Freehold Raceway to Close After 77 Years

End of an Era

Freehold Raceway, a historic horse racing track in New Jersey, is set to close its doors after 77 years of operation. The track's owner, Penn National Gaming, announced the closure on Tuesday, citing declining revenue and increased competition from other casinos in the region.

A Local Landmark

Freehold Raceway has been a fixture in the community since it opened in 1945. The track has hosted some of the biggest names in horse racing, including Secretariat and Man o' War. It has also been a popular destination for locals and tourists alike, offering a variety of entertainment options including live racing, simulcasting, and dining.

Economic Impact

The closure of Freehold Raceway will have a significant economic impact on the local community. The track employs over 500 people, and its closure will result in the loss of those jobs. The track also generates millions of dollars in revenue each year, which will be lost to the local economy.

Future of the Property

Penn National Gaming has not yet announced what will happen to the Freehold Raceway property. However, there has been speculation that the property could be sold for development. This could lead to the construction of new homes, businesses, or other commercial enterprises.

Reaction from the Community

The news of Freehold Raceway's closure has been met with sadness and disappointment from the community. Many residents have fond memories of attending races at the track, and they are concerned about the impact that its closure will have on the community.