Operators / FR Park Racing
FR Park Racing
Racetrack · FR Park Racing, LP · Freehold, New Jersey[1]
Operated Freehold Raceway; formed (as Pennwood Inc., later FR Park Racing) from a joint venture of Penn National Gaming and Greenwood Racing (Parx Casino's parent, Greenwood Gaming and Entertainment) that bought the track in 1998-1999. Freehold Raceway's live racing and sports wagering operations ended in 2024; the 58-acre site was sold to Raceway RE Partners in June 2025 for redevelopment, unconnected to gaming operations.
Brands
- Freehold Raceway — Sports (retail), Sports (online)
Latest reported 12-month window
Available reports within each market’s latest 12-month window; missing months may make totals incomplete. License-holder totals may include partner-operated brands; rows are not necessarily additive.
| State | Vertical | Channel | Reported period | Handle | GGR |
|---|---|---|---|---|---|
| New Jersey | Sports (online) | online | Aug 1, 2023 – Jul 31, 2024 | — | $24.5M |
| New Jersey | Sports (retail) | retail | Aug 1, 2023 – Jul 31, 2024 | — | $1.8M |
Sources
- Historic Horse Racing Track in New Jersey Is Sold · retrieved Oct 10, 2026
Direct fetch not performed in this pass; drawn from a search-engine result summary (Penn National Gaming/Greenwood Racing joint venture origin as Pennwood Inc./FR Park Racing, LP; June 2025 sale of the Freehold Raceway site to Raceway RE Partners).