Mike Musto

NJ Legislature Passes Bill to Extend Purse Subsidies Through 2029

Assembly Bill 5893, which called for an extension of annual purse subsidies given to New Jersey's Thoroughbred and Standardbred Industries through 2029, was passed Monday by the New Jersey Senate by a 35-1 margin. The bill had earlier been passed by the Assembly, by a margin of 73-0, and will now head to the desk of Governor Phil Murphy, who is expected to sign the legislation into law. The bill calls for a $20 million subsidy to be split evenly among the two breeds. The money is seen as a...

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NJTHA Issues Statement on Forbes's Passing

The New Jersey Thoroughbred Horsemen's Association issued the following statement on the passing of horseman John Forbes, their longtime president who passed away Sunday at the age of 73. We are incredibly saddened by the passing of our friend, colleague and mentor John Forbes. Born to a family of horsemen, John was the consummate horseman. He was old-school. He was devoted to the horse, the industry and its people. He was never satisfied with the status quo. He demanded of the industry that which he expected of himself—honesty, integrity, hard...

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