Meadowlands critcally endangered, sulkies could come to Monmouth

[GARY Z]

As crazy as this may sound, why not run the winter harness meet
in New York?

Perhaps there could be a division contest bewteen NY and NJ breds
similar to the American and National league (Yankees/Mets(Dodgers)
and/or Giants vs Jets who now play in New Jersey despite retaining
their NY names and identitites.

With the introduction of a racino at Aqu , Harness racing could be held
at night, or if Yonkers protestested we could get the dream
I've been banging the drum for...Big A runs its thoroughbred meet at night ,harness runs during the day.


This would allow the construction of a new shopping center/mall/
hotel to be placed at the Med site, which will be a guaranteed failure
and make all opponents get their final revenge.


Better yet, once the table games get approved in NY, AC will
be short for all crapped out...

[Stevie Belmont]

Gov. Chris Christie is a complete and total disgrace for what he is doing to the NJ racing industry. It's beyond sad, it's despicable. I talk to employees and horseman there, and they are in limbo. Total devastation.

That's a leader? A destroyer of a culture and an industry. Have you no shame for what you are doing?

[Stillriledup]

Originally Posted by owlet

You guys lament the actions of the State, but what about the fact that neither Meadowlands nor Monthmouth are profitable and can't survive on their own. Christ said so at the beginning of the Mon. meet-THE BUSINESS MODEL IS UNSUSTAINABLE. Blame the governor, blame the casions but he business is UNSUSTINABLE.

Look, you run a steel factory. You can't make money (for whatever reason, competition, changing consumer tastes, etc.). Do you seriously expect someone to hand you money because you "used" to be important? Because you generate jobs?

Get serioius.

Meadowlands can survive and profit if they didnt have their profits all funneled to the arena and stadium. For years the track was a cash cow and all their money went to other stuff (instead of going into a kitty for a rainy day)

[Stevie Belmont]

Horseman need to fight until the ultimate end.

That place could be a gold mine. Millions of dollars a day could be generated there and the the horses can keep going.

It would be a tremendous place with the right people making the calls and the VLT's.

[onefast99]

Originally Posted by Stillriledup

Meadowlands can survive and profit if they didnt have their profits all funneled to the arena and stadium. For years the track was a cash cow and all their money went to other stuff (instead of going into a kitty for a rainy day)

It seems as if the NJSEA forgot about the 35m in debt service a year and over 266m owed from the bonds by the NJ taxpayers for the old Giants stadium. Why wasn't it a part of the deal for the new stadium that any psl's would go to pay off the debt service from the old stadium first? Instead the owners of these two teams get another revenue stream that would have helped reduce this debt for NJ. And now Christi wants to take one of the last assets the NJSEA owns and turn it over to his board member for development? Something smells here, real bad.

[The_Knight_Sky]

Originally Posted by Stillriledup

Meadowlands can survive and profit if they didnt have their profits
all funneled to the arena and stadium. For years the track was a cash cow
and all their money went to other stuff
(instead of going into a kitty for a rainy day)

Someone's been cooking the books. And it ain't Paula Deen. For example how can Mr. Hanson come out this week and state that Monmouth Park lost $6 million this year. The autumn meet is still underway.

If there was a legitimate number it should come directly from Monmouth officials. To have an anti-horse racing commission member tell that to the media, well it has to be taken with several grains of salt.

full post:
http://theknightskyracing.blogspot.c...or-for-nj.html

[Mike_412]

All racing associated bills were passed in the Senate earlier. The exchange wagering bill passed by a vote of 34-1 after passing in the Assembly 78-0. As a player, I find exchanges both fascinating and exciting. I truly hope they help racing begin to move in the right direction. If you're curious about any of the bills and their text, you can click on the following link to see what was being voted on today.

http://www.njleg.state.nj.us/BillsForAgendaView.asp

[point given]

An informal poll conducted by the Hall Institute the week of Nov. 15 showed more than half would support installing slot machines at Meadowlands in New Jersey.

The Hall Institute of Public Policy describes itself as a non-partisan, not-for-profit foundation that explores social, economic, educational, and cultural issues. It has authored more than 400 papers on various topics since it was formed in 2005 ..........................................



http://www.bloodhorse.com/horse-raci...at-meadowlands

[onefast99]

Originally Posted by point given

An informal poll conducted by the Hall Institute the week of Nov. 15 showed more than half would support installing slot machines at Meadowlands in New Jersey.

