Quote:
Originally Posted by onefast99
The real question is how do you bridge the gap between now and 2018 revenue wise? Opening the Hillsborough OTW facility diluted the Woodbridge facility. Now a reduction in racing days at Monmouth Park, huge purse cuts and MP is going to survive all of this until the revenue stream appears out of thin air? All while the NJ bred foal crop has become near extinct. Those running the MP ship are in choppy waters right now with no real answers on how to keep racing in NJ competitive let alone surviving.
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Both Hillsborough and Woodbridge are licensed by the New Jersey Thoroughbreds Horsemen's Association. 2015 woodbridge did $67.4 million and 2016 did $60.8 million. Hillsborough did $1.7 million in 2015 when they first opened and $11.2 million in 2016 so combining the two they did better in 2016 but certainly took some steam out of Woodbridge. Still a far cry from 2012 when Woodbridge did $86.8 million. Then again, that was the same year bayonne opened and really hurt them after that.
I agree with you on Monmouth. Cherish it while you can. I havent missed an opening day in 21 years and will be skipping my graduation ceremony here in order to make it. Have to keep my priorities straight.
