Establishes State Lottery game with winning numbers determined by results of horse races.
Impact
If enacted, A3030 is expected to create a new avenue for state revenue through the operation of this lottery game, positioning horse racing as not only a sports entertainment but also a funding mechanism for public projects and services. The bill will augment existing laws governing the state lottery, reinforcing the partnership between the SLC and the racing commission in adding this new layer of gaming. Additionally, by ensuring ticket sales agents are present at racetracks, it aims to enhance the lottery experience for participants and possibly increase ticket sales.
Summary
Assembly Bill A3030 proposes the establishment of a new statewide lottery game in New Jersey, with the winning numbers being determined by results from a series of horse races. Specifically, the bill outlines that the State Lottery Commission (SLC) will coordinate with the New Jersey Racing Commission to select a series of races and assign numbers to each horse participating in those races. At the end of the final race, the SLC will declare the winning numbers, and tickets for this lottery game will be available for purchase statewide at designated locations, particularly at racetracks during the events.
Contention
Critics of A3030 may raise concerns regarding the ethical implications of expanding gambling activities, particularly in how it might influence the behaviors of vulnerable populations. There could be apprehensions regarding the adequacy of regulations around responsible gaming practices and the potential ramifications on community health and welfare. Furthermore, discussions may revolve around the allocation of proceeds from this new lottery game, ensuring that funds are directed towards meaningful community enhancements rather than solely for treasury gains.
Permits State Lottery Commission to authorize video lottery terminals at Meadowlands racetrack, upon voter approval; dedicates 1/3 net proceeds to General Fund, 1/3 to State education aid, and 1/3 to horse racing industry.
Relating to the operation of video lottery games by licensed horse and greyhound racetrack operators, to a defense for the operation of video lottery by Indian tribes, to the authority of the Texas Lottery Commission and the Texas Racing Commission, and to the conduct of gambling in this state; providing penalties.
Relating to the operation of video lottery games by licensed horse and greyhound racetrack operators, to a defense for the operation of video lottery by Indian tribes, to the authority of the Texas Lottery Commission and the Texas Racing Commission, and to the conduct of gambling in this state; providing penalties.
Relating to the operation of video lottery games by licensed horse and greyhound racetrack operators, to a defense for the operation of video lottery by Indian tribes, to the authority of the Texas Lottery Commission and the Texas Racing Commission, and to the conduct of gambling in this state; providing penalties; authorizing fees.
Relating to the operation of video lottery games by licensed horse and greyhound racetrack operators, to a defense for the operation of video lottery by Indian tribes, to the authority of the Texas Lottery Commission and the Texas Racing Commission, and to the conduct of gambling in this state; providing penalties; authorizing fees.
Requires certain tax proceeds from former racetracks conducting sports wagering to be allocated to "Racetrack Retention, Economic Growth, and Development Fund" for certain current operating horse racetracks.