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LOL - How did he make his money? He inherited it! As for losing money it's only on paper! He cries broke to get the NJ Subsidy Money. If he would have negotiated the deal correct with Fan Duel he would be swimming in money. Fact is he's a baphoon that didn't negotiate good and didn't get a piece of the internet gambling. All those cars parked on the river from NY gambling doesn't do shit for Meadowlands because he gave that up in negotiations. Only money gambled on site gets to Medowlands. Now don't cry to hard because Jeffy has his money backed by the State. He can't lose no matter what he puts in! His investors lose it all if there is failure. Jeffy can pull out any losses at 100% backed by the State. That part he got right in negotiations. He screwed his investors but he's all good.
He has done neither.
Well if it wasn't for him there would be no Meadowlands no Tioga or Vernon where would you race with out them he doesn't need money he has lots been racing and breeding for years no one else stepped in to help racing in N.J. but him you can not like him but with out him there would be nothing.
So, if all that you say is true, what happens when he dies? He is ancient after all.
Better value, reduced skills to be sure, but usually equal among all drivers in the race, less corruption, etc. Sure with the amateurs the risk is greater, but so is the reward.