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Tuesday, March 26, 2013

M1 - Meadowlands Increases Purses for Younger Horses

The Meadowlands Racetrack condition sheet will reflect a purse increase for conditioned races for younger horses beginning next week.  The increase will be applied to fillies/mares and colts, both pacers and trotters.  The new purse structure for these races will be as follows:

Non-Winners Of 1 Pari-Mutuel Race:   $10,000  (Increased From $9,000)

Non-Winners Of 2 Pari-Mutuel Races: $12,500  (Increased From $9,500)

Non-Winners Of 3 Pari-Mutuel Races: $15,000  (Increased From $12,500)

It is important to give owners an opportunity to race the horses they purchased as yearlings in events that offer a solid purse structure.  This will prove beneficial to the owners that purchase these yearlings, the breeders that sell them and will result in a stronger wagering product for the betting public.

“We hope that this is just the first step on the road to gradually increasing our overnight purses across the board throughout the year,” said Jason Settlemoir, General Manager of The New Meadowlands Racetrack.  “We are hopeful the betting handle will continue to perform at a high level and give us an opportunity to raise purses further in the future.”