FanDuel's operations at the Meadowlands consistently generate the majority of New Jersey's sports betting revenue. However, specific "profits" for the Meadowlands Racetrack are complex, as a percentage of the revenue is used to cover the racetrack's operational losses and contribute to horse racing purses, rather than being pure profit for the track itself.
Meadowlands/FanDuel Revenue Snapshot (NJ)
Overall Market Dominance: FanDuel, which operates online and a physical sportsbook through the Meadowlands' New Jersey license, is the leading operator in the state's highly competitive market.
Monthly Performance: In January 2024, the Meadowlands (with its three online partners including FanDuel) set a record by surpassing $100 million in monthly revenue.
Annual Revenue (2023): Profits (revenue) for the entire Meadowlands operation from sports betting surpassed $458 million for the year 2023.
Retail vs. Online: The vast majority of revenue comes from online sports betting. For example, in December 2023, online revenue for the Meadowlands was $49.3 million, while the physical (retail) location contributed around $1.8 million.
Racetrack Allocation of Revenue
The financial arrangement is critical to understanding "profits at the Meadowlands":
In 2024, $2.5 million from sports betting revenue was added directly to the horse racing purse account.
An additional $11.5 million was used to cover the operating losses of the racetrack for the year.
Therefore, while the FanDuel-powered operation is a massive revenue generator in New Jersey, the Meadowlands Racetrack itself uses a significant portion of this income to subsidize its horseracing operations, not generating a direct "profit" for the track as a standalone business in the traditional sense.

Gural is on record that the doors are closing if they dont get the casino

They could do 4 million a night every night. They would still close.

He has no meaningful handle on imported signals. The vast majority of the live handle is from adw retail accounts and CAWs.

The current business model doesnt work. Apparently even with the sports business.

The true description of it would be whatever the polar opposite of "thriving" is

Fanduel profits about 300 million a year at the Meadowlands. Best estimates are Gural gets 15% about 45 million a year. He’s making money even with the expense of the racing. Fanduel can exist without racing at the Meadowlands but racing is just a write off on Gural’s tax bill. His threat of closing the track without a casino is just a threat.

Current record.....18-16
OH look,me floatin above 500.
Tonights games.

FLORIDA A+M/GEORGIA.....Under 170.5
GEORGIA good,but if this goes over 170.5,I will go to a bait shop and get me nightcrawers and roast them and attempt to swallow the mess.
OAKLAND.....+13.5
Me thinks they can cover. But me prayers that BALLOOONHEAD has a massive HART-O-TAC at one of his blabbering DAiley shitshows at WHITE HOUSE has not worked out yet.
OREGON STATE/OREGON.....Over 140.5
2 teams I do not like. Both play like SHIT. Slow and methodotical. Puts one to sleep. Glad the SHITSHOW don't come on till 9PM by me. Havin said that: the score most likly will be 65-60.

Current rscord.....17-39
What a SHITSHOW.
We will play tonight. Should hit 40 losses. TOO bad me ain't young and playin. Although I never played footsie ball. I'd be throwin games to make some MOOLA.
Tonights game.

COWBOY'S.....-3.5

Beau Jangles should be horse of the year period. He has put together an undefeated 2yo season. He won the 2 biggest races for 2yos. He took on all the up and comers from around the country.

Yo Tillie didnt race in the Hambo Oaks and they didnt supplement her to the Futurity and she lost that start to Delaney Hanover...sure only one loss but she missed the 2 of the 3 biggest races of the year

The only true case is Miki and Minnie especially because she beat aged mares going away in her last start. 2 losses and again she skipped KY and that could make a difference

Lexus Kody didnt win the BC so its a nada on him as HOY