Monmouth Park deal reached

TRENTON – New Jersey and the Thoroughbred Horseman’s Association have reached a deal to keep Monmouth Park open next year, according to published reports.

The agreement calls for the state Sports and Exposition Authority to seek 141 thoroughbred dates  with five days of racing a week, and the state will try to lease Monmouth Park.

The racing season would run from May 12 to Nov. 25.

In a release, Sen. Joseph Kyrillos, (R-13), Middletown, praised the deal, which was reached on Monday just before a state-imposed deadline.

“It has been a long and at times difficult process, but I am pleased that horse racing will continue at Monmouth Park for the 2012 season,” Kyrillos said.

“The agreement reached between NJSEA and the Thoroughbred Horseman’s Association last night will ensure that a vital industry for Monmouth County and New Jersey survives.

“There is a great deal of work to do in the new year to build a stronger racing industry that can stand on its own without taxpayer assistance. Monmouth Park is an important part of the fabric of our state and I will continue to work with the Governor’s office and all relevant players.”

Gov. Christie earlier this year made it clear he wanted the horse racing business to survive on its own without public subsidies.

Previous coverage:

Monmouth Park deal falls through

 

Monmouth Park deal reached