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Thursday, October 8, 2020

Meadowlands Racetrack Remains Closed to Fans Friday

 

Meadowlands Racetrack Remains Closed to Fans Friday

Meadowlands Media Relations

East Rutherford, NJ - The Meadowlands Racetrack will remain closed to fans on Friday, October 9th for simulcasting, sports wagering and live racing.  Winners Bayonne remains open.

Live harness racing will take place at 7:15 p.m. on Friday and Saturday night. Horsemen are reminded to have the COVID questionnaire completed when arriving at the stable gate for their temperature check.  Face masks worn over the mouth and nose are required at all times while in the paddock.

Visit PlayMeadowlands.com for the most up-to-date information. Reminder you must be 18+ to wager on horses; 21+ to wager on sports. Gambling problem? Dial 1-800-Gambler.

FIVES ARE FABULOUS FOR BIG M FAITHFUL

Meadowlands Media Relations

EAST RUTHERFORD, NJ – Fives have been wild of late at The Meadowlands, as some of the biggest payouts have come in a pair of low-minimum bets at the mile oval.

The 10-cent Pentafecta, which requires one to correctly select the first five finishers in a given race, replaced the 20-cent based “jackpot” version, and has returned great dividends to players, as has the 20-cent Pick-5. Both wagers now give bettors two chances every night to make a score.

Last weekend’s (Oct. 2-3) Pentafectas left winning players with big smiles. On Friday, the race five return was $736 before race 13 saw bettors walk away with $507, despite the race being won by the 8-5 favorite.

Saturday’s fifth race came back a whopping $2,799 before the 13th capped the weekend with a payoff of $991. The average payout for the wager with the low 15 percent takeout was $1,258 for a miniscule 10-cent investment.

Friday’s Early 20-cent Pick-5 (races one through five) brought the weekend’s biggest payoff, as one sharp handicapper raked the pool, cashing in for $35,516. The odds of the horses during the sequence were 5-2, 11-1, 11-1, 3-1 and 7-1. Given how wide tickets can be “spread” with the low 20-cent minimum, that was a handsome payoff to be sure. The second Pick-5 is offered every night on races nine through 13.

“Value is so important in the racing industry,” said Big M Chief Operating Officer and General Manager Jason Settlemoir. “And you need liquidity in the pools to help create that value. The Saturday Pentafecta paid out at odds of almost 28,000-1. The Friday Pick-5 paid out at more than 177,000-1. That’s incredible value, and at The Meadowlands or any other racetrack, fair value will always draw horseplayers.”

The drivers in the GSY (Gural Settlemoir Yarock) Series may not include names that are as famous as those that sit at or near the top of the Big M standings, but that did not stop the public from betting those races with vigor.

The first race Friday night saw a total handle of $231,871, good for the highest pool of the night at the track as well as the entire country, before $177,887 was pushed through the windows in the third race, meaning that the members of the driving club saw over $400,000 in action on their races.

At the end of the weekend, total handle on the 26 Meadowlands dashes was just short of $5 million.

“The Meadowlands low 15 per cent takeouts and competitive mile-track racing,” said Settlemoir. “Create pools that tantalize players around the world with something that most other tracks cannot offer.”

PROLIFIC PILOTS: With most of the Big M’s top drivers out of town at Lexington’s Red Mile, a pair of reinsmen who do good work elsewhere had a great time on their trip to East Rutherford.

Pocono Downs regular Simon Allard led the way last weekend with five victories, while Victor Kirby, who drives on the Delaware circuit, scored four times, all on Friday night.

RED MILE FINALE: Racing at Lexington, Kentucky’s famed Red Mile concludes this weekend, with three cards of top-flight stakes action to be contested Friday, Saturday and Sunday, with a 1 p.m. post time.

The Big M’s own Dave Brower will handle post-race interviews and will partner up with the sport’s popular jack-of-all-trades and leader of the #senditin army, Gabe Prewitt, for analysis of the races. Prewitt also serves as track announcer. For everything Red Mile, check out Prewitt on Twitter at @gabe_prewitt.

FREE STUFF: For free past performances of Meadowlands races, go to playmeadowlands.com, where one can access races nine through 13 for both Friday and Saturday’s program. Those races include the 20-cent Late Pick-5, 50-cent Late Pick-4 and 10-cent Late Pentafecta, not to mention the Late Daily Double.

TWEET THE TEAM: Stay in touch on Twitter with the Big M’s Brower (@eedoogie), Dave Little (@DaveLittleBigM), Ken Warkentin (@kenvoiceover) and Jessica Otten (@JessicaOtten1). Check in everyday for Meadowlands news and updates at those handles, as well as @TheMeadowlands and #playbigm.

