With a $10 million purse subsidy expected to pass the governor's desk, Monmouth Park is approaching “the most important summer along Oceanport Avenue since they opened the place in 1946,” wrote columnist Stephen Edelson for the Asbury Park Press. The legislation includes an amendment stating that the subsidy money must be shown to have a positive “impact on the handle/total amount bet; impact on the total number of horses in the races … gate attendance and revenue at each racetrack.''
Edelson reminded readers of Monmouth's success with the “Elite Meet” it hosted in 2010, offering total purses of nearly $800,000 for each racing day. The results were impressive, including a 213 percent increase in average daily handle and a 25 percent boost to field size. Edelson then argued that Monmouth ought to put together another similar championship-type meet for 2019, laying a new foundation for the future of New Jersey racing.
“People want better racing, not simply more of the same,” wrote Edelson. “Monmouth Park has an incredible opportunity here to reestablish itself as a top Tier 2 racing facility, instead of a track you only need to pay attention to a couple of times a year. Squander it and the subsidy goes away, along with the promise of a brighter future of Thoroughbred racing in the state.”
Read more at Asbury Park Press.
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