dennis drazin

Exchange Wagering Approved In New Jersey

The state of New Jersey will be the first in the nation to offer exchange wagering, beginning in the spring of next year. North Jersey.com reports that the New Jersey Racing Commission gave its approval to a plan proposed by the operators of Monmouth Park and the British company Betfair. Exchange wagering, which has been long-established […]

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All-Turf Meet Shows Double-Digit Gains

The Monmouth-at-Meadowlands Thoroughbred meet is showing double digit increases in handle coupled with higher average field size as the all-turf stand enters its final two weeks of racing in 2015. “It’s a great, competitive product that fans have truly embraced,” said Dennis Drazin, advisor to Darby Development, LLC, operators of the meet. “We have tinkered […]

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‘I Think We Have A Chance’: Monmouth Hoping To Lure Pharoah Back With $1 Million Race

Monmouth Park hosted Triple Crown winner American Pharoah once already, earlier this month when the colt captured the G1 William Hill Haskell Invitational. The weekend was a huge success, with a record 60,983 people attending the Haskell. Since that time, Monmouth officials have been busy working on a plan to lure the Triple Crown winner […]

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Big Business: Successful Haskell Day Shows What’s Possible For New Jersey Racing

A crowd of over 60,000 turned out at Monmouth Park on Sunday to watch American Pharoah cruise to victory in the G1 William Hill Haskell Invitational. While a huge turnout was expected at the track to see the Triple Crown winner in action, racing officials hope that it was not just a one-time thing, but […]

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Monmouth Officials Optimistic As Meet Draws Near

Dennis Drazin, an advisor to track operators, said at a May 5 luncheon that Monmouth Park is operating in the black – a positive development after several years of losses. The track’s annual meet will kick off on Saturday, May 9. “I’m happy to tell you now we are self-sufficient,” said Drazin, as quoted by […]

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Monmouth Puts Start of Sports Betting On Hold ‘For Now’

Sports betting at Monmouth Park, which was to commence on Sunday, Oct. 26, has been placed on hold following a temporary restraining order issued today by the United States District Court in Trenton. “While we are disappointed not to be able to start this Sunday, we are confident that sports betting will be coming to […]

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Leagues Call on Federal Court to Stop Sports Betting in New Jersey

The legal battle over sports wagering in New Jersey isn’t over yet–according to a report by NJ.com, the NCAA, NFL, NBA, MLB, and NHL filed papers in federal court on Monday to halt sports betting in the state, which was slated to begin this weekend at Monmouth Park. The leagues argue that the law signed […]

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Drazin: ‘At Least 45 Days’ Before Monmouth to Offer Sports Betting

Although Gov. Chris Christie approved a directive on Monday allowing New Jersey casinos and racetracks to begin offering sports betting effective immediately, a Monmouth Park official indicated that the facility would not do so until late October. In an interview with the Daily Racing Form, Dennis Drazin, who heads the group that operates Monmouth Park, […]

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Monmouth Park: 2012 meet was ‘taking the good with the bad’

The New Jersey Thoroughbred Horsemen’s Association estimates to have lost around $3 million from the operation of the recently concluded spring/summer meet at Monmouth Park. Considering the alternatives–of either the state coming in to operate the facility and either eliminating the stakes program or shutting the place down completely, the monetary loss doesn’t seem that […]

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