NJ signs 30-year lease to save Meadowlands track
A New York real estate developer has signed a long-term deal that will ensure harness racing will continue at the Meadowlands Racetrack.
Gov. Chris Christie announced the deal with Jeffrey Gural yesterday.
Gural owns Tioga Downs and Vernon Downs in upstate New York and two horse farms.
Christie has sought to end public subsidies of New Jersey's horse racing industry and have tracks run by private operators.
The governor also announced an agreement between the state and its Thoroughbred Horseman's Association to run a full schedule of races at Monmouth Park in 2012 without subsidies to racing purses. The state is still seeking a private operator for the Monmouth County track.
Meadowlands horse racing may