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New Jersey Horse Racing Purse Subsidy Cut By $5M

    https://www.njonlinegambling.com/new-jersey-horse-racing-purse-subsidy-cut-5m/
    The scheduled $20 million annual New Jersey horse racing purse subsidy that was to last for five years didn’t quite make it into Year 3. That figure was granted to the industry for 2019 and 2020, but the budget presented by the legislature that Gov. Phil Murphy plans to sign today directs $15 million instead to the state’s equine industry.. Still, Monmouth Park operator …

NJ racing: Taxpayers will chip in $100M for horse racing …

    https://www.app.com/story/sports/horses/2019/01/31/nj-racing-100-million-purse-subsidy-set-approval/2729849002/
    The New Jersey Assembly approved a taxpayer-funded $100 million purse subsidy for the state’s horse racing industry Thursday, sending the measure to Gov. Phil Murphy for his consideration.

Horse Racing Purse Money: Where's It From and How's It …

    https://horseracingsense.com/where-purse-money-from-horse-racing/
    At the track in our example, the payout is the standard rate; 60% of the purse typically goes to the winner, 20% to second place, 10% to third, 5% to 4th, 3% to 5th, and 2% to 6th. So if the purse is $10,000, the winning horse is paid $6000. Ten percent of that goes to the trainer and 10% to the Jockey.

Horse Racing Purses | Etsy

    https://www.etsy.com/market/horse_racing_purses
    Check out our horse racing purses selection for the very best in unique or custom, handmade pieces from our shops.

Racing, Gaming Clash in NJ Purse Dispute - BloodHorse

    https://www.bloodhorse.com/horse-racing/articles/151220/racing-gaming-clash-in-nj-purse-dispute
    An ugly dispute over purse supplements for a New Jersey harness track could have long-term ramifications as officials devise a plan for the future of horse racing in the Garden State, and it also ...

NJ Budget Proposal Nixes Horse Racing Purse Subsidy …

    https://www.njonlinegambling.com/nj-budget-proposal-nixes-horse-racing-purse-subsidy/
    There is a cut of a $71.3 million state subsidy toward New Jersey Transit, along with many trims in the $5 million to $25 million range. Among those is a $20 million cut from an annual horse racing purse subsidy that was signed into law in February 2019.

New Jersey Purse Subsidy Cut by Just $5 Million - TDN

    https://www.thoroughbreddailynews.com/new-jersey-purse-subsidy-cut-by-just-5-million/
    By Bill Finley. After a $20 million purse subsidy that was used to bolster purses at New Jersey's Thoroughbred and Standardbred tracks was left out of an initial budget proposal from Governor Phil ...

Racetracks by Purse Size - Thoroughbred OwnerView

    https://www.ownerview.com/race-tracks/purses
    Racetracks with Daily Purses $200,000 to $399,999 in 2021; Track Name Track Image Avg Daily Purse Median Purse Race Dates ... FanDuel Sportsbook and Horse Racing: $80,365 : $8,500 : 2022 Race Meet. May 3 2022 to Sep 24 2022. Fonner Park: $62,613 : $5,300 : 2022 Race Meet. Feb 19 2022 to ...

Details of N.J. fixed-odds wagering includes a March start

    https://www.horseracingnation.com/news/Details_of_New_Jersey_fixed_odds_wagering_includes_a_March_rollout_123
    The go-to-market roll-out of fixed odds betting on racing in New Jersey: Fixed odds bets on thoroughbred racing meetings is scheduled to be offered on track at Monmouth Park from March 2022. Shortly thereafter, and prior to Monmouth’s live racing start on May 7, 2022, fixed odds will be available online thru NJ licensed sportbooks.

NJ horse racing gets up to $100M in taxpayer-funded …

    https://www.northjersey.com/story/news/new-jersey/2019/02/15/nj-horse-racing-gets-up-100-m-taxpayer-funded-subsidies/2880146002/
    Exit Full Screen. Twenty million dollars in taxpayer money will go to subsidize horse racing in New Jersey this year as part of an effort by state policymakers to retain jobs and make the industry ...

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