Monmouth Park

The Thoroughbred Breeders' Association of New Jersey (TBANJ) has announced that it has reached an agreement with Darby Development, the management company that oversees operations at Monmouth Park, that should end what had been a stalemate concerning future racing dates at the seaside track. In a statement released Wednesday, the TBANJ said it was supporting "an amended bill that protects Thoroughbred racing and breeding in New Jersey." With the possibility that a $10-million subsidy that had been used to enhance purses at Monmouth Park might not be available in the...

It was a good year for the new management team at the Maryland racetracks, where the average daily handle at Laurel was up 13.49 percent and average per-race handle increased by 14.29 percent. To talk about what went right for Maryland racing last year, the future of the GI Preakness Stakes, the decision to form a circuit with Colonial Downs, and to report on the rebuild of Pimlico, Bill Knauf, the president and general manager of the nonprofit Maryland Jockey Club, joined the team for this week's TDN Writers' Room...

The saga that is the future of Monmouth Park took another twist Thursday. According to an e-mail sent to its members by the Thoroughbred Breeders' Association of New Jersey, the Senate Budget and Appropriations Committee has chosen not to vote on Senate Bill 5028 . Senate Bill 5028 would allow Monmouth Park, if it chose to do so, to run an annual meet of just 25 days. The State Assembly's committee also did not take a vote on a similarly worded bill. In 2026, there will be 50 days of...

The already struggling racing and breeding industries in New Jersey were hit by potentially devastating news on Wednesday when it was reported that there are bills afloat in the state capital in Trenton that could eventually allow Monmouth Park to reduce its meet to 25 days a year. Is this the beginning of the end for one of the sport's most iconic and picturesque tracks? Not necessarily. (I'll get to that later). But it's hard not to be pessimistic about Monmouth's future. As with so many things that have become...

A vote scheduled for Thursday, Jan. 8 in New Jersey's Senate Budget and Appropriations Committee appears to threaten Thoroughbred racing dates in the state, cutting the required number from 50 to 25. The story was first reported by DRF's Matt Hegarty. Michael Campbell, the executive director for the Thoroughbred Breeders' Association of New Jersey, sent out a letter to Association members Tuesday warning breeders of "serious threat" to the New Jersey Thoroughbred breeding industry if the bill is passed. "This drastic reduction would effectively eliminate the foundation necessary to sustain...

Global Tote, in partnership with the Monmouth Park racetrack, has launched of a new multi-state--and soon-to-be national--Advance Deposit Wagering (ADW) platform called MonmouthBets, according to a press release from BetMakers Technology on Wednesday. Live and available in 12 states, the new ADW was designed with both casual fans and experienced bettors in mind, and is a site that delivers a modern, intuitive wagering experience supported by industry-leading technology. Packed with high-quality professional data, including ratings, race comments, individual runner insights, speed maps and free past performances, these tools--previously accessible mainly...

Can racing withstand the addition of yet another existential threat to the ever-expanding list of practices deemed harmful to our sport's health? Dennis Drazin, the chairman and chief executive officer of Darby Development LLC, which operates Monmouth Park, warned last week that the rising wave of prediction markets should be met with a greater sense of urgency and should be getting more scrutiny from racetrack operators and regulators. "I'm growing more and more concerned about the prediction market companies, such as Kalshi, Polymarket, and others that are now offering bets...

The New Jersey Racing Commission on Wednesday approved a 2026 Thoroughbred schedule of 50 spring/summer dates at Monmouth Park and nine for an all-turf autumn meet at the Meadowlands, mirroring the state's allotment of racing days in 2025. A one-day steeplechase license for Far Hills in '26 is expected to be okayed by the commission at a subsequent date upon completion of local approvals. The exact opening and closing dates for the meets were not discussed at the Nov. 18 meeting. In the post-pandemic era, New Jersey's Thoroughbred dates allotments...

Now at the two-month mark since the conclusion of the Monmouth Park season, some Thoroughbred owners and trainers remain concerned that they can't withdraw the purse money they earned during the May 10-Sept. 13 meet and from the turf-only mini-meet that Monmouth conducted at the Meadowlands Sept. 19-Oct. 17. When TDN first reported on the track's cash flow difficulties Oct. 22,  Dennis Drazin, the chairman and chief executive officer of Darby Development LLC, which operates Monmouth and its sportsbook, said the payment process is a complicated one that he hoped...

It wasn't a perfect night for Paco Lopez Thursday night at Delta Downs as he was 0-for-2, finishing eighth with his first mount of the night and third in his second try. But, according to his agent, Jose Garcia, Lopez saw it as a positive night for the simple fact that he was back doing what he loves. "He was very happy to be back," Garcia said. "You have a rider who, basically, loves to ride horses." Lopez had not ridden since Sept. 22 at Parx. Afterward he was suspended...

Monmouth Park's 2025 meet ended Sept. 14, but 38 days later some horsemen are still looking to get paid. Dennis Drazin, Chairman and CEO of Darby Development, the operator of Monmouth Park, vowed that the money will be available shortly. Drazin said the problem is that the state has been late in turning funds over to Monmouth for the horsemen. The process is a complicated one. "The process with purses is that we collect money, from account wagering, live handle, our OTWs," Drazin said. "We do seven-day reports and send...

Bill Knauf is the president and general manager of the non-profit Maryland Jockey Club Inc., (MJC), which took over the management of Laurel Park and Pimlico Race Course this year. It's a time of tremendous transition in that state, with Pimlico currently being demolished and rebuilt with the goal of all commercial-track Thoroughbred racing in Maryland moving to the new Baltimore venue by 2027. Laurel will then close for racing and training, and a new training facility at Shamrock Farm in Carroll County will be built. Knauf updated TDN on...