The good news is that the new owner is a real fan, a handicapper, and someone interested in high quality racing, with the financial resources to make it happen.
Morris Bailey, now in control of Monmouth Park, is the future of New Jersey horse racing | NJ.com
On most weekends, his refuge is a table in the trackside dining room at Monmouth Park. Morris Bailey will spread out the Daily Racing Form and handicap that day’s races, determined to find winners.JEMB Reality Corp., the New York City-based company he owns with $4.1 billion in assets, won’t even issue a bio or a picture of him for public relations purposes on the boss’s orders. “I see this as a three- to five-year development project,” said Bailey, who plans for Monmouth to have extensive cross-marketing with Resorts Casino, starting with the hotel’s sponsorship of the Haskell Invitational. “But in the meantime I’m prepared to ensure that we have high-quality racing. That will cost money, and I’m prepared to see it through.”