Meadowlands handle fails to top $3 million

[Grandstand Handicapper]

https://nypost.com/2025/03/30/us-news/mets-owner-steve-cohens-8b-casino-project-near-citi-field-gets-big-boost-from-lawmaker-with-bill-to-build-on-parkland/

While downstate casinos won't overcome NIMBY, I think the NJ politicians will certainly be watching and listening. There is a tipping point. At some point, the AC casinos and their lobbyists will simply not have enough money and clout to overcome what a casino, or three, would generate in revenue, economic benefit (vis a vis jobs pre, during, and post, labor, etc.), and tax dollars, outside of AC.

Remember, when the question is asked: Do you oppose casinos outside AC? You are going to get overwhelmingly no responses. However, when Eagleton, POS, etc., did their focus groups and polls, and they asked the question: Do you oppose a casino at the Meadowlands? The answers were very different. Nobody lives at the Meadowlands. Those who live nearby, East Rutherford, Rutherford, Moonachie, and so on-----they are not worried about their town turning into AC. AC, outside the casino, boardwalk, etc., never got better. Moonachie ain't getting worse. LOL.

I say within 15 years. If Vegas is taking odds, I would bet it. I'd also bet smaller on 10 years, and I might throw away money for approval in 5. LOL.

[stanetelman]

Friday 3/21 handle
$2,645,674
11 out of 22 cards handling over $3 million
$867,374 below break even point

Saturday 3/22 handle
$3,208, 633
12 out of 23 cards handling over $3 million
$658,741 below break even point

Friday 3/28 handle
$2,695,318
12 out of 24 cards handling over $3 million
$963,423 below break even point

Saturday 3/29 handle
$3,205,187
13 out of 25 cards handling over $3 million
$758,236 below break even point

[Late to the Paddock]

Here's an article from the NY Post regarding possible development at the Meadowlands sports complex down the road from the track. The plan is convention center and hotel. Could this lead to casino as well??? That is the question.

https://nypost.com/2025/03/30/us-news/meadowlands-arena-has-has-surprising-uses-since-it-closed-10-years-ago-including-to-film-walking-dead-but-it-may-soon-be-gone-for-good/

[Grandstand Handicapper]

Here's an article from the NY Post regarding possible development at the Meadowlands sports complex down the road from the track. The plan is convention center and hotel. Could this lead to casino as well??? That is the question.

https://nypost.com/2025/03/30/us-news/meadowlands-arena-has-has-surprising-uses-since-it-closed-10-years-ago-including-to-film-walking-dead-but-it-may-soon-be-gone-for-good/

There's a lot of land there, LOL. There's more too, not just the old arena, but all over the complex. There was a plan floated to do something where the old grandstand used to be, relocate the paddock, and then you have that entire side of the track-----hospitality, retail, commercial, whatever. Sure, some of it probably isn't a good idea, but you never know.....and yes, there's space for a casino, LOL, maybe in 15 years, LOL. That American Dream mall is a problematic scenario, and the recent lawsuit can have some very serious ramifications throughout Bergen County. Too bad the only team in town is the Jets and Giants. Although the arena was a $hitshow from day one, you had the Jets/Giants, Devils, and Nets, and the economics made sense, but the facilities didn't. Too bad.

[Papillon]

Here's an article from the NY Post regarding possible development at the Meadowlands sports complex down the road from the track. The plan is convention center and hotel. Could this lead to casino as well??? That is the question.

https://nypost.com/2025/03/30/us-news/meadowlands-arena-has-has-surprising-uses-since-it-closed-10-years-ago-including-to-film-walking-dead-but-it-may-soon-be-gone-for-good/

still dreaming I see

[stanetelman]

Friday 3/28 handle
$2,695,318
12 out of 24 cards handling over $3 million
$963,423 below break even point

Saturday 3/29 handle
$3,205,187
13 out of 25 cards handling over $3 million
$758,236 below break even point

Friday 4/4 handle
$2,863,013
13 out of 26 cards handling over $3 million
$895,223 below break even point

Saturday 4/5 handle
$3,187,118
14 out of 27 cards handling over $3 million
$708,105 below break even point

[stanetelman]

Friday 4/4 handle
$2,863,013
13 out of 26 cards handling over $3 million
$895,223 below break even point

Saturday 4/5 handle
$3,187,118
14 out of 27 cards handling over $3 million
$708,105 below break even point

Friday 4/11 handle
$2,457,099
14 out of 28 cards handling over $3 million
$1,251,006 below break even point

Saturday 4/12 handle
$2,827,056
14 out of 29 cards handling over $3 million
$1,423,950 below break even point