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Charlie D
11-22-2010, 01:33 PM
The consolidation of Thoroughbred racing at Monmouth Park this year led to a $123 million increase in total pari-mutuel handle despite 50% fewer racing dates, New Jersey Sports and Exposition Authority officials said Nov. 21.





http://www.bloodhorse.com/horse-racing/articles/60015/jersey-handle-up-123m-with-50-fewer-dates

ihatenyra
11-22-2010, 01:38 PM
Still lost $6 mill? :eek:

Not surprising considering that number came from the commission that wants to sell.

Tom
11-22-2010, 02:01 PM
If they really did lose 6 mil, what is the point of re-opening next year?
What will be different that will make them earn a profit?

The Hawk
11-22-2010, 02:57 PM
If they really did lose 6 mil, what is the point of re-opening next year?
What will be different that will make them earn a profit?

You answered your own question with the first seven words of your post.

Tom
11-22-2010, 03:42 PM
They didn't lose it?

JustRalph
11-22-2010, 06:10 PM
don't worry Tommy, they will make it up in less volume ....... just like last year

onefast99
11-23-2010, 10:59 AM
They didn't lose it?
The supplemental report states that neither the New Jersey Sports and Exposition Authority (NJSEA), which owns and operates the Meadowlands in East Rutherford and Monmouth Park in Oceanport, nor New Jersey taxpayers have the wherewithal to support two money-losing racetrack operations. The report projects that Monmouth Park will lose approximately $6.6 million and the Meadowlands Racetrack will lose $11 million this year.

It is a projection not an accurate figure, the NJSEA who runs MP hasn't finished the numbers since the track just closed for live racing on Sunday November 21st, 2010.