08/01/2014 5:36PM

Monmouth cuts overnight purses 10 percent


Monmouth Park announced Friday afternoon that overnight purses at the track will be cut 10 percent, beginning Aug. 8. Monmouth is currently offering average daily overnight purses of $342,000. That figure does not include graded stakes purses.

The announcement comes five days after the highlight of the Monmouth meet, Haskell Invitational Day, when 35,983 fans attended the races and all-sources wagering totaled $13,423,280, third highest in track history, not counting the 2007 Breeders’ Cup cards.

In a press release, Bob Kulina, president of Darby Development LLC, which operates Monmouth Park, attributed the shortfall in the purse account to the track running more races this year than last and using higher-level races, which offer high purses.

The Monmouth meet continues through Sept. 28.

Monmouth Park has also requested permission from the New Jersey Racing Commission to change the dates of four all-turf cards scheduled to be run at the Meadowlands in September. A total of 14 all-turf cards were originally scheduled to be run between Sept. 18 and Oct. 18. The request would move the first four dates to Oct. 24-25 and Oct. 31 and Nov. 1. If approved the all-turf season would run from Oct. 2 to Nov. 1

Oct. 31 and Nov. 1 coincide with the Breeders’ Cup at Santa Anita.

gallopingtom More than 1 year ago
NJ whole economy is in the tank. Why would the track and casinos be expected to improve in this awful economic climate? Until politicians wake up and realize that the money is pouring into Pa, De, and NY. The tracks will continue to struggle.
John Stevelberg More than 1 year ago
Any suggestions ?
Ron Rios More than 1 year ago
there is no money pouring in at Del. they had to cancel a racing day last week because of lack of horses, no money coming in at the casinos, and purses were cut...
Tyler Mathis More than 1 year ago
The solution to this is easy: Dump "Monmouth at the Meadowlands". That little meeting is a joke. Went a couple of years ago and the lights weren't even on upstairs! Ridiculous...
John Stevelberg More than 1 year ago
So u r saying "light bulbs" are the solution ?
Neal Baker More than 1 year ago
I could see this coming from six furlongs away. The state desperately needs slots at the Meadowlands to boost the horse racing industry. With Atlantic City casinos closing seemingly every day it's time for NJ to change strategy.
mikey More than 1 year ago
After the Haskell the meet is over.Hope this place is not the next track to close.One of the best places to go and watch a race.Thet did not mind when the state was paying the bills.