A New Jersey Senate committee has approved a bill which would allow for wireless bets to be made at New Jersey racetracks. If this bill is passed and signed by the Governor, gamblers will be able to make wagers anywhere on racetrack grounds. Customers would have to set up wireless accounts and receive payment at the track. This bill is considered a companion bill to the one which allows for wireless wagers to be made in Atlantic City casinos.
There is a special provision in the bill (S-2236) which benefits the Meadowlands. While the proposed bill restricts the operation of these wireless machines to the physical property lines of a racetrack, an exception has been written in to the bill to allow for the use of these devices on the grounds of the American Dream Complex (assuming it gets completed) provided the leaseholder agrees to it.
What is big about wireless wagering? The hope is by allowing individuals to wager using wireless devices, the racing industry will benefit by getting younger, more technologically savvy individuals to the track. Wireless wagering will be appealing to a certain segment of the current racing audience as well as provide for cost savings elsewhere; it may even attract new horseplayers to the track, but to keep them coming racing needs to deliver a product customers want. Otherwise, any potential bubble will be short lasting.
HANA Harness' The Pen vs. The Chip Handicapping Challenge is taking a one week break before they tackle the final four legs of the contest. At this time, any of the top three handicappers have a chance to win the competition with four handicapping cards remaining. A press release with some interesting statistics was released and can be seen here.
North of the border, racing resumes at The Raceway at Western Fair District. In addition to racing resuming, the Forest City Yearling Sales takes place this weekend. With no word on what racing will look like next year, this sale is bound to be disappointing.
Turf racing returns to the Meadowlands. Well, technically it's Monmouth Park at the Meadowlands and today is the first of the eight day Fall Turf Festival. For the next four weeks, thoroughbreds will be racing on the turf course Frdaiys and Saturdays in six races daily with the first post of 2:15pm. However, as far as I am concerned, racing at the Meadowlands resumes on December 28. ,