Beginning next Saturday on the Haskell Invitational card, Monmouth Park will increase purses 5 percent.
Thanks to a $10 million purse subsidy from the state this year, purses at Monmouth were already forecast to average $500,000 per race day this meet.
Dennis Drazin, chairman and CEO of Darby Development, which operates Monmouth on behalf of the New Jersey Thoroughbred Horsemen’s Association, said the purse increase was the result of strong business at the meet.