by Carol Hodes, for the SBOA of New Jersey

Manalapan, NJ — If the Hanson Report was implemented it would be the end of horse racing in New Jersey.

“While New Jersey is trying to entice industries and jobs with expensive tax incentives, the state is in jeopardy of losing one of its most important employers — horse racing,” said Tom Luchento, president of the Standardbred Breeders & Owners Association of New Jersey.

Luchento was responding to the Recommendations on the Future of Horse Racing in New Jersey issued on Monday night in the supplemental Hanson Report.

“Suggesting that we can race 30 days at Monmouth Park is unacceptable,” Luchento said. “We raced 141 days this year — you cannot expect our drivers, trainers and breeding industry to survive on 30 days of racing. You cannot ask us to give up the Meadowlands, the premier harness track in North America.”

Racing in New Jersey is a billion-dollar industry which represents more than 15,000 jobs and more than $250,000 in taxes annually and could, with the addition of gaming at the Meadowlands, contribute $1 billion annually to the state treasury.

“We feel we are being blindsided,” said Luchento. “Jon Hanson is a real estate developer which seems to be his only concern, developing the property on which the Meadowlands sits. The plan he issued in July did not pass muster with the legislators and the public. The people of New Jersey support racing and gaming. Instead of finding ways to cut us out, the state should be making it more attractive for us to stay. Some of our major breeding farms are already making plans to move their stallions to states that have purse money fueled by slots.”

Racing is not a money-losing venture, according to Luchento.

“It is not our fault that the New Jersey Sports & Exposition Authority is losing money,” he explained. “They have had to take on projects at the request of a succession of governors. These were money losers.

“We have been working with our legislators to put together a package of bills that will make it possible for racing to be self-supporting by 2013,” he added. “The Hanson Report ignores these plans and disregards the efforts of the senators and assembly members.

“We hope that Governor Chris Christie will take the time to listen to our ideas and reject the Hanson Report,” Luchento said. “Failing to do so will open up a can of worms, including legal action.”