New Meadowlands Racetrack starts racing Saturday - FOX 35 News Orlando

New Meadowlands Racetrack starts racing Saturday

Posted: Updated:
By TOM CANAVAN
AP Sports Writer

EAST RUTHERFORD, N.J. (AP) - With the new, $88-million Meadowlands Racetrack scheduled to open for live racing on Saturday, Jeff Gural understandably has a case of the jitters.

Gural, the managing partner of Meadowlands Racing and Entertainment, and fellow investors are wagering that the smaller building loaded with creature comforts for harness-racing fans and bettors will be able to turn a profit in an industry that has fallen on hard times.

The new Meadowlands is about a third of the size of the old one, which is located on the other side of the one-mile oval racing surface. Its grandstand can seat 2,200, and the clubhouse, simulcasting area, bars, upscale restaurant, sky boxes, corporate meeting rooms and outdoor terraces can hold 10,000.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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