More evidence of thriving

[Kenny]

hey kenny
not sure if you are actually in the business in some capacity or if you just come on here to spew nonsense
but if you are involved i suggest you get out asap , you will fell better

I am a fan/customer. You do understand that horse racing is ENTERTAINMENT and the racing industry has FAILED miserably at offering a product people want to support.  It is time to end the HANDOUTs so the CUSTOMER will be back at the top of the hierarchy. Why should this industry be supported by government handouts?  Why shouldn't that government money be used to lower taxes?

[Kenny]

Saturday, July 11, is the Meadowlands’ signature nighttime event: the Meadowlands Pace! On the track, $2.5 million in stakes is up for grabs, including the top 3-year-old pacers competing for the Meadowlands Pace title. The race card also features (estimated purses):

$300,000 William R. Haughton Open Pace
$400,000 Hambletonian Maturity
$300,000 Stanley Dancer
$300,000 Del Miller Memorial
$200,000 Jerry Silverman Memorial
$175,000 Dorothy Haughton Open Mare Pace

How much of that money came from CUSTOMERS? 

[Kenny]

Didn't the pace purse depend on nominations, stakes payments, continuing payments, starting fees?

The race has always varied in purses over the years.

Ask yourself where that money came from? Purse earnings from other races which are almost all government handouts.

[Kenny]

Manalapan, NJ – On Tuesday night (June 30), Governor Mikie Sherrill signed New Jersey’s FY2027 state budget, a $60.7 billion spending plan that includes a $20 million appropriation for horse racing purses in the Garden State.


The governor’s proposed budget, released in March, had allotted $5 million for purses, a decrease of $15 million from the funding provided in previous years. The State Legislature restored the appropriation to $20 million as part of the budget process.

This annual funding, shared equally between Standardbreds and Thoroughbreds, is part of a second five-year, $100 million reauthorization of the purse appropriation program first established by former Governor Phil Murphy and the legislature in 2018. The program was reauthorized shortly after the initial five-year period concluded in 2023.

An economic impact study in 2024, completed with assistance from the Standardbred Breeders and Owners Association of New Jersey, showed horse racing generated $75 million annually in tax revenue for the state.

The SBOANJ board, along with the state’s Standardbred industry’s political action committee, TrotPAC, and policy partner AMG, met with numerous legislators throughout the budget process as it worked vigorously to help ensure the purse funding was restored to $20 million.

The SBOANJ is grateful for everyone’s hard work and extends its sincere thanks to Governor Sherrill and the State Legislature for their continued support of New Jersey’s racing industry.

In other words GOVERNMENT HANDOUTS. Harness racing should not exist if it cannot support itself.

[Kenny]

An economic impact study in 2024, completed with assistance from the Standardbred Breeders and Owners Association of New Jersey, showed horse racing generated $75 million annually in tax revenue for the state.

Take that same money and spend it on roads bridges and schools and it generates as much or more and it is something people want. Give that money back to the people and it generates as much or more.

The Economic AnswerTo answer the core of your question: infrastructure spending (roads and bridges) generally has a much higher economic multiplier than specialized industries like horse racing.

[ScrapeThePaint]

In other words GOVERNMENT HANDOUTS. Harness racing should not exist if it cannot support itself.

When did the Meadowlands support itself?

[Lockedin with Pace]

How much of that money came from CUSTOMERS?

Several years ago those purses were much higher, the Haughton used to go for $650,000 and the others alot higher too.

[Pacer 2]

And yet today's horses and owners and trainers are making more than ever!

[Harness racer]

Some are.  Most struggle to stay afloat.

[rainman2]

And yet today's horses and owners and trainers are making more than ever!

Define making more than ever?

Which owners?

Which trainers?

[G]

And yet today's horses and owners and trainers are making more than ever!

we are making a lot of money because we know we’re doing. I’ve won multiple championships and know how to win races. There’s plenty of money out there. You just have to know how to get it.

[Sweet]

we are making a lot of money because we know we’re doing. I’ve won multiple championships and know how to win races. There’s plenty of money out there. You just have to know how to get it.

No one named Sakit made a dime in racing 

 

How's that fairy tale zoom call with the governor

[rainman2]

we are making a lot of money because we know we’re doing. I’ve won multiple championships and know how to win races. There’s plenty of money out there. You just have to know how to get it.

Who are we??

[andrew]

Who are we??

nother Q

answer.. pacer, g & scrapedataint

we three

[rainman2]

nother Q

answer.. pacer, g & scrapedataint

we three

Thank you for more gibberish 1 more time!