OCEANPORT, N.J. (AP) — Three years after taking over Monmouth Park,
the operators of the New Jersey shore thoroughbred racetrack believe the
facility either will break even this year or make a profit.
Speaking
at the track’s season opening news conference on Tuesday, Dennis Drazin
said the track has reversed recent losing trends, seen increases in
betting handle and attendance the past two years and is now
self-sufficient.
Drazin continues to be optimistic about the
future of racing in New Jersey, saying the struggling industry will be
the verge of a turnaround if either sports betting is legalized or the
state legislature approves the expansion of casinos outside of Atlantic
City.
State Sen. Raymond Lesniak, who has led the push for sports
betting in New Jersey, wants the legislature to put a referendum on the
November ballot for voters to approve casino expansion outside of
Atlantic City.
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