Quote:
Originally Posted by jay68802
A quick question, is part of the sports betting going to fund purses at Monmouth or Delaware?
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In Delaware - yes as it's part of the law allowing sports betting. In New Jersey - unknown. It's not part of the law allowing sports betting. Meaning any revenue derived by the tracks is not ear marked for purses. That's the law. Both MED and MTH execs have been very cryptic about this though they both say they'd like to fund purses and increase days if they get revenue. My feeling is that if it's not part of the law, it's probably going to be limited as this is a low margin business to begin with.
