breeding industry

Both houses of the New Jersey Legislature on Friday unanimously extended a five-year package that will grant $20 million in annual purse subsidies to the state's Thoroughbred and Standardbred industries. If signed by Governor Phil Murphy as expected, the bill will infuse $10 million into Monmouth Park's purses every year through 2029. The June 28 vote was 76-0 in the Assembly and 40-0 in the Senate. "We're extremely happy that the Legislature again decided to help support the racing and breeding industries in New Jersey," said Dennis Drazin, the chairman...

The Jockey Club of America is hosting a new podcast called 'On the Lead' as part of its communications and outreach mission to the industry, the organization said in a release Thursday. Presented by The Jockey Club, the podcast is produced by the In the Money Media Network, which is owned and operated by Peter T. Fornatale and Jonathon Kinchen. The program is co-hosted by Shannon Kelly, executive director of The Jockey Club Safety Net Foundation, and Fornatale. Set for a 12-episode series, the content will cover a variety of...