HORSEPLOP.COM
General Category => Harness Racing => Topic started by: stanetelman on June 02, 2024, 10:30:22 PM
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"I want to give notice to the industry that I am done writing checks as the losses at The Meadowlands from racing continue to mount. Without help from the industry it is highly unlikely that we will be able to maintain the current stakes program next year. Fortunately, I only own trotters so it will be easy just to eliminate the stakes for the pacers, but I think that would hurt the owners and breeders of pacers, so I hope the industry is prepared to step up for a change and do their part."
Harness Racing Update
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the meaningless $3mil handle on saturdays doesnt help when over half is given away to the rebate CAWs
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"I want to give notice to the industry that I am done writing checks as the losses at The Meadowlands from racing continue to mount. Without help from the industry it is highly unlikely that we will be able to maintain the current stakes program next year. Fortunately, I only own trotters so it will be easy just to eliminate the stakes for the pacers, but I think that would hurt the owners and breeders of pacers, so I hope the industry is prepared to step up for a change and do their part."
Harness Racing Update
Shut her down! There're plenty other places to race! Well, maybe not Yonkers! lol
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BOO HOO..Fuck you Jeffie..who cares.
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Typical - "I own trotters so FUCK YOU PACER PEOPLE I pay myself and take care of myself. " - Close the door your crying POS. He's the brokest so called billionaire in the history of billionaires!
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The big owners and breeders will chip in. The question is who else and how much is actually needed
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(https://iili.io/JmV0Rja.md.jpg)
https://youtube.com/live/mOQ9OO0DFFo
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You might not like him BUT REMEMBER !! without him there would be no Meadowlands. He's an arrogant jerk, aren't most race track owners (Casino's)!
, It's his, It's his lease, he can run it the way he wants, if you don't want to race there, don't!! Look it ain't the old Big M, get over it. If he's loosing money, feeding the poor horseman, shame on him. Remember he has 2 other track too deal with. HOW MUCH MONEY DO YOU THINK HARNESS RACING BRINGS IN? The only thing that saves the tracks are his poor performing casinos. Only Sports Betting is making anything.
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You might not like him BUT REMEMBER !! without him there would be no Meadowlands. He's an arrogant jerk, aren't most race track owners (Casino's)!
, It's his, It's his lease, he can run it the way he wants, if you don't want to race there, don't!! Look it ain't the old Big M, get over it. If he's loosing money, feeding the poor horseman, shame on him. Remember he has 2 other track too deal with. HOW MUCH MONEY DO YOU THINK HARNESS RACING BRINGS IN? The only thing that saves the tracks are his poor performing casinos. Only Sports Betting is making anything.
What rubs people the wrong way is everyone knows he got involved at the meadowlands for a shot at a highly lucrative casino. Not for racing.
Now that he failed at getting a casino and failed at operating the racetrack successfully, he is making threats and demanding money.
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Exactly how is he supposed to run the racetrack successfully? It's a dying sport. How is he supposed to change the tragectory our industry has had for the past 20 yrs by himself? He wants handle, he wants bettors just like all of us. You have to have a product, why aren't we helping him instead of bashing him. I see him as a businessman who put up his wealth for his love of harness racing. Fine he wanted a casino, can you imagine if he received the casino. Not like Yonkers, didn't see any track in the new vision of Yonkers Raceway.
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Big fckin crybaby
Shut it down
Hebrew track owner play the VICTIM role
Perfectly
HE HAS NO BALLS TO SHUT IT DOWN
Hi Race Trotter, I don’t Racer Pacer, so I just eliminate the Pacers what a little fucking Cunt
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Exactly how is he supposed to run the racetrack successfully? It's a dying sport. How is he supposed to change the tragectory our industry has had for the past 20 yrs by himself? He wants handle, he wants bettors just like all of us. You have to have a product, why aren't we helping him instead of bashing him. I see him as a businessman who put up his wealth for his love of harness racing. Fine he wanted a casino, can you imagine if he received the casino. Not like Yonkers, didn't see any track in the new vision of Yonkers Raceway.
He allowed huge CAW play into his pools. Bettors are under no obligation to support that track. In fact, they are way better off ignoring the track completely. That was Gural's decision, not anyone elses
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Why does the Meadowlands have to survive? it's not the 70's or 80's any longer and all things must end sooner or later. Hell, I used to be able to screw 5 -6 times a night but that was 30 years ago as well! If he wants to make it a circus let him. Race somewhere else! Shut her down and make it a shopping mall!
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used to be able to screw 5 -6 times a night but that was 30 years ago as well!
Can you give us a list of your victims? Male/female/ both/neither?
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In my opinion the Meadowlands stakes program is over the top. There is no reason to have that many big stakes. The handle doesn't warrant them. A good Saturday is January handles more then some stakes cards. Elims are usually boring & not worth betting.
