Freehold was a planned failure

[Grandstand Handicapper]

Highest and best use always wins out.

[Lar4400]

That’s true but so is this title post true. The place caters to old people and the escalators have been broken and boarded up for years now, yes years not months or days. Ownership/Mgt of this facility should be ashamed of the manner in which this wonderful little raceway has been run. Not a penny invested for years. Feel bad for those that work there and did their best to make an old ship continue to sail the best that it can even though its sails were tarnished and in dire need of a life raft but no one can to help and the inevitable came true, the ship sank because the owner group wanted it to.

[Sunmoon 1219]

In 2 weeks / 4 race cards the party is over for eternity

[The Exporter]

So, if management would have invested the needed millions in an attempt to make this facility relevant, would it be profitable today? Would the entire entity be be worth more than it is now? How ,amy times was this place bought and sold over the years?

[Locked in with pace]

Like all the major companies, they close underperforming locations. Penn has racing locations all across the country. This one definitely underperformed. The class of horses was getting worse ever year. It was just a matter of time

[BigMFan]

NJ was giving Freehold $1.6 million in purse supplements thru 2029.  They have an off track simulcast place (which in pretty nice) in Toms River.  There were more but I believe Monmouth Park took them over.  They had a sports book which somehow closed down.  Nobody folds a sports book.  100% place was driven into the ground.  Howard Bruno couldn’t be an assistant manager at McDonald’s let alone be a GM of a harness track.

[Rdp066]

I found out Howard lives in Cherry Hill about 45-60 minutes away so he won't be in the area after closing to face the wrath of the people.  He is smiling from ear to ear with delight as he gets the golden parachute from upper management.  The 90+ people who will be on unemployment and collecting next to nothing now are scared to death.  Many of them too old to do anything else and in desperate need of the money.

If I were a regular and bet Freehold, I would make sure Howard got an ear full from me in abuse.  Now I just delight in the fact that the crooked teller in history, Bobby, an old POS who works in the dining room on Saturday, will be unemployed.  Also, Kevin, the compulsive gambler who works the garbage cans for winning tickets, will have no place to go.

[Sunmoon 1219]

Most are already headed to the swamp . 8 races most only 7 horse fields . Place is cooked and roasted