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General Category => Harness Racing => Topic started by: The Exporter on August 29, 2018, 04:29:06 PM

Title: NJ Lawmakers proposing $20 million in state funding
Post by: The Exporter on August 29, 2018, 04:29:06 PM: http://www.njbiz.com/article/20180829/NJBIZ01/180829842/lawmakers-unveil-bill-to-boost-racetracks-with-20m
Title: Re: NJ Lawmakers proposing $20 million in state funding
Post by: comeonman on August 29, 2018, 05:12:34 PM: Hope they get it. Would be great
Title: Re: NJ Lawmakers proposing $20 million in state funding
Post by: Bacchus on August 29, 2018, 08:04:09 PM: We get a democrat governor now we get welfare for the The horsing industry and next on his agenda to legalize marijuana-SMFH
Title: Re: NJ Lawmakers proposing $20 million in state funding
Post by: Field_In_Motion on August 29, 2018, 08:16:30 PM: EVERY LITTLE BIT OF CASH HELPS.
Title: Re: NJ Lawmakers proposing $20 million in state funding
Post by: Harnessfan902 on August 29, 2018, 08:19:52 PM: How long will this proposal take to pass?
Title: Re: NJ Lawmakers proposing $20 million in state funding
Post by: stanetelman on August 29, 2018, 08:29:24 PM: Quote from: comeonman on August 29, 2018, 05:12:34 PM
Hope they get it. Would be great

Not looking good for them at the moment.
Title: Re: NJ Lawmakers proposing $20 million in state funding
Post by: NJ The best on August 30, 2018, 09:33:08 AM: 16% percent a gold mine for Freehold hell there average purse distribution is 30k a day. They will last awhile with a few mil.
Title: Re: NJ Lawmakers proposing $20 million in state funding
Post by: Pull the Pocket on August 30, 2018, 09:37:58 AM: Why have any wagering at all? Just gives horsemen a chance to get money, by cheating , from customers.
Race at 10am ,distribute the cash and take the afternoons off, The actual racing costs more than it brings in.
Title: Re: NJ Lawmakers proposing $20 million in state funding
Post by: The Exporter on August 30, 2018, 10:07:28 AM: Quote from: NJ The best on August 30, 2018, 09:33:08 AM
16% percent a gold mine for Freehold hell there average purse distribution is 30k a day. They will last awhile with a few mil.
The 16% is of the harness share. If it were split 50/50 giving harness $10 million, that gives Freehold $1,600,000 for purses. If they raced 100 days a year, it would about double the present purse structure.
Title: Re: NJ Lawmakers proposing $20 million in state funding
Post by: NJ The best on August 30, 2018, 11:33:20 AM: Exactly , they actually race less than that and they would see a nice bump in purses you would hope , at least to 4k a race so they can feed the horses and pay the grooms.