Five-Year, $20m Annual Purse Subsidy Sails Through NJ Legislature

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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

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