey horsemen to go after Monmouth Park closes for the season. It would also maintain jobs for a longer period.

“Right now, horses are at Monmouth Park from mid-April to mid-November. This would put them there from January to December, and the Thoroughbred industry would be part of the local economy for a longer period of time.”

While supportive of the plan, Briscione called its chances a “longshot.” The government may believe the value of the land is too high to support such a project, he said.

“We would want it, but from an economic perspective, is that what the government would want there?” Briscione said.


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March 04, 2008
New Jersey subsidy agreement reached
ORR.com

Tom De Martini is reporting in The Thoroughbred Times that purses for Monmouth Park’s 2008 meeting most likely will stay at or just above last year’s $330,000 per day average following the announcement of a tentative agreement between Atlantic City casinos and New Jersey Governor Jon Corzine to subsidize the state’s racing industry.

Corzine announced the three-year, $90-million subsidy deal late Monday. The $30-million per year fund infusion will be split between Thoroughbred and Standardbred horsemen.

The pact is similar to the three-year subsidy that expired on December 31, 2007, and prohibits the New Jersey Sports & Exposition Authority from installing video lottery terminals at either Monmouth Park or Meadowlands Racetracks for its duration.

New Jersey tracks continue to fight against competition from Pennsylvania racinos, including Philadelphia Park and Hollywood Casino at Penn National Race Course, which are enjoying purse infusions from slot machine funds.

Philadelphia Park’s purse structure is expected to increase to more than $200,000 per day with Penn National reaching $180,000 by the end of the year.

Robert Kulina, vice president and general manager of racing at Monmouth Park said the sports authority is not ready to formally announce purse structures for the 99-date Monmouth Park meeting and the 42-date Meadowlands meeting.

“The Monmouth meet is our premier meet and we’re going to come with a purse structure that’s as competitive in the region as possible,” Kulina said. “The purses at Monmouth have always been higher than those at the Meadowlands. Our plan is to keep purses at last year’s level or become creative and make them a little better.”

Kulina said several issues still are being negotiated in the subsidy agreement, including whether funds will be funneled to the Thoroughbred Breeders’ Association of New Jersey.

The state’s breeders were forced to borrow money from the New Jersey Thoroughbred Horsemen’s Association earlier this year in order pay ’07 breeders’ awards in full.

NJTHA President Dennis Drazin earlier this year said that horsemen would like to see a purse structure approaching $400,000 per day during the peak summer months of the Monmouth Park meeting, even if it lowers purses at the Meadowlands.

Drazin was not immediately available for comment on the subsidy deal.
Kulina said Monmouth’s stable area will open April 14 with training scheduled to commence on April 16 should weather permit.

Last month, the sports authority announced a $4-million Monmouth Park graded stakes schedule, highlighted by the $1-million Haskell Invitational Stakes (G1) on August 3.

In a related matter, the state’s Assembly, Tourism and Gaming Committee approved three different measures on Monday aimed at avoiding the shutdown of casinos and racetracks.

Two of the measures are bills and another is a constitutional amendment designed to keep racetracks and casinos operating in the event of a state government shutdown.

New Jersey’s racetracks and casinos were shut down for three days in July, 2006 when state government operations stopped due to the lack of an ’06-’07 fiscal year budget pact.

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February 21, 2008

Monmouth Announces Stakes Schedule
ORR.com

The Bloodhorse is reporting that the Monmouth Park Stakes Schedule will be headlined by the $1 million Haskell Invitational (gr. I) on Aug. 3, Monmouth Park will offer $3.85 million in graded stakes for the 2008 racing season, which runs from May 9 through Sept. 28.

The biggest change to the 2008 schedule is the date switch for the Salvator Mile (gr. III), which will boast a purse of $300,000, double that of last year, and will be contested July 5 along with the $750,000 United Nations (gr. I). Both races will kick off this year’s Breeders’ Cup Challenge, Win and You’re In series.

“We are proud to offer such a lucrative stakes schedule,” said Dennis Dowd, senior vice president of racing for the New Jersey Sports & Exposition Authority, which owns and operates Monmouth Park. “Monmouth’s stakes races have always attracted the top horses in all divisions and we look forward to presenting racing fans in New Jersey with talent-filled, competitive fields this summer.”

If including the $150,000 Long Branch, a non-graded stakes that is Monmouth’s traditional prep for the Haskell, the stakes schedule hits $4 million.

Other highlights of the 2008 racing season includes the $300,000 Iselin Stakes (gr. III) on Aug. 16, and the $300,000 Molly Pitcher (gr. II) on Aug. 24.

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New Jersey Racing Commission Approves 2008 Dates

Atlantic City Race Course
April 23, 24, 25, 30, May 1 & 2 6 Dates
Monmouth Park
May 9, 10, 11, 16, 17, 18, 23, 24, 25, 26, 29, 30, 31
June 1 through September 28 99 Dates
Dark: Mondays & Tuesdays
Meadowlands Racetrack
September 9, 16, 23, 30
October 1 through November 15
Dark: Sundays during in October
Sundays and Wednesdays during November
42 Dates
Total Thoroughbred Dates 147 Dates

 

 

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