New Jersey Legislature

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...