Monmouth Park Launches DFS Site

[andtheyreoff]

Check this out...Monmouth Park is launching their own daily fantasy sports site, with live money.

I guess if you can't beat the anti-sports betting brigade, you might as well try to get around it best you can. I think it's a great idea.

http://www.monmouthpark.com/News.aspx?id=9886

[upthecreek]

Is Score at the Shore Legal?
Yes. Passed by the US Federal Government in 2006, the Unlawful Internet Gambling Enforcement Act included an exemption indicating legality of fantasy sports.

[cj]

How does this help horse racing?

[Redboard]

Originally Posted by cj

How does this help horse racing?

“Play in the unique games at Score at the Shore where you can win cash by acting as a general manager in fantasy football, basketball, hockey, or baseball. It's FUN, it's FREE, and it's LEGAL!”

Probably none, but MTH doesn't get any purse supplements. Maybe the gov is throwing them this bone.

[thespaah]

Originally Posted by cj

How does this help horse racing?

I wonder if there is some kind of "rake' taken by the track which goes to a fund for racing.

[cj]

Originally Posted by thespaah

I wonder if there is some kind of "rake' taken by the track which goes to a fund for racing.

That is what I was wondering, though it is highly debatable if these various forms of welfare actually help the sport at all.

[Canarsie]

Originally Posted by cj

How does this help horse racing?

It probably helps the same person who really holds the EW license.

Disclaimer: This is my OPINION as a poster. I have no facts at this time to substantiate what I wrote.

[onefast99]

Originally Posted by Canarsie

It probably helps the same person who really holds the EW license.

Disclaimer: This is my OPINION as a poster. I have no facts at this time to substantiate what I wrote.

So it was ok for the NJSEA to blow through millions of tax payer dollars, shackle themselves with debt up the you know what by making a bad deal for Giants Stadium(not Metlife they have no stake there)and fleecing the racetracks in the state to where the Governor had to come in and stop the crap and the only way he knew how was by the direction of a panel of "experts" who testified that racing wasn't good for the states budget? Ok tell me why those who took the risk of running the racetracks now can't do what they wish to generate revenues in a state where our elected officials want to keep Atlantic City alive at all costs while every bordering state increases their stake in casinos just to put a stranglehold on NJ!

[thespaah]

Originally Posted by onefast99

So it was ok for the NJSEA to blow through millions of tax payer dollars, shackle themselves with debt up the you know what by making a bad deal for Giants Stadium(not Metlife they have no stake there)and fleecing the racetracks in the state to where the Governor had to come in and stop the crap and the only way he knew how was by the direction of a panel of "experts" who testified that racing wasn't good for the states budget? Ok tell me why those who took the risk of running the racetracks now can't do what they wish to generate revenues in a state where our elected officials want to keep Atlantic City alive at all costs while every bordering state increases their stake in casinos just to put a stranglehold on NJ!

When racing became non profitable, the NJSEA should have pulled the trigger and sold off Monmouth and Meadowlands. That was 20 years ago..
As far as AC is concerned, the south Jersey politician's obsession with this place is a mystery.
Ac is getting killed by PA, DE, MD, CT casinos. There is nothing on the horizon that indicates this course will be reversed. In fact, with a casino now under construction near Monticello, NY, any business AC may get from northern NJ will no longer be available.
Now, I see what others are alluding to when they say casinos are not good for racing.

[Canarsie]

Originally Posted by onefast99

So it was ok for the NJSEA to blow through millions of tax payer dollars, shackle themselves with debt up the you know what by making a bad deal for Giants Stadium(not Metlife they have no stake there)and fleecing the racetracks in the state to where the Governor had to come in and stop the crap and the only way he knew how was by the direction of a panel of "experts" who testified that racing wasn't good for the states budget? Ok tell me why those who took the risk of running the racetracks now can't do what they wish to generate revenues in a state where our elected officials want to keep Atlantic City alive at all costs while every bordering state increases their stake in casinos just to put a stranglehold on NJ!

I didn't state my opposition to it did I? It just seems this one person has his hand in the cookie jar on everything that a profit can be made on. If that money was returned to the people of the state of NJ (yes that includes you and I) I still have their email yet there were no negative posts made by me on the subject when I read it.


I still haven't seen one piece of evidence how much money he has PERSONALLY invested. You keep on telling me about RISK yet can't show me one dollar of his personal fortune he put on the table.

You slammed the NJSEA (and rightfully so) yet who was on the board wasting MILLIONS of dollars? I hold him personally responsible along with every other board member. Please show me some comments where he showed INITIAL opposition to the MILLIONS of dollars being plundered.

As far as taking the risk the last time I looked the name Gural keeps on popping up. While he had his partners he put up at least ten to fifteen million of his own money FOR HORSE RACING not to be put in his pocket immediately. The people of the state of NJ know who he is and what he stands for!!! He also said no thanks (his right) to fantasy sports at this time. I'm sure he could of set up some kind of DUMMY company and reap the profits. I don't know what his status is with exchange wagering so I can't comment on that.

