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Originally Posted by onefast99
The NJSEA turned over the operation to the horsemen in May 2012 after Morris Bailey bailed out. Dennis Drazin and Darby Development along with the horsemen run Favorites in Woodbridge, the new favorites in Hillsborough(opening soon)and MP racetrack. There are several "joint" ventures between Jeff Gural(runs the Meadowlands harness)and Drazin are trying to do but thus far they haven't been successful.
Monmouth Park Racetrack is off and running but operating now under the management of the New Jersey Thoroughbred Horsemen’s Association (NJTHA).
According to Dennis Drazin, NJTHA Advisor, the time had come to privatize the racetrack. “The horsemen stepped up to the plate and they feel very good about the fact that now they control their own destiny,” said Drazin. “There’s no uncertainty anymore. The horsemen can make this work, we have the vision, we have the where with all, so the state’s out the business and were in charge.”
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With sports betting, exchange wagering , and a concert venue coming on board the horsemen have made sweeping changes to monmouth , thanks to the legislature and some innovative thinking.
Allan
