Meadowlands and Monmouth Casino?

[JT]

I just read an article from northjersey.com that says there is a plan in the works that first has to be approved by the state legislature and then by the voters as soon as this fall, but more then likely 2026 when a new governor is elected.The state of New Jersey is freaking out because of the possibility of a couple new casinos in Manhattan  or the New York City area. The possibility of profit sharing with the casinos in Atlantic City is also a possibility. I had a hell of a time doing it but here is the article.

https://www.northjersey.com/story/news/business/2025/05/15/casino-at-meadowlands-racetrack-voters-could-decide/83646355007

[Yonkers1A]

This going to be interwesting on how this all plays out. NYC is definitely getting 3 Casinos, it will crush and most likely close Resorts World in Monticello and the track. AC will definitely take a hit and if the Meadowlands gets a Casino, who knows how many other Casinos will close

[BigMFan]

Voters turned this down years ago now New Jersey has been taxed to death. Murphy has run the state into the ground. don’t see voters passing a casino.

[Papillon]

the voters overwhelmingly voted NO on any casinos in the last referendum

to get the legislature to pass this and send it to voters again in 2026 would be virtually impossible...NJ doesn't work that way

Atlantic City has a very strong hold on Trenton--something Gural learned the hard way

I would say maybe 5 years away from another referendum headed to the voters

all of this "NYC casinos will force NJ to react ASAP" is nonsense

NJ doesn't react ASAP to anything-it takes years

[JT]

the voters overwhelmingly voted NO on any casinos in the last referendum

to get the legislature to pass this and send it to voters again in 2026 would be virtually impossible...NJ doesn't work that way

Atlantic City has a very strong hold on Trenton--something Gural learned the hard way

I would say maybe 5 years away from another referendum headed to the voters

all of this "NYC casinos will force NJ to react ASAP" is nonsense

NJ doesn't react ASAP to anything-it takes years

I agree with pretty much everything you said, I just thought it was an interesting read. The fact is with the exception of a few cards a year, The Meadowlands has pretty much become a "B" track. It's sad to see. The quality of horses is poor, the racing product stinks,the on air "talent" sucks, Warkentin is past his prime if he ever had one, the purses are bad, the post drag is horrible, and their promotions director should be fired. Other than that it's great LOL!!

[Papillon]

I agree with pretty much everything you said, I just thought it was an interesting read. The fact is with the exception of a few cards a year, The Meadowlands has pretty much become a "B" track. It's sad to see. The quality of horses is poor, the racing product stinks,the on air "talent" sucks, Warkentin is past his prime if he ever had one, the purses are bad, the post drag is horrible, and their promotions director should be fired. Other than that it's great LOL!!

i agree with everything you said and it is a good read-a little "pie in the sky" however

this will keep up the hopes of Gural getting a casino and the entire harness industry will be saved as most believe

[Grandstand Handicapper]

https://www.northjersey.com/story/news/business/2025/05/15/casino-at-meadowlands-racetrack-voters-could-decide/83646355007/

Interesting.

The referendum has always been the same, and it's never beat what, 30%? For quite some time, the pro-casino outside AC people have always said the problem with the referendum has always been the question-----would you vote for a casino outside AC? To some extent, people say no because of NIMBY. However, Eagleton has done numerous polls that have said if the question was, would you vote for a casino AT/IN the Meadowlands, the result is drastically different, hovering around 50/50. Polls don't lie, but polling companies do, LOL. Nobody "lives" at the Meadowlands, and as far as E. Rutherford goes, who knows.

When Monmouth got approved for VLT's, the casinos were very quick to pay them not get them. Dennis Drazin feels it's a step of progress toward a casino. But, he's wanting a casino too! He's got the right partners. He's already got the sports book, which is expanding. He's got a strong partnership with Ceasars. He's already got fixed-odds. He's partnering and developing Monmouth's footprint/facility. He's younger than Gural! LOL.

With casinos up and down the borders of NJ, and soon to be downstate NY, NYC, Westchester, LI, or wherever they put them.....NJ is simply late to the parade and hasn't wanted to even be invited. I think you'll see a casino outside AC in the next 10 years. At the Meadowlands? I hope so, but who knows.

[jupiter]

Everybody is dreaming, again!!!!! They have tried to put a deal together forever. Too many people want a taste. Jeff has learned all he can do is complain. You have to give him kudos for the fight. Harness racing NJ will never recover, 1 Track, 2 nights a week, with crap horses and drivers. Freehold north but for Stake Season.

[The Exporter]

I don't see the smart money in building the mega casino. The kind built just a few years ago, The trend is in online sports wagering.
Unless your casino is a destination like they would be in NYC, big brick and mortar will struggle.
Also, to attach a 10% tax on the wagering net to support harness racing is also seen its day.

[Grandstand Handicapper]

I don't see the smart money in building the mega casino. The kind built just a few years ago, The trend is in online sports wagering.
Unless your casino is a destination like they would be in NYC, big brick and mortar will struggle.
Also, to attach a 10% tax on the wagering net to support harness racing is also seen its day.

Excellent point. The Revel in AC wasn't a very good deal for the guy who built it. But it could have been an even better deal for the guy who bought it from the guy who built it, LOL. Why pay $5B when you can buy it for $1B. LOL. I guess maybe the new casino model, unless as you said you're a destination attraction, is just like the new racetrack model-----smaller, different offerings for wagering, gambling, and so forth. I just say no chicken races! LOL.

[Stan durbread]

Excellent point. The Revel in AC wasn't a very good deal for the guy who built it. But it could have been an even better deal for the guy who bought it from the guy who built it, LOL. Why pay $5B when you can buy it for $1B. LOL. I guess maybe the new casino model, unless as you said you're a destination attraction, is just like the new racetrack model-----smaller, different offerings for wagering, gambling, and so forth. I just say no chicken races! LOL.

They are only looking for a brick and mortar to get the online casino market. Let the sheep sit at home at lose their retirement. No need to clean up after the slobs

[Papillon]

https://www.cnbc.com/2025/05/19/wynn-resorts-drops-nyc-casino-license-bid.html