NJ gov's panel: End horse racing at Meadowlands
November 16, 2010ATLANTIC CITY, N.J. (AP) - Live racing at one of the nation's premier harness racing tracks would be ended under a recommendation from Republican Gov. Chris Christie's panel on the future of casinos and racetracks.
The Hanson Commission released a supplemental report Monday evening saying there is no way New Jersey can support two state-run tracks. For that reason, it proposes ending live racing at the Meadowlands Racetrack in East Rutherford and consolidating it at Monmouth Park in Oceanport, more than an hour's drive south, starting in 2011.
The plan also calls for the two tracks to be sold to the private sector.
The Meadowlands, part of the Meadowlands Sports Complex, would be used as an off-track betting facility under the plan.
``We have reached the conclusion that there is no viable self-sustaining industry model based upon two government-operated race tracks,'' the commission wrote. ``Consequently, we present a direct and difficult solution to a problem that has been in the making for decades.''
Christie spokesman Michael Drewniak said the governor is studying the recommendation, and he declined further comment.
The task force said Monmouth Park is set to lose $6.6 million this year, and the Meadowlands an additional $11 million.
The proposal would allow a six-day standardbred meet to be held at the Meadowlands next August.
Standardbreds would race 30 days at Monmouth in the fall of 2011 and have a 70-day meet in subsequent years.
Thoroughbreds would race 59 days a year at Monmouth from May to September.
It would take about $4.6 million worth of investment and upgrades to get Monmouth ready for the consolidation.