How much is Jeff looking for? If it's millions I say eliminate some. The year Jeff had the Breeders Crown the Meadowlands had 16 million in stakes races. That is outrageous & over the top in my opinion. If Gural could eliminate the overnights I think he would.
Saratoga & Belmont have bigger handles. I don't think their stakes are as rich in dollars as the Meadowlands.
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Sad thing is that The Meadowlands comes closer to breaking even than any other track in the USA. Who would expect much corporate support when the breeders do so little. We hear how much the tracks lose but never how much the BIG farms lose. Tracks aer all in shambles and the big breeding farms are showplaces.
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Frank The Elder saw the importance of The Red Mile played in the showcasing of the top tier colts and filly's of the sport. So, he and a few others purchased the Red Mile.
The place was a big loser until recently getting the Historic Racing VLTs.
The same can be said for the Meadowlands. As much as they try, they can not succeed without slot revenue.
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Exactly how is he supposed to run the racetrack successfully? It's a dying sport. How is he supposed to change the tragectory our industry has had for the past 20 yrs by himself? He wants handle, he wants bettors just like all of us. You have to have a product, why aren't we helping him instead of bashing him. I see him as a businessman who put up his wealth for his love of harness racing. Fine he wanted a casino, can you imagine if he received the casino. Not like Yonkers, didn't see any track in the new vision of Yonkers Raceway.
He has Jason Settlemoire and Nick Salvi butt fucking each other coming up with idiotic ideas and promotions. who the heck wants a drag show? he spends 5 million on fbi and five stones investigation for what? to rid his competition and settle personal scores with people he didn't like. he's a trust fund billionaire that is a cry baby. he can sell that lease and get all his money back in seconds but he won't - why? because he potentially bought a billion dollar casino for under 20 million and he's bitching. gotta pay to play jeffy! no one cares! any major casino will gladly buy that lease from you by friday you nit wit!
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There are no hero casinos out there who want the Meadowlands as it is, they want a casino, not a racetrack!!! Could you please explain how YOU would make the place better. Nobody gives a damn about what Jason and Nick do in their private lives. So they come up with stupid ideas, just like every other track. If you don't like the place wager and race some where else. AGAIN remember NO Meadowlands WITHOUT JEFF GURAL !!!! I don't like him but it's better than no racetrack. DEAL WITH IT
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I think that the harness racing industry would "take a hit' if Gural sold/closed The Meadowlands. Although I think he has some "questionable" qualities as a human being, I think harness racing would not benefit if he gets out of the biz.
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MR. GURAL HAS DONE A WONDERFUL JOB. HE IS ESSENCE CONTROLS THE MECCA OF HARNESS RACING IN THE MOST LUCRATIVE AREA IN THE WORLD. HE DESERVES WHAT HE HAS EARNED THROUGH HIS INVESTMENT.
NOW, INSTEAD OF CRYING THE INDUSTRY SHOULD STEP TO THE PLATE AND BUY THE MEADOWLANDS----100% ! THE CASINO AND LOCATION HAS UNBELIEVABLE VALUE AND WILL MAKE MANY WEALTHY.
MY PLAN IS SIMPLE----WORK OUT A PURCHASE AGREEMENT WITH MR. GURAL. HIRE A QUALITY INVESTMENT BANKER ----BUILD THE PROFITABLE MODEL AND DO AN IPO WITH THE INDUSTRY CONTROLLING THE ASSET. SOUNDS DIFFICULT BUT IT IS NOT. THIS IS DONE EVERYDAY. THE HOMERUN IS THE SPORTS BOOK AND THE CASINO---THE IDEA HERE IS PUT UP OR SHUT UP. BY DOING N IPO THE MONEY COULD BE RAISED EASILY ON WALL STREET.
I HVE NO CLUE ABOUT THE CURRENT STRUCTURE OR CURRENT INVETORS. DUE DILIGENCE WOULD IN FACT GIVE GUIDANCE TO HOW THIS ALL COULD GET COMPLETED AND IT CAN WHERE THERE IS WILL THERE IS A WAY ! THERE MAY ALREADY BE INVESTORS WITH VOTING RIGHTS. NOT SURE BUT IN MY OPINION THIS IS A WAY TO REPAY MR. GURAL AS WELL AS SECURE THIS TRACK FOR THE FUTURE BY USING THE ASSET ITSELF.
I AM SURE MANY DO NOT AGREE WITH ME BUT THIS IS THE AVENUE TO PURSUE OWNERSHIP AND CONTROL OF THIS TRACK AND MANY OTHER TRACKS TO INSURE THE SPORT SURVIVES. ADDITIONALLY THE INDUSTRY WOULD GROW IF THE PROPER INVESTMENT WAS DISPLAYED TO MANY INVESTORS.
