In a Harness Racing Update Exclusive, SBOANJ President Tom Luchento has reported the biggest problem with obtaining a lease of The Meadowlands is the state's demand that a deal to lease the track be completed by Friday so they can present it to the Governor. The assumption is if a deal is not in place by the end of Friday, the state will walk away from the negotiations. Racing dates were supposed to be assigned today by the NJRC. Since the Governor will not allow dates to be issued prior to an agreement is in place, that racing commission meeting has been delayed until next Wednesday, hoping an agreement will be in place.
Problem is investors who have experience running race tracks are coming in on Friday to talk with the SBOANJ and State Officials.. That gives them one day to come to an agreement under the current deadline. Luchento thinks a deal could be accomplished if the clock is stopped but with advisor Jon Hanson involved, who knows if the clock will stop,.
Friday may be an interesting, long day.