The bottom line is the Meadowlands is operated like a public entity where the public can see what is going on to a degree. Meanwhile getting info out of MP is almost like getting state secrets out of the KREMLIN. (ok I might be exaggerating quite a bit on that one)

I'm sure there are people involved with MP who read this board every day but won't register or comment. I'm willing to debate them here or in any forum they may choose. Once again there will be silence from their side why should they want to keep the public and their patrons (yes that includes you and I) informed on the progress and path they have constructed.

Heck I wrote an open public letter to Stephen Burn who at that time was the top ranked executive of Betfair in the United States. He was cordial enough to let me interview him most of the questions (they were so good thanks to many P.A. MEMBERS the interview lasted almost two hours) came from RIGHT HERE. I would never expect anyone from MP give any person on this board an interview on exactly what their plans are, present and future. Of course they have no moral obligation to do so but they might be seen in a better light if they did.

You don't so good when you tell people that SW will be done on paper betting slips when they first open. In fact it looks quite like amateur hour. Yet in CLOSING one company will make out like a bandit once the first slip betting is taken. You can surely BET the NJ horsemen won't be first in LINE.

[onefast99]

Originally Posted by Canarsie

I didn't state my opposition to it did I? It just seems this one person has his hand in the cookie jar on everything that a profit can be made on. If that money was returned to the people of the state of NJ (yes that includes you and I) I still have their email yet there were no negative posts made by me on the subject when I read it.


I still haven't seen one piece of evidence how much money he has PERSONALLY invested. You keep on telling me about RISK yet can't show me one dollar of his personal fortune he put on the table.

You slammed the NJSEA (and rightfully so) yet who was on the board wasting MILLIONS of dollars? I hold him personally responsible along with every other board member. Please show me some comments where he showed INITIAL opposition to the MILLIONS of dollars being plundered.

As far as taking the risk the last time I looked the name Gural keeps on popping up. While he had his partners he put up at least ten to fifteen million of his own money FOR HORSE RACING not to be put in his pocket immediately. The people of the state of NJ know who he is and what he stands for!!! He also said no thanks (his right) to fantasy sports at this time. I'm sure he could of set up some kind of DUMMY company and reap the profits. I don't know what his status is with exchange wagering so I can't comment on that.

The bottom line is the Meadowlands is operated like a public entity where the public can see what is going on to a degree. Meanwhile getting info out of MP is almost like getting state secrets out of the KREMLIN. (ok I might be exaggerating quite a bit on that one)

I'm sure there are people involved with MP who read this board every day but won't register or comment. I'm willing to debate them here or in any forum they may choose. Once again there will be silence from their side why should they want to keep the public and their patrons (yes that includes you and I) informed on the progress and path they have constructed.

Heck I wrote an open public letter to Stephen Burn who at that time was the top ranked executive of Betfair in the United States. He was cordial enough to let me interview him most of the questions (they were so good thanks to many P.A. MEMBERS the interview lasted almost two hours) came from RIGHT HERE. I would never expect anyone from MP give any person on this board an interview on exactly what their plans are, present and future. Of course they have no moral obligation to do so but they might be seen in a better light if they did.

You don't so good when you tell people that SW will be done on paper betting slips when they first open. In fact it looks quite like amateur hour. Yet in CLOSING one company will make out like a bandit once the first slip betting is taken. You can surely BET the NJ horsemen won't be first in LINE.

Here is the bottom line for you, in the event a casino goes into Jersey City or The Meadowlands the horseman will receive 1% of the profits to apply towards purses. That in itself will spell the end to racing for both Gural and Drazins entities.
As far as what MP is planning in the future, a waterpark, a new year round restaurant(completed)a concert venue(on hold until end of 2016)additonal gimmick betting such as the fantasy football site and exchange wagering. MP isn't dormant by any means but it needs a revenue stream to keep the horse racing going because the current group running it as well as the current group running the Meadowlands will stand to lose everything in the event live racing ends in NJ. You bring up lots of good points but sometimes its better to just enjoy the meal and not worry how it was prepared!

[biggestal99]

Originally Posted by onefast99

Here is the bottom line for you, in the event a casino goes into Jersey City or The Meadowlands the horseman will receive 1% of the profits to apply towards purses. That in itself will spell the end to racing for both Gural and Drazins entities.

I heard 2% but I think your point is valid.

Allan

[The Hawk]

Originally Posted by onefast99

Here is the bottom line for you, in the event a casino goes into Jersey City or The Meadowlands the horseman will receive 1% of the profits to apply towards purses. That in itself will spell the end to racing for both Gural and Drazins entities.

I don't understand OneFast, why would that spell the end of racing? Are you saying it's not enough? Wouldn't the profits just be a supplement to the purse accounts?

[onefast99]

Originally Posted by The Hawk

I don't understand OneFast, why would that spell the end of racing? Are you saying it's not enough? Wouldn't the profits just be a supplement to the purse accounts?

The 1% is a joke it will not do anything for racing. The problem right now is both tracks need a revenue stream to be able to compete(the Big M not as much)the opening of the new Favorites in Hillsborough NJ by Drazins group as well as the Favorites in Bayonne only take away from the Woodbridge location run by Drazins group(part of the MP takeover package).

[onefast99]

Originally Posted by biggestal99

I heard 2% but I think your point is valid.

Allan

1% per as of right now.