THIS CAN BE DONE FOLKS AND THEN WE WOULD NEED TO GO TO WORK IN BUILDING THE BETTING INTEREST AND TRUTHFULLY IT CAN BE DONE. NOT AS IT IS TODAY BUT ANOTHER WAY. YES, I AM OLD BUT NOT FEEBLE.
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In order to build a "profitable model" you may need to eliminate live harness racing as it is now. No, sir. The only investors that value harness racing would be the top owners and breeders. A scenario such as The Red Mile.
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Whoever wins the $5k betting contest there this weekend should donate it back to help Jeffie out! ngc3
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He has completely failed at landing a casino but people still say he's done a wonderful job?
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He has completely failed at landing a casino but people still say he's done a wonderful job?
No one can just "land a casino in NJ"
Trenton is a pay to play capital-and NJ wont allow any casinos outside atlantic city-its been 47 years now
Gural thought he could waltz in and get a casino-but knows nothing about NJ politics
so he suddenly got a dose of reality when Trenton laughed at him
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No one can just "land a casino in NJ"
Trenton is a pay to play capital-and NJ wont allow any casinos outside atlantic city-its been 47 years now
Gural thought he could waltz in and get a casino-but knows nothing about NJ politics
so he suddenly got a dose of reality when Trenton laughed at him
So I ask, what exactly is so wonderful about the job Gural has done at the meadowlands?
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So I ask, what exactly is so wonderful about the job Gural has done at the meadowlands?
absolutely nothing is the answer
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They're still racing and wouldn't be if he didn't step up. that's the wonderful job he's done. He helped get a bunch of convictions for the Feds. He can not do this alone. Ya he did a terrible job, by not getting a casino, which was never going to be easy. All the players were stacked against him. AC put the wheel under him just as they have everybody else who tried.
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They could not get the legislature to change the law, allowing a casino outside AC. So they did what needed to be done buy getting on the ballot for a referendum.
That proved to be a greater disaster as he had no support in the local voters as well as state wide.
So, a casino outside AC will need the legislators in Trenton. The only thing that I can see that would put enough pressure on them is if a NYC casino had a large enough negative effect on AC.
Now, the dude is approaching 80 years old. How much longer can he be effective ?
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They're still racing and wouldn't be if he didn't step up. that's the wonderful job he's done. He helped get a bunch of convictions for the Feds. He can not do this alone. Ya he did a terrible job, by not getting a casino, which was never going to be easy. All the players were stacked against him. AC put the wheel under him just as they have everybody else who tried.
I agree. Meadowlands wouldn't be racing at all if not for him.
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I agree. Meadowlands wouldn't be racing at all if not for him.
Do you know this for a fact?
I disagree. The state would have reopened racing to operate the sportsbook when it was legalized.
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I guess that's possible. But do they need a racetrack to have a sportsbook?
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No they don’t. JG made and agreement to race and have SB. Soon as he figures out how to change the clause racing will have to fund its self with handle and state subsidies.
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I guess that's possible. But do they need a racetrack to have a sportsbook?
Yes. The state would have had a line a mile deep to take over both operations. The book is very lucrative.
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Big fckin crybaby
Shut it down
Hebrew track owner play the VICTIM role
Perfectly
HE HAS NO BALLS TO SHUT IT DOWN
Hi Race Trotter, I don’t Racer Pacer, so I just eliminate the Pacers what a little fucking Cunt
Tough language for an industry pillar
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Mr Gural is getting up there in age. He has said on multiple occasion that his son is not interested. I suggest all whiners and complainers pool there money and buy the track.
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The track is not for sale. Gural only has a lease on it. If Gural and his investors decide to stop tomorrow they get the original $100 million plus 10%. That was the deal the state made them on the lease if no casino. I don’t care for the way he picks and chooses but they could have walked away last year with a 10 million profit. He obviously cares about racing or they would of
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The track is not for sale. Gural only has a lease on it. If Gural and his investors decide to stop tomorrow they get the original $100 million plus 10%. That was the deal the state made them on the lease if no casino. I don’t care for the way he picks and chooses but they could have walked away last year with a 10 million profit. He obviously cares about racing or they would of
Nobody would hand over that sportsbook (with the failing racetrack) and a give away leverage for a possible casino for 10MM.
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What's amazing is none of these ideas include how to make a dead industry living off welfare pay for itself.
(https://iili.io/JpYhNBn.md.jpg)
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I predict that the Meadowlands will be around far longer than anyone here.
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I predict that the Meadowlands will be around far longer than anyone here.
Who/which group will be in charge of the meadowlands when this occurs?
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The track is not for sale. Gural only has a lease on it. If Gural and his investors decide to stop tomorrow they get the original $100 million plus 10%. That was the deal the state made them on the lease if no casino. I don’t care for the way he picks and chooses but they could have walked away last year with a 10 million profit. He obviously cares about racing or they would of
That is incorrect! Gural gets his money backplus 10% the investors are fucked.