The Hall Institute of Public Policy describes itself as a non-partisan, not-for-profit foundation that explores social, economic, educational, and cultural issues. It has authored more than 400 papers on various topics since it was formed in 2005 ..........................................



http://www.bloodhorse.com/horse-raci...at-meadowlands

The institute was founded by George Hall who is a thoroughbred owner and breeder, the politicians will say it is a biased poll.

[The_Knight_Sky]

NY state strikes deal with tribe on casino land
By Edith Honan – Mon Nov 22, 4:45 pm ET
http://news.yahoo.com/s/nm/20101122/...bouchon=501,ny

NEW YORK (Reuters) – New York state agreed on Monday to give a swathe of land to a Wisconsin Native American tribe, which has plans for a major casino and resort complex near New York City.

The Stockbridge-Munsee tribe will give up their decades-long claim to 23,000-acres of land in New York and receive 330-acres of land 90 miles northwest of New York City.

But the deal now needs approval from the federal Department of Interior and faces opposition from environmental groups.

"This compact is a significant step toward revitalizing the economy of Sullivan County by building on its legacy as a tourist destination," New York Governor David Paterson said in a statement.

If approved, the 584,000-square-foot casino in the area known as the Catskills would compete with New Jersey's Atlantic City, two American Indian casinos in Connecticut and other, smaller gaming facilities in New York state.

_______________

The heat gets turned up a few degrees on the Atlantic City Casinos now.

[thespaah]

Originally Posted by The_Knight_Sky

NY state strikes deal with tribe on casino land
By Edith Honan – Mon Nov 22, 4:45 pm ET
http://news.yahoo.com/s/nm/20101122/...bouchon=501,ny

NEW YORK (Reuters) – New York state agreed on Monday to give a swathe of land to a Wisconsin Native American tribe, which has plans for a major casino and resort complex near New York City.

The Stockbridge-Munsee tribe will give up their decades-long claim to 23,000-acres of land in New York and receive 330-acres of land 90 miles northwest of New York City.

But the deal now needs approval from the federal Department of Interior and faces opposition from environmental groups.

"This compact is a significant step toward revitalizing the economy of Sullivan County by building on its legacy as a tourist destination," New York Governor David Paterson said in a statement.

If approved, the 584,000-square-foot casino in the area known as the Catskills would compete with New Jersey's Atlantic City, two American Indian casinos in Connecticut and other, smaller gaming facilities in New York state.

_______________

The heat gets turned up a few degrees on the Atlantic City Casinos now.

As far as back in the early 80's there were billboards all over Southeastern NY State that said very simply....."Casinos mean Jobs"...
These signs were in part prophetic as resort owners in the Catskills knew their demographic was disappearing. The owners saw casino gaming as a way to revitalize their dying properties. Unfortunately for most, it's too late. Many of the old Catskill Resorts sit as empty hulks. Golf courses overgrown, buildings looted and vandalized. Property values of ZERO.
Anyway, this news is no doubt disturbing to AC casino interests. AC is losing clientele to gaming facilities in CT and now PA. IMO, PA is the death knell for Atlantic City. AC has lost their players from Delaware, Maryland and eastern PA. Now with a casino at the front doors of 20 million people, for them there is no reason to go to Atlantic City. A quick hop up the Thruway to NY 17 and you're gambling in a nice setting without the crime, bums and filth of AC.
A casino at the Meadowlands Sports Cmplex would be a license to print money. Imagine a full gaming facility in the midst of the largest metropolitan area in North America.
Time for Trenton to tell the AC interests to go piss up a tree.
No matter how loud the South Jersey pro AC people scream about a casino in the Meadowlands, there is no stopping the draining off of business in AC.

[Mike_412]

I made a mistake in an earlier post stating that the exchange wagering bill had passed 3 weeks ago. I had missed the part where there were Senate amendments. The Assembly just passed the amended bill 74-1 and it has now passed both houses. I believe there were some other horse racing related bills being voted on in the Assembly today, but I haven't had the chance to check. Should be interesting moving forward.