A new project to modernize the Belmont Park racetrack would create a big economic boost, according to a new study from a group called “We Are NY Horse Racing.”
The study found the multiyear project would help generate $155 million in annual economic output and support 740 new full-time jobs.
A new Belmont Park would also produce $10 million in state and local taxes per year.
The NYRA tried to get the necessary legislation passed for the project earlier this year, but they were not successful.
(photo WikiMedia Commons)