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A 10% profit over 12 years is no windfall at any level. If his stories of paying out of pocket for all he says is true, 10 million would be a huge loss.
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That is incorrect! Gural gets his money backplus 10% the investors are fucked.
Yea I’m sure the other investors were willing to take a lessor deal than Gural got. Thanks for showing you’re ignorance again XYZ
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Gural is a very wealthy man. I'm curious if he is giving himself a salary at the Meadowlands.Curio us about what he is paying Settlemore. I am fine with their salaries if they are in range with industry norms. If they are much higher, that looks bad.
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Gural is a very wealthy man. I'm curious if he is giving himself a salary at the Meadowlands.Curio us about what he is paying Settlemore. I am fine with their salaries if they are in range with industry norms. If they are much higher, that looks bad.
He pays millions out of pocket. If he is required to take a check it's probably a dollar. Incredible how people love counting everyone else's money when it's those same people they need to survive.
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He pays millions out of pocket. If he is required to take a check it's probably a dollar. Incredible how people love counting everyone else's money when it's those same people they need to survive.
Settlemoire is pulling down 500k to 750K easy
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As if ngc3 ngc3 Better take off a zero and it would be ALOT closer to the amount.
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Settlemoire is pulling down 500k to 750K easy
Does Settlemoir have other responsibilities at Vernon and Tioga? If so, then you have to readjust the pay scale accordingly!
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Settlemoire is pulling down 500k to 750K easy
Why not just make it a cool million. Too funny. You do realize that JG pays many of his employees bottom barrel wages and Settlemoire might be making 200k and that is a big might.
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He pays millions out of pocket. If he is required to take a check it's probably a dollar. Incredible how people love counting everyone else's money when it's those same people they need to survive.
where and when does he pay millions out of pocket?
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where and when does he pay millions out of pocket?
The fact you actually asked that proves my point. Horsemen have NO clue where the welfare comes from.
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Care to talk about the $5m state subsidy for use on overnight races , not stake races, MP?
I did the math on here before. He actually has to produce roughly $4700 per race on those overnights,
and he's got his big $3m handle to offset that. Still he continues to cry poverty and whine. 11.wp
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Care to talk about the $5m state subsidy for use on overnight races , not stake races, MP?
I did the math on here before. He actually has to produce roughly $4700 per race on those overnights,
and he's got his big $3m handle to offset that. Still he continues to cry poverty and whine. 11.wp
A handle shouldn't have to "offset" a dime in purses. It should BE the purses. Ya know, the way it used to be and is supposed to be. An industry supported off it's own revenue, not welfare. Holy mother have mercy.... ngc3
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"All of us at The Meadowlands are grateful to be able to say business is up over last year, even though Jeff is continuing to lose money.” said Big M Chief Operating Officer and General Manager Jason Settlemoir. “We owe so much to our loyal fan base who always appreciate betting our product, our race office for carding competitive races, our horsemen for supporting the entry box and our employees for presenting an atmosphere where the few patrons that do show up can come for a great night of entertainment, and that goes for people who like betting on the races, as well as those who don’t.”
Meadowlands Media Relations
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In compliance with the state purse subsidy agreement, the Meadowlands receives $6 million a year for overnight purses, only. Racing 92 days this year gives you about
$65,000 a night on a common 14 race card.
The 3.5 million in total wagering equates to about $92,000 a night . So, the overnight purses distributed on a 14 race card is about $11.500.00 a race.
Now these figures don't include rebates of off track wagers. I have no clue as to what they may be.
Accepting these figures as true or close to true, I don't doubt there are many Jeffery dollars in the purses. Be it overnights or stake races.
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In compliance with the state purse subsidy agreement, the Meadowlands receives $6 million a year for overnight purses, only. Racing 92 days this year gives you about
$65,000 a night on a common 14 race card.
The 3.5 million in total wagering equates to about $92,000 a night . So, the overnight purses distributed on a 14 race card is about $11.500.00 a race.
Now these figures don't include rebates of off track wagers. I have no clue as to what they may be.
Accepting these figures as true or close to true, I don't doubt there are many Jeffery dollars in the purses. Be it overnights or stake races.
And up until these subsidies plus the sports book whose pocket was the money coming out of. You people have very short memories. As much as I question his methods, he and only he got the place to this point. Otherwise it would have been Met Life parking lots W X Y and Z
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Nice post Exporter. I had posted a similar thing less than a year ago for the 'HANDLE'
lovers. The racing probably does cost his some. Small price to pay to control that sports
betting on site. Bottom line is do it and shut the fuck up or get out.
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(https://iili.io/Jpe5lBR.md.jpg)
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Nice post Exporter. I had posted a similar thing less than a year ago for the 'HANDLE'
lovers. The racing probably does cost his some. Small price to pay to control that sports
betting on site. Bottom line is do it and shut the fuck up or get out.
Probably cost him some?
It costs him a lot and clearly, that makes him extremely angry
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Probably cost him some?
