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purse subsidy

Letter to the Editor: The Thoroughbred Industry is in Grave Danger

I read with interest the article of The Thoroughbred Report titled "Dogs Gone: New Zealand bans greyhound racing from 2026," dated Dec. 12. The article starts with the sentence, "There are only five nations globally where greyhound racing still operates being New Zealand, USA, Ireland, Australia, and Britain, but this is set to change with an announcement by New Zealand MP Winston Peters that greyhound racing will be banned in NZ from 2026." I was not aware that racing greyhounds is still legal in the United States. According to Wikipedia,...

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NJ Legislature Passes Bill to Extend Purse Subsidies Through 2029

Assembly Bill 5893, which called for an extension of annual purse subsidies given to New Jersey's Thoroughbred and Standardbred Industries through 2029, was passed Monday by the New Jersey Senate by a 35-1 margin. The bill had earlier been passed by the Assembly, by a margin of 73-0, and will now head to the desk of Governor Phil Murphy, who is expected to sign the legislation into law. The bill calls for a $20 million subsidy to be split evenly among the two breeds. The money is seen as a...

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