monmouth park shutdown


N.J. Shutdown Threatens To Close Monmouth Park On 4th Of July

June 30, 2018 - 2:06 pm

OCEANPORT, N.J. (WCBS 880) -- A government shutdown in New Jersey will have far-reaching implications in the state, including at the recently opened sports book at Monmouth Park.

Two weeks ago, New Jersey legalized sports betting within the state and business was booming for Monmouth Park, which is expected to draw thousands for the upcoming holiday.

The law was intended to restore some of the glitz and glamour to Atlantic City’s casinos and the Jersey Shore. Though, there were no provisions added that would allow Monmouth Park to remain open in the event of a shutdown.

Earlier Saturday, Gov. Phil Murphy sent lawmakers a new tax revenue offer to hopefully reach a budget deal before 12:01 a.m. Sunday.

In his letter, Murphy said he was willing to back away from an increase in the sales tax if legislature leaders agree to a tax on millionaires. However, lawmakers still wish to see taxes on corporations increase.

If no agreement is reached, New Jersey will shut down for the second year in a row, closing racetracks, beaches and other publicly run spaces for the Fourth of July.