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Meadowlands Purse Gets $10M NJ Sports Betting Boost In New Agreement By Martin Derbyshire

Purses at Meadowlands Racetrack are getting a $1 million a year boost from sports betting operations at the track.

The Meadowlands Racetrack and the Standardbred Breeders and Owners of New Jersey (SBOA) announced Dec. 1 that they had reached a 10-year, revenue-sharing agreement. The agreement will add a minimum of $1 million a year to the purse account at the track.

And there’s hope the state is ready to give NJ horse racing another $100 million over the next five years.

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