Quote:
Originally Posted by SuperPickle
What I'm saying is this because I've worked at both a racetrack and on casino astroturfing. The politicians are backing New Jersey residents into a corner to make them decide between a turd sandwich and a giant douche. Basically they have to choose between expanding gambling something they've rejected months ago by a clear margin. Or writing a check nearing $200 million to Jeff Gural. Neither is appealing. As with all these deals the public loses either way.
In terms of Gural of course he'll wait. The best case scenario is he owns a casino. The worst is he gets his money back. I've never been offered an investment opportunity like that. Have you?
But he's turning on Monmouth. Monmouth can't wait. They don't have six years. So if Monmouth magically went away he and his partners along with the state get their cut of the pie. You don't think he's going to Fredo them? You don't think he and his partners are thinking the longer they wait the better the chance Monmouth's problems resolve themselves?
And then there's Monmouth. This whole concept of a horsemen' group running a track? It's madness. The other tracks that are barely staying a float are run by real executives and owners. And Monmouth is run by horsemen. How much longer can that go on?
Honestly if TVG didn't see Monmouth as a chance to gain a foothold in the east coast and exchange wagering it could be dead already.
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I'm sure you realize practically every part of the front office other than an NJSEA board member is in place at Monmouth Park running the facility many of which have numerous years experience in this industry. The horseman are a figurehead group that was named to run the track to appease the Racing commission and allow the build out of the Hillsborough OTW amongst other things. The group has little to no power which is highly documented.
We can agree on many things that is wrong with NJ racing but it isn't dead and I strongly believe it will find its way out of thos turbulent period it is going through just like many other tracks across America today.
