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  #1  
Old 12-12-2011, 03:53 PM
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Kasept Kasept is offline
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Default Monmouth situation increasingly dire..

The horsemen have caused Morris Bailey to walk away and Christie is issuing deadline threats.

http://www.mycentraljersey.com/artic...ed-by-investor
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Last edited by Kasept : 12-13-2011 at 08:08 AM.
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  #2  
Old 12-12-2011, 04:53 PM
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cmorioles cmorioles is offline
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Is Christie lying about the horsemen's requesting a supplement after a handshake agreement? If not, seems the blame doesn't lie in his office.

Last edited by Kasept : 12-13-2011 at 08:08 AM.
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  #3  
Old 12-12-2011, 07:17 PM
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Originally Posted by cmorioles View Post
Is he lying about the horsemen's requesting a supplement after a handshake agreement? If not, seems the blame doesn't lie in his office.
That isnt what actually happened but hey why let a chance to take a shot at horsemen go to waste.
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Old 12-17-2011, 10:55 AM
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That isnt what actually happened but hey why let a chance to take a shot at horsemen go to waste.
I asked a question. Obviously somebody isn't telling the truth.
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Old 12-17-2011, 11:16 AM
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I asked a question. Obviously somebody isn't telling the truth.
The horsemen aren't politically saavy enough to understand that lying is ok when negotiating in the press
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Old 12-12-2011, 05:19 PM
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CM, I have no idea about what transpired, actually.
Yeah, shouldn't have quoted your post, was generic for anyone. I don't have any problem with politicians that don't want to subsidize horse racing.
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Old 12-12-2011, 05:26 PM
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Originally Posted by cmorioles View Post
Yeah, shouldn't have quoted your post, was generic for anyone. I don't have any problem with politicians that don't want to subsidize horse racing.
This is exactly the problem. Christie has said that the horseman changed the handshake agreement, but they are not offering anything.
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Old 12-12-2011, 07:26 PM
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This is exactly the problem. Christie has said that the horseman changed the handshake agreement, but they are not offering anything.
The horsemen didnt change anything as they had no power to change anything. What happened is that Gural realized by extending the Meadowlands TB dates to the thoroughbred horsemans association (as has been done the last few years) that by proxy he would have to share revenue with them (if off track wagering which has been proposed at the boondoggle mall and also slot revenue if the Meadowlands ever gets them as proposed by many Northern Jersey pols). When he complained to Christie they wanted to include language that precluded the horseman from sharing revenue. Naturally the horsemen's position is that this was the deal agreed upon, the other parties should have done their due dilegence. And while we (horsemen) dont always agree with the NJTHA and their leadership if the shoe was on the other foot the state would surely maintain their position. And the state of NJ doesnt mind keeping the profits from NJ bets while bitching that they are losing money on horse racing. To the state of NJ the OTB profits dont count as "horseracing" revenue.
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  #9  
Old 12-13-2011, 08:05 AM
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so... Please educate me. Because I really don't understand...

This 5 million that Bailey put up to lease/manage the track. Was it really only 5 million? And what % of handle/overall revenue would the potential managing group get? Sorry if these questions are dumb but I seriously don't know...
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  #10  
Old 12-13-2011, 01:31 PM
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NJTHA Prez John Forbes on ATR this morning and clearly frustrated.

Made it sound like Christie is making any deal an impossible-to-nail-down moving target.
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  #11  
Old 12-13-2011, 10:56 PM
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here is a positive sign!!!

The 2012 VIP Season Pass & Parking is now on sale!

Just $85, the pass includes:

•Clubhouse and/or Grandstand Admission for every day of the 2012 meet
•Counts as "paid admission" for all promotional giveaways
•Includes admission for Haskell Day

The 2012 VIP Season Pass is the perfect gift for the racing fan in your family that calls Monmouth Park home for the summer!

i do feel it will get worked out
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Last edited by richard burch : 12-13-2011 at 11:09 PM.
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  #12  
Old 12-17-2011, 09:35 AM
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Immanuel Kant Immanuel Kant is offline
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They'll be running for purses generated from handle, while PA and NY get subsidized.

no handle no purses...no purses no quality.......no quality no handle
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  #13  
Old 12-17-2011, 10:57 AM
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Quote:
Originally Posted by Immanuel Kant View Post
They'll be running for purses generated from handle, while PA and NY get subsidized.

no handle no purses...no purses no quality.......no quality no handle
They'll close in no time, or run at Beulah levels.
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  #14  
Old 12-17-2011, 11:23 AM
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Cannon Shell Cannon Shell is offline
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Originally Posted by cmorioles View Post
They'll close in no time, or run at Beulah levels.
The deal signed is simply to save face and give them more time to reach a real deal. There is no chance they will run all those days but in the current climate the horsemen aren't going to feel comfortable waiving the days requirement as it is a negotiating piece and the Gov has no issues with going back on his word.
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  #15  
Old 12-17-2011, 11:28 AM
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Quote:
Originally Posted by Cannon Shell View Post
The deal signed is simply to save face and give them more time to reach a real deal. There is no chance they will run all those days but in the current climate the horsemen aren't going to feel comfortable waiving the days requirement as it is a negotiating piece and the Gov has no issues with going back on his word.
I hope the horsemen saved up their pennies from the elite meet, because times are going to be tough in NJ no matter how this plays out this year.
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  #16  
Old 12-20-2011, 11:10 PM
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Default It's Alive! It's Alive!!!

Quote:
Originally Posted by richard burch View Post
here is a positive sign!!!

The 2012 VIP Season Pass & Parking is now on sale!

Just $85, the pass includes:

•Clubhouse and/or Grandstand Admission for every day of the 2012 meet
•Counts as "paid admission" for all promotional giveaways
•Includes admission for Haskell Day

The 2012 VIP Season Pass is the perfect gift for the racing fan in your family that calls Monmouth Park home for the summer!

i do feel it will get worked out




http://blogs.app.com/capitolquickies...-open-in-2012/

State officials and representatives of a horsemen’s group agreed on a deal late Monday to keep Monmouth Park open in 2012, narrowly beating Gov. Chris Christie’s deadline to have a contract in place.

i guess fatso finally found the envelope under his desk.
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  #17  
Old 12-21-2011, 07:47 AM
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Now I can order my season pass.
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  #18  
Old 12-21-2011, 09:07 AM
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Quote:
The gross purses for 2012 will be about $4 million shy of maintaining the track’s stakes program, including the Haskell, which receives national TV coverage and is attended by more than 30,000 racing fans each year.
If this doesn't come through, they might as well board the place up.
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  #19  
Old 12-21-2011, 11:17 AM
freddymo freddymo is offline
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The state of NJ should be ashamed. They had a magnificent concept, and it was a terriffic meet to attend bet and be part of. I swear I dont get it.
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