$20 Million purse supplement fully restored in NJ

[Pacer 2]

$20 Million purse supplement fully restored in NJ
The Standardbred Breeders and Owners Association of New Jersey is thrilled to announce the full restoration of the $20 million horse racing purse supplement in the newly adopted FY2026 state budget, a major win for harness racing and the entire equine industry in New Jersey.   

[Kirby's Ace]

Thank you, Mark Ford!

Never can get too much welfare money!

Someone we know must be having a coronary!

 

[rainman2]

Just curious--how come the meadowlands didn't get the freehold supplement?

From what was said here, weren't there rumors about this happening??

[Papillon]

Just curious--how come the meadowlands didn't get the freehold supplement?

From what was said here, weren't there rumors about this happening??

Gural did get the freehold supplement

Monmouth gets $10mil and Gural gets $10mil

[wizardofoz]

No he does not. A $1.6 million taxpayer subsidy will be transferred from the recently closed Freehold Raceway in Monmouth County to the Meadowlands Racetrack in East Rutherford, NJ. Gov. Phil Murphy recently signed a bill approving the move. $7.6 million is Gural's new total.......the original agreement:  All of the funds allocated to the thoroughbred industry will be allocated to Monmouth Park overnight purses. Of the funds allocated to the standardbred industry, 60 percent will be allocated to Meadowlands overnight purses, 16 percent to Freehold overnight purses, 12 percent to the New Jersey Sire Stakes purses, 6 percent to purse bonuses for New Jersey sired horses, and 6 percent for breeders awards purses.

[Pacer 2]

No he does not. A $1.6 million taxpayer subsidy will be transferred from the recently closed Freehold Raceway in Monmouth County to the Meadowlands Racetrack in East Rutherford, NJ. Gov. Phil Murphy recently signed a bill approving the move. $7.6 million is Gural's new total.......the original agreement:  All of the funds allocated to the thoroughbred industry will be allocated to Monmouth Park overnight purses. Of the funds allocated to the standardbred industry, 60 percent will be allocated to Meadowlands overnight purses, 16 percent to Freehold overnight purses, 12 percent to the New Jersey Sire Stakes purses, 6 percent to purse bonuses for New Jersey sired horses, and 6 percent for breeders awards purses.

      My experience has been that Papillon is ALWAYS wrong so I'll take your word over his 8 days a week!

[Bernie Madoff]

      My experience has been that Papillon is ALWAYS wrong so I'll take your word over his 8 days a week!

 

[Papillon]

No he does not. A $1.6 million taxpayer subsidy will be transferred from the recently closed Freehold Raceway in Monmouth County to the Meadowlands Racetrack in East Rutherford, NJ. Gov. Phil Murphy recently signed a bill approving the move. $7.6 million is Gural's new total.......the original agreement:  All of the funds allocated to the thoroughbred industry will be allocated to Monmouth Park overnight purses. Of the funds allocated to the standardbred industry, 60 percent will be allocated to Meadowlands overnight purses, 16 percent to Freehold overnight purses, 12 percent to the New Jersey Sire Stakes purses, 6 percent to purse bonuses for New Jersey sired horses, and 6 percent for breeders awards purses.

please explain how freehold gets 16% of the harness subsidy when they shut down?

your report is from September 2024

https://www.njspotlightnews.org/2024/09/nj-horse-racing-subsidies-get-gov-phil-murphy-go-ahead-but-no-guarantees/

12% goes to NJSS purses--so that essentially goes to Gural's purse account

6% bonus for NJ sired horses--which is for harness racing

6% bonus for NJ sired horses--which is for harness racing also

PACER 2 is just a meaningless troll

Madoff is just an asshole

https://www.drf.com/news/meadowlands-freeholds-16-million-state-funds-approved-big-m-use

[pocketrocketwinner]

Complete and total confidence that Ford's spreadsheets will figure all this out