CHECK OUT THE PICKS: For those who need to get a leg up on the action, go to playmeadowlands.com to see track oddsmaker and analyst Brower’s selections and commentary. Click on this link to check out Friday’s card: http://playmeadowlands.com/RaceReviews.aspx?racedt=10/9/2020

Additionally, track announcer Warkentin’s blog is available on the site and offers his picks and analysis.

On race nights, access picks and plays from the Big M TV team at #playbigm or at @TheMeadowlands.

CHECK OUT THE SHOW: As always look for the “Racing from The Meadowlands” live in-house simulcast show every Friday and Saturday night. It begins at 6:42 p.m. First race is at 7:15 p.m.

If you want to watch all the action at home, go to rtn.tv to catch every race live.

CHECK BEFORE YOU LEAVE: For those who want to spend a night at the races, please go to playmeadowlands.com before you head out and look for updates with regard to whether or not fans will be permitted to attend.

Wednesday, October 7, 2020

McConnell Bill “Fixes the Kitchen by Building a New House”

 

Undefined Costs may Threaten 35 Venues in 19 States

 

            The new federal legislation being rushed through Congress will have a positive effect on the racing industry by mandating uniform and expanded anti-doping and medication policies but may have a devastating negative affect if the unknown costs force smaller and midsized racetracks, owners, trainers, and breeders out of business, according to an analysis prepared for the Association of Racing Commissioners International (ARCI).

 

            “S.4547 is better than the previous proposal in some ways, but concerns still exist as to whether it actually goes far enough to protect and regulate the care given young horses,” RCI President Ed Martin said, noting that the ARCI has not taken a position on the McConnell bill and is unsure if it will given reports that it may be a “done deal”.

 

            The purpose of the analysis is to highlight changes that need to be understood early in order for there to be a smooth transition, Martin said.  “This is enormous and I am not sure everyone understands how this might play out, especially given the fact that costs have not been explained, only how they are to be collected.”

 

            US State Racing Commissions spend upwards of $21 million each year on the drug testing program.  The analysis raises the possibility that some State Budget Offices and Legislatures may opt to shift that money to other state needs by handing off their programs to newly formed Horseracing Integrity and Safety Authority (HISA), which can independently tax racetracks, breeders, owners, trainers and veterinarians for program costs.

 

            Under this scenario there is a real risk that racing industry interests may end up paying twice as the prospects for an industry specific tax cut to prevent that in most states may prove elusive.

 

 

 

 

 

 

Thirty Five Racing Venues in 19 States Put on “Watch List”.

 

            The analysis puts over thirty five racing venues in nineteen US States on a “watch list” based on concerns about the overall economics of racing and their ability to absorb undefined new mandated costs anticipated to be imposed by enactment of S.4547.

 

            An inability or failure to absorb additional costs of doing business may force hard decisions by the ownership of these entities which may impact the extent or continuation of racing activity.    Racing commissions and policy makers are being urged to work with these entities to clearly understand the legislation’s impact locally.

 

            “The sponsors and proponents of this legislation need to release detailed cost estimates for various scenarios for individual states,” Martin said.   “I am shocked that Members of Congress would actually pass this bill without knowing the impact locally.”

 

Impact on Investigations and Involvement of Federal entities.

 

            There is a widespread impression that the newly formed Horseracing Integrity and Safety Authority (HISA) will have new investigatory powers beyond those that currently exist for the State Racing Commissions.    S.4547 does not grant any expanded authority to the new entity.

 

            “The recent federal indictments like those before them were the result of multi-agency cooperation where the work of state racing commissions were built upon and expanded by the reach of a federal law enforcement agency using federal wiretaps or other tools reserved for law enforcement,” Martin said.   This bill does not give HISA racing investigators law enforcement status.

 

            The bill also fails to include a proposal made by the ARCI at hearings on the previous Horse Racing Integrity Act to create designated desks in key federal agencies - the Department of Justice, the Federal Bureau of Investigation, Drug Enforcement Agency, and the Food and Drug Administration - to assist racing investigators and work to facilitate the involvement of federal law enforcement or regulators in pursuing racing related cases.

 

Other Key Changes:

 

            The analysis underscores additional changes:

 

    • Creation of a uniform point of equine regulation beginning with the first timed workout for each covered horse;
    • The HISA would have broad authority to regulate and control the administration of all medications given a “Covered Horse”;
    • Inclusion of Breeders as a source of regulatory fees to help pay for the new program;
    • Apparent less transparency than exists under the current system as current Open Meetings, Public Records Access, State Ethics laws, and independent audit and investigation of the regulatory entity have not been addressed;
    • Consistent testing thresholds for all laboratories;
    • A shift of the testing laboratory accreditation program away from the Racing Medication and Testing Consortium to the HISA
    • Language to limit the direct participation by the existing network of expertise currently relied upon by the State Regulators and racing industry at large.

 

Anyone interested in receiving a copy of the analysis should request one by emailing info@arci.com or using the DOWNLOAD LINK