New Jersey’s Monmouth Park has announced plans to hike all purses by 5% beginning July 20, which is also the day of the GI Haskell Invitational S. and five other black-type events. All races will see the purse increase through the meet’s end Oct. 27.
“Our numbers have been strong despite losing the equivalent of a full card of racing due to weather,” said Dennis Drazin, Chairman and CEO of Monmouth’s parent company, Darby Development. “This is the first increase in purses during the meet that Monmouth Park has offered in quite some time. It’s another indication that everyone involved–owners, trainers, and our patrons–has responded positively to the $10 million purse subsidy provided by the state.”
The purse increase is in addition to Monmouth’s average purses of nearly $500,000 daily.