It costs him a lot and clearly, that makes him extremely angry
Horsemen have no people taking other people's money. Then trashing who they took it from .
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Horsemen have no people taking other people's money. Then trashing who they took it from .
If that isn't the pot calling the kettle black.
Yarock, Birkrandt, Bartlett, anong many others.
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In compliance with the state purse subsidy agreement, the Meadowlands receives $6 million a year for overnight purses, only. Racing 92 days this year gives you about
$65,000 a night on a common 14 race card.
The 3.5 million in total wagering equates to about $92,000 a night . So, the overnight purses distributed on a 14 race card is about $11.500.00 a race.
Now these figures don't include rebates of off track wagers. I have no clue as to what they may be.
Accepting these figures as true or close to true, I don't doubt there are many Jeffery dollars in the purses. Be it overnights or stake races.
My guess is you are correct. Add in the cost of racing, track personnel, electricity etc, Mr. Gural is laying out big dollars.
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My guess is you are correct. Add in the cost of racing, track personnel, electricity etc, Mr. Gural is laying out big dollars.
Agree. However, there is no way he is not making money on the facility as a whole when you factor in the sportsbook.
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My guess is you are correct. Add in the cost of racing, track personnel, electricity etc, Mr. Gural is laying out big dollar
He said it to me himself. He hopes it does tomorrow. That horsemen are indoctrinated welfare recipients now and expect the free ride. Every time a purse account is juiced by subsidy or handouts it's no different than an EBT card being topped off. Simple facts.
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Who/which group will be in charge of the meadowlands when this occurs?
I have no idea who, or when. Other than a guess, neither does anyone else.
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Settlemoire is pulling down 500k to 750K easy
ngc3
That's hilarious.
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Jeff Gural went above and beyond creating the rebirth of the Meadowlands. As far as I’m concerned, whatever he wants to pay himself or his employees is totally up to him it’s his show and we’re thankful of what he created.
The peanut eaters like SCM whom are always critical of Jeff are just showing there’s true colors most likely liberals that are too busy ogling Biden‘s farts.
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Jeff Gural went above and beyond creating the rebirth of the Meadowlands. As far as I’m concerned, whatever he wants to pay himself or his employees is totally up to him it’s his show and we’re thankful of what he created.
The peanut eaters like SCM whom are always critical of Jeff are just showing there’s true colors most likely liberals that are too busy ogling Biden‘s farts.
I'm not critical of Jeff stupid. Even he is fed up with people like you that he has to support. What you people do to him is no different than walking up to him and picking his pockets. Pathetic, he should claim all of you as dependents ngc3
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Rudy Giuliani had people like you figured out. Make them get real jobs. ngc3
(https://iili.io/JpviT8b.md.png)
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Horsemen have no people taking other people's money. Then trashing who they took it from .
This is rich, I seen to recall you doing this to numerous people.
Not to mention the welfare you get, the no job ever, Meadowlands doesn't even want you around- not to mention Hanover
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This is rich, I seen to recall you doing this to numerous people.
Not to mention the welfare you get, the no job ever, Meadowlands doesn't even want you around- not to mention Hanover
Uh huh. An entire industry living off welfare. Do I look like I care who doesn't "want me around"? ngc3 And where did you come up with Hanover? You're more demented than the guy who shit his pants two days ago and his wife had to walk him to the potty. ngc3 ngc3 ngc3
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I'm not critical of Jeff stupid. Even he is fed up with people like you that he has to support. What you people do to him is no different than walking up to him and picking his pockets. Pathetic, he should claim all of you as dependents ngc3
What a dumb fucking statement that was peanut eater. By the way, Mike why do you have so many aliases fucking loser?
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Rudy Giuliani had people like you figured out. Make them get real jobs. ngc3
(https://iili.io/JpviT8b.md.png)
You mean the same Rudy Giuliani that took down the mob? Dumb motherfucker got rid of the mob now look what you have… fucking soul city gone wild DUMMY! Aren’t you due to get back to Goshen peanut eater? Speaking of peanuts it’s too bad you never got to eat the peanuts out of Edita’s azzzz like you wanted too…
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You mean the same Rudy Giuliani that took down the mob? Dumb motherfucker got rid of the mob now look what you have… fucking soul city gone wild DUMMY! Aren’t you due to get back to Goshen peanut eater? Speaking of peanuts it’s too bad you never got to eat the peanuts out of Edita’s azzzz like you wanted too…
Can't quite focus can you. Rudy wanted to rid the city of mooches like you people in harness racing who continue to take from others to avoid having to work like decent people do. Not abuse and kill horses "MF Training Center and Equine Elimination Services" while the states and taxpayers pay for it. Ya know, welfare recipients. And didn't you say you met her? Didn't you say you spoke with her? Right. Another delusion. Drives you nuts that as hard as cretins like you try, not once have you stopped me or been correct. Now I just stand over the top of you and laugh. ngc3
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I am glad Gural took over the Meadowlands. Was his motive to make a profit? Absolutely. He's supposed to want that. I hoped from moment one he made a profit. Huge profits. Was another motive to get a casino? Absolutely. I am glad one of his motives was to get a casino. It's supposed to be one of his motives. I hope he gets it and I hope he's that casino is the only game in town for a substantial period of time. I hope he's wildly successful, beyond anyone's imagination. Why? Because he is the only owner/operator in the sport and in the industry that will allocate dollars back into the racing side of the business. Rooney didn't. Stronach for the most part didn't. Delaware North, Penn Gaming, and all the others didn't. What about the casino companies? Every single one of them, once they could decouple, they would be out of the racing business before you could even blink. I've made my living at the Meadowlands since they day they opened, owning horses and betting on them. For selfish reasons, I want to see Gural succeed. As a lifelong owner, and fan of the sport, and of the industry, I want to see Gural succeed. I only wish he was 30 years younger.
