Monmouth Park

New Jersey Fixed-Odds Pilot Program Cleared for 2021

Even as a separate bill to allow fixed-odds wagering on in-state horse races is making its way through the New Jersey Legislature, the state's racing commission voted 4-0 Nov. 18 to give consent for licensees to try a fixed-odds pilot program during 2021 that would be limited to bets on out-of-state Grade I races. The vote was unanimous but not without misgivings, as several commissioners voiced concerns prior to the vote that fixed-odds betting would cannibalize the existing pari-mutuel system and eventually erode New Jersey's racing industry. And one New...

[ Read More ]
Authentic Earns $1M BetMakers Bonus With Classic Win

With his victory in Saturday's GI Longines Breeders' Cup Distaff, Authentic (Into Mischief) earned a $1-million bonus for his connections from Australian-based racing technology group BetMakers. In conjunction with Monmouth Park's Dennis Drazin, BetMakers created the 'BetMakers Bonanza' for any horse that could win the 2020 renewals of the GI Haskell Invitational, the GI Kentucky Derby and then finish it off with the Breeders' Cup Classic. Authentic went wire to wire to score in the 10-furlong test by 2 1/4 lengths. "With all the winners of the majors competing in...

[ Read More ]
Bill to Authorize Fixed-Odds Wagering Introduced in New Jersey

New Jersey moved one step closer to becoming the first state in the country to allow fixed-odds wagering on horse races when a bill that would authorize that form of betting was introduced in the New Jersey Legislature Thursday. The bill was introduced by New Jersey State Senator Vin Gopal and an identical bill has been sponsored by Assembly Gaming Committee Chairman Ralph Caputo and Deputy Republican Leader Assemblyman Ronald Dancer. With the bill enjoying bipartisan support, expectations are that it will pass and will be signed into law by...

[ Read More ]
2020 Monmouth Meet Ends on a High

Monmouth Park showed increases in both the daily transmission of its signal and in total average handle compared to 2019 during the combined 44-day meet that concluded Saturday. Monmouth Park's average daily simulcast handle increased 27.09% to $3,604,413 daily compared to $2,836,148 last year. The overall average handle was up 20.81% to $3,807,082 daily compared to $3,151,201 last year. "We are so grateful to everyone for supporting this extraordinary meet and, more specifically, the Governor's Office and the New Jersey Racing Commission for allowing us the ability not only to...

[ Read More ]
Pedigree Insights for Oct. 24

Sponsored by Alex Nichols Agency 4th-MTH, $45K, Msw, 2yo, 1mT, 2:09 p.m. ET Proxy (Tapit) is the latest foal out of versatile Panty Raid (Include), a highest-level winner on turf and synthetic and Grade II winner on the dirt. A $2.5-million Fasig-Tipton November buy in 2008, Panty Raid's 3-year-old daughter Micheline (Bernardini) broke her maiden in the course-and-distance Sorority S. last September. More recently, the fellow Godolphin homebred and Mike Stidham trainee took the Sept. 10 Dueling Grounds Oaks at Kentucky Downs before finishing a close second in Keeneland's GI...

[ Read More ]
The Week in Review: How Long Can Racing Fend off the Sports Betting Juggernaut

When it was announced last week that a record $748.6 million had been wagered on sports during September in New Jersey that appeared to be more bad news for horse racing. It was the most ever bet in any one state during a month and a sign of the times. The amount legally wagered on sports in this country is soaring, with no end in sight, and it stood to reason that some of that money had been siphoned off from racing. Sports betting is now available in 18 states...

[ Read More ]
Tapiture’s Premier Star Romps in Jersey Shore

A firming even-money favorite, 'TDN Rising Star' Premier Star (Tapiture) proved far too strong for six other rivals in Wednesday's Jersey Shore S. at Monmouth Park, jogging under the line a very easy winner. Away fairly from his low draw, Premier Star raced in third with a foothold at the fence and Paco Lopez elected to send his mount through a tight inside spot to take up the running with a little less than a half-mile to race. Comfortably in front on the bend, he kicked further in front in...

[ Read More ]
Monmouth Cancels Monday Card

With heavy rain and wind from the remnants of Hurricane Delta, officials at Monmouth Park have cancelled its eight-race Columbus Day card scheduled for Monday, Oct. 12. Racing will resume Wednesday, Oct. 14, for the Meadowlands-at-Monmouth meet with eight races on the program. Wednesday's first post is scheduled for 12:50 p.m. with the card headlined by the $100,000 Jersey Shore S.

[ Read More ]
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...

[ Read More ]
Breen, Lopez Earn Monmouth Park Titles

Kelly Breen, who capped the season with a pair of stakes wins on the closing-day card, was the leading trainer at the Monmouth Park meet which concluded Sunday. It was Breen's third training title at the New Jersey oval, but his first in 14 years. "It means a lot," said Breen. "To think back to when I last won the title 14 years ago to today, I lost both of my parents over that time and today would have been my mom's birthday. So it's special. I felt like I...

[ Read More ]
Monmouth Jockeys Upset Over New Whip Rules

Several of the regulars who ride at Monmouth Park say they were never consulted by the New Jersey Racing Commission (NJRC) before banning the use of the whip starting in 2021 and, if they were, they would have told regulators they were out of touch and creating an untenable situation. "This is a really, really, really bad decision," said Antonio Gallardo, who is fourth in the current standings. "You can't just take the whip right away like that. If they wanted to put in a rule like they have in...

[ Read More ]
Monmouth Seeks New Partner to Keep Exchange Wagering Alive in New Jersey

In the wake of last week's news that Betfair intends to pull the plug on its exchange wagering platform in New Jersey on Oct. 1, Dennis Drazin, the chairman and chief executive of Darby Development LLC, which operates Monmouth Park, told the New Jersey Racing Commission Sept. 16 that his track is actively seeking another partner to continue the bettor-versus-bettor style of wager-matching that is popular in other parts of the world but hasn't quite caught on in America. "Although they want out of business, we do not," Drazin said....

[ Read More ]