Darby Development

New Jersey Purse Subsidy Cut by Just $5 Million

After a $20 million purse subsidy that was used to bolster purses at New Jersey's Thoroughbred and Standardbred tracks was left out of an initial budget proposal from Governor Phil Murphy, lawmakers have approval a final budget that will include a $15 million subsidy for the 2021 racing season. The money will be divided evenly between the two breeds. "I am pleased that the governor has seen fit to give us back 15 of the $20 million that is going to go support purses next year," said Dennis Drazin, Chairman...

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Monmouth Park’s Dennis Drazin Issues Statement Supporting Horse Racing Integrity and Safety Act

Darby Development CEO and Monmouth Park Operator Dennis Drazin issued the following statement Friday regarding the Horse Racing Integrity and Safety Act: As Chairman and CEO of Monmouth Park Racetrack and as counsel and advisor to the New Jersey Thoroughbred Horsemen's Association (NJTHA), I am pleased to announce Monmouth Park's support for the Horse Racing Integrity and Safety Act. I had the opportunity to listen carefully to the press conference at Keeneland where Senator Mitch McConnell announced his support for this historic legislation designed to improve the integrity and safety...

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Monmouth Announces Revised Stakes Schedule

Monmouth Park, which has delayed the start of its racing season until July 3, has revised its stakes schedule to include 35 races totaling $5,050,000. The schedule's traditional anchor race, the $1-million GI TVG.com Haskell S. remains scheduled for July 18, but will not be run as an invitational in 2020. The nine-furlong race will be contested as a stakes race and nominations  will close June 26. The July 18 card will also feature the $300,000 GI United Nations S., GIII $300,000 Monmouth Cup S., $250,000 GIII Molly Pitcher S.,...

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Drazin Issues Lengthy Statement On Indictments Supporting HIA, On-Track Pharmacy, Outlining Plans for His Servis Trainees

Choosing not to comment last week as the horse racing world responded en masse to the bombshell announcement of indictments against 27 figures in the sport, including high-profile trainers Jorge Navarro and Jason Servis, Darby Development CEO and Monmouth Park Operator Dennis Drazin has weighed in with a lengthy statement that was released Monday, shortly after Monmouth announced it will close and push back the start of its racing meet due to coronavirus concerns. The statement reads in part, "First and foremost, Monmouth Park and Darby Development, as well as...

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