Do I have any problem with
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I am glad Gural took over the Meadowlands. Was his motive to make a profit? Absolutely. He's supposed to want that. I hoped from moment one he made a profit. Huge profits. Was another motive to get a casino? Absolutely. I am glad one of his motives was to get a casino. It's supposed to be one of his motives. I hope he gets it and I hope he's that casino is the only game in town for a substantial period of time. I hope he's wildly successful, beyond anyone's imagination. Why? Because he is the only owner/operator in the sport and in the industry that will allocate dollars back into the racing side of the business. Rooney didn't. Stronach for the most part didn't. Delaware North, Penn Gaming, and all the others didn't. What about the casino companies? Every single one of them, once they could decouple, they would be out of the racing business before you could even blink. I've made my living at the Meadowlands since they day they opened, owning horses and betting on them. For selfish reasons, I want to see Gural succeed. As a lifelong owner, and fan of the sport, and of the industry, I want to see Gural succeed. I only wish he was 30 years younger. He has also done more than any other owner/operator in the industry in the fight against cheaters.
Do I have any problem with Gural? Absolutely. I had hoped he'd be more strict with banning people. I still hope he will. No one is bigger than the business. No one is bigger than the sport. Throw out every cheater. The pain in the short-term will be brief, and it will avoid the suffering and the damage in the long-term. Gural should be more transparent with who he throws out and why, and more importantly, who he doesn't throw out and why. When the buck, the BS, and everything stops at your desk, you are always going to get bloody, and you are never going to please everyone.
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I am glad Gural took over the Meadowlands. Was his motive to make a profit? Absolutely. He's supposed to want that. I hoped from moment one he made a profit. Huge profits. Was another motive to get a casino? Absolutely. I am glad one of his motives was to get a casino. It's supposed to be one of his motives. I hope he gets it and I hope he's that casino is the only game in town for a substantial period of time. I hope he's wildly successful, beyond anyone's imagination. Why? Because he is the only owner/operator in the sport and in the industry that will allocate dollars back into the racing side of the business. Rooney didn't. Stronach for the most part didn't. Delaware North, Penn Gaming, and all the others didn't. What about the casino companies? Every single one of them, once they could decouple, they would be out of the racing business before you could even blink. I've made my living at the Meadowlands since they day they opened, owning horses and betting on them. For selfish reasons, I want to see Gural succeed. As a lifelong owner, and fan of the sport, and of the industry, I want to see Gural succeed. I only wish he was 30 years younger.
Do I have any problem with
Huh?
the state of New Jersey subsidizes purses-Gural pays nothing to purses
unless you are referring to him being an owner
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In compliance with the state purse subsidy agreement, the Meadowlands receives $6 million a year for overnight purses, only. Racing 92 days this year gives you about
$65,000 a night on a common 14 race card.
The 3.5 million in total wagering equates to about $92,000 a night . So, the overnight purses distributed on a 14 race card is about $11.500.00 a race.
Now these figures don't include rebates of off track wagers. I have no clue as to what they may be.
Accepting these figures as true or close to true, I don't doubt there are many Jeffery dollars in the purses. Be it overnights or stake races.
You are drastically under estimating how much of the handle gets rebated
over half of his handle is CAW -rebated at at least 8-10% or more
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You are drastically under estimating how much of the handle gets rebated
over half of his handle is CAW -rebated at at least 8-10% or more
Walk in any paddock and ask horsemen how much of a handle the track actually keeps and 80% will say all of it.
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You are drastically under estimating how much of the handle gets rebated
over half of his handle is CAW -rebated at at least 8-10% or more
As I say , I have know idea what the rebate figures are. So, what do you believe is a more realistic figure for a bottom line % of off track handle to purses?
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As I say , I have know idea what the rebate figures are. So, what do you believe is a more realistic figure for a bottom line % of off track handle to purses?
good question
if the rebate is around 10% and half his $3.5 mil is rebated--thats about $175k a night goes back to CAWs
all rough estimates of course-its probably more than half his handle is CAW
the 10% rebate numper i am fairly sure is close to reality
on track live handle is less than $50k-but i could easily be wrong-havent been there in 9 years
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The Meadowlands Racetrack is the gold standard of harness racing and has always been. Thx to Jeff Gural for his incredible contribution to keep this Mecca facility in business.
The show that this track puts on every fri and sat night is2nd to no others.
Great live handicappers on set, horseman interviews in paddock.
It will be a sad day for harness racing and its remaining fans when Jeff G decides to no longer support this amazing racetrack.
Stop the hating and all the trying to figure out his motivations and start appreciating what the Meadowlands has always represented, simply the best, always has been.
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The Meadowlands Racetrack is the gold standard of harness racing and has always been. Thx to Jeff Gural for his incredible contribution to keep this Mecca facility in business.
The show that this track puts on every fri and sat night is2nd to no others.
Great live handicappers on set, horseman interviews in paddock.
It will be a sad day for harness racing and its remaining fans when Jeff G decides to no longer support this amazing racetrack.
Stop the hating and all the trying to figure out his motivations and start appreciating what the Meadowlands has always represented, simply the best, always has been.
Times have changed--other than stakes season-the place is a joke
as far as Gural--he thought he would get a casino-plain and simple-and it wont happen
so he gets credit for "contributions" when the state of NJ gives him $6 million a year for purses
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You are drastically under estimating how much of the handle gets rebated
over half of his handle is CAW -rebated at at least 8-10% or more
Can you tell us how you know over half the handle is CAWs?
Through all the comprehensive reporting in the thoroughbreds, nothing was found to be at that percentage, even considering the largest ones
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Can you tell us how you know over half the handle is CAWs?
Through all the comprehensive reporting in the thoroughbreds, nothing was found to be at that percentage, even considering the largest ones
look up how much DelMar and Santa Anita handle from Elite Turf Club
its more than half their handle
the entire industry is around 50% handle from CAWS--why would M1 be any different?
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https://www.google.com/search?q=About+https://www.horseraceinsider.com/computer-assited-wagering-and-rebates-will-put-an-end-to-horse-racing/&tbm=ilp&sa=X&ved=2ahUKEwiwjbGPvM-GAxX5NlkFHd7VDaUQv5AHegQIABAC
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look up how much DelMar and Santa Anita handle from Elite Turf Club
its more than half their handle
the entire industry is around 50% handle from CAWS--why would M1 be any different?
So you have no first hand knowledge? Your over 50% number at the meadowlands is based on what Elite players do on t-breds? I was hoping for facts. Not conjecure. . Elite CAWs aren't at the meadowlands. Also, there has never been publicly accessing information made available that shows the average is over 50%. If you have that source please share.
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I am glad Gural took over the Meadowlands. Was his motive to make a profit? Absolutely. He's supposed to want that. I hoped from moment one he made a profit. Huge profits. Was another motive to get a casino? Absolutely. I am glad one of his motives was to get a casino. It's supposed to be one of his motives. I hope he gets it and I hope he's that casino is the only game in town for a substantial period of time. I hope he's wildly successful, beyond anyone's imagination. Why? Because he is the only owner/operator in the sport and in the industry that will allocate dollars back into the racing side of the business. Rooney didn't. Stronach for the most part didn't. Delaware North, Penn Gaming, and all the others didn't. What about the casino companies? Every single one of them, once they could decouple, they would be out of the racing business before you could even blink. I've made my living at the Meadowlands since they day they opened, owning horses and betting on them. For selfish reasons, I want to see Gural succeed. As a lifelong owner, and fan of the sport, and of the industry, I want to see Gural succeed. I only wish he was 30 years younger.
Do I have any problem with
well said
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So you have no first hand knowledge? Your over 50% number at the meadowlands is based on what Elite players do on t-breds? I was hoping for facts. Not conjecure. . Elite CAWs aren't at the meadowlands. Also, there has never been publicly accessing information made available that shows the average is over 50%. If you have that source please share.
There is FAR LESS public money bet on harness racing than t-breds. Easily possible that the CAW players make up a larger percentage of the pools in harness racing. The only real money left betting harness racing is insiders (trainers/drivers/owners) and CAW. THERE IS NO PUBLIC.
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There is FAR LESS public money bet on harness racing than t-breds. Easily possible that the CAW players make up a larger percentage of the pools in harness racing. The only real money left betting harness racing is insiders (trainers/drivers/owners) and CAW. THERE IS NO PUBLIC.
CAWs feed in pools large enough to make their model successful. That eliminates nearly all harness tracks right there. I believe that they are well established at meadowlands harness. But I don't believe that over 50% of the pools are their money. If anyone has facts that say otherwise, I'd love to hear about it.
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"We have a whole lot of entertainment going on here at The Meadowlands,” said track Chief Operating Officer and General Manager Jason Settlemoir. “The temperatures are heading toward 90 degrees this weekend, and The Meadowlands failed to top $3 million in handle either night last week."
“We offer a safe, beautiful place where patrons can gather inside or out, with the world’s greatest harness racing except for this Saturday when the real drivers will be up at Mohawk, and the No. 1 sportsbook in North America. That combination turns The Meadowlands into such a unique venue, one that appeals to a remarkably small demographic. We prefer to call them degenerate gamblers."
Meadowlands media relations
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and every year more of the "degenerate harness gamblers" pass away and the younger generation has no interest. Their customer base will continue to get smaller and smaller.
Where would their handle be without CAW? Will they say?
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"All of us at The Meadowlands are grateful to be able to say business is up over last year,” said Big M Chief Operating Officer and General Manager Jason Settlemoir. “Unfortunately the month of June has not been so great. For the 4th card in a row the Meadowlands failed to reach $3 million in total handle."
All-source handle on the 14-race card totaled $2,512,302.
By contrast the all source handle on the 13-race Woodbine Mohawk card was $4,578,179
Meadowlands media relations
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"All of us at The Meadowlands are grateful to be able to say business is up over last year,” said Big M Chief Operating Officer and General Manager Jason Settlemoir. “Unfortunately the month of June has not been so great. For the 4th card in a row the Meadowlands failed to reach $3 million in total handle."
All-source handle on the 14-race card totaled $2,512,302.
By contrast the all source handle on the 13-race Woodbine Mohawk card was $4,578,179
Meadowlands media relations
Quality races at Woodbine and Amateur shit at Meadowlands.
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Quality races at Woodbine and Amateur shit at Meadowlands.
This is what happens when your industry lives off "subsidies" in some form. Without being assholes, take a step back and really look at the state of harness racing in NJ. Freehold has been hanging by a thread for years. Now the sportsbook everyone was complaining they aren't seeing a cut from us leaving. Shocker. You have and SBOANJ who does nothing to ask for improvements to the facility. Refuses to allow the race secretary to write races to favor NJ horsemen. And is begging for 100 million in more welfare from the state. Then The Meadowlands handle slide is continuing. Fueled by Weiner dogs, corn on the cob and drag queens. You don't think the people who have your lives in their hands know three steps down the line and aren't protecting themselves first? Wake up.
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I truly wish there wasn’t so much negativity regarding harness racing. However the so called leaders of the sport have no one to blame but themselves. Similar to baseball where everyone from the MLB commissioner down knew for decades about steroid use but did almost nothing. In harness racing everyone from the USTA down saw the drugs taking over. The drivers, trainers, grooms everyone knew but very few said a thing. Only Jeff Gural put his financial ass on the line and exposed all the cheaters. And what has this gotten him…very little in return. When I was younger I could accept an occasional suspicious drive by those trying to cash bets. But this drugging epidemic was too much for me and thousands of ex-owners and fans. The sport is on life support and nothing but its demise is in the future. And for all of you Gural naysayers will eventually get what you desire…no Gural and a great new amusement park where the once proud Meadowlands once stood.
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Only Jeff Gural put his financial ass on the line and exposed all the cheaters. a great new amusement park where the once proud Meadowlands once stood.
He didn't expose all the cheaters. Only exposed the ones he didn't like OR couldn't beat. He has hired cheaters for his own horses. That's not OK.
Maybe car racing or condos. No amusement park. ;D
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I truly wish there wasn’t so much negativity regarding harness racing. However the so called leaders of the sport have no one to blame but themselves. Similar to baseball where everyone from the MLB commissioner down knew for decades about steroid use but did almost nothing. In harness racing everyone from the USTA down saw the drugs taking over. The drivers, trainers, grooms everyone knew but very few said a thing. Only Jeff Gural put his financial ass on the line and exposed all the cheaters. And what has this gotten him…very little in return. When I was younger I could accept an occasional suspicious drive by those trying to cash bets. But this drugging epidemic was too much for me and thousands of ex-owners and fans. The sport is on life support and nothing but its demise is in the future. And for all of you Gural naysayers will eventually get what you desire…no Gural and a great new amusement park where the once proud Meadowlands once stood.
Two sides to harness racing. The industry which is disgusting. The sport which is amazing. The industry is drugs, abuse and crime. The sport is watching 10 trotters spin off a turn from the fence, feeling them go by and leaving you speechless. Seeing those heads over their gates and doors in the mornings ears up snickering. Mares with their babies just hours after being foaled doing what nature imprinted in them. Maybe if we put more focus on the sport good people would have the power to take back the industry from the scum.
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Sadly it will only return to a sport after the revenue sharing agreements start going away. Right now there is too much money to steal easily because the idiots appointed by the governors don’t bother to do their jobs.