New Jersey 2022-2023 Regular Session

New Jersey Assembly Bill A405

Introduced
1/11/22  

Caption

Allows horse racetracks to be available for placing wagers at casinos in Atlantic City using Internet.

Note

Additionally, the bill includes specific penalties for violations related to unauthorized wagering activities and advertising—aiming to enforce stringent compliance within this newly established legal framework. The swift effective date of the bill, upon passage, implies a push for rapid integration of these practices into New Jersey's gaming environment.

Impact

If enacted, this bill would fundamentally alter the landscape of Internet gaming in New Jersey by integrating horse racing venues into the online casino betting framework. The Division of Gaming Enforcement will maintain jurisdiction over the Internet gaming activities that originate from these racetracks, establishing minimum standards for the equipment and practices at these locations. Moreover, this advancement would likely enhance revenue streams for both racetracks and casinos, potentially invigorating the state's gaming economy.

Summary

Assembly Bill A405 proposes to allow horse racetracks in New Jersey to serve as venues where individuals holding Internet gaming accounts can place wagers on casinos located in Atlantic City. This bill seeks to amend and supplement existing legislation from 2013 governing Internet gaming, thereby expanding the possibilities for wagering locations beyond the confines of the Atlantic City casinos. The initiative is aimed at leveraging the existing infrastructure of horse racetracks to boost participation in online gaming.

Contention

While supporters of A405 may argue that the bill fosters an innovative collaboration between horse racetracks and casinos to expand gaming options, detractors might express concerns regarding the implications for regulatory oversight. Critics fear that allowing racetracks to host online wagering may lead to complications in enforcement and oversight, particularly as Internet gaming activities will not fall under the purview of the New Jersey Racing Commission. This change raises questions about the integrity and governance of gambling practices across different venues.

Companion Bills

No companion bills found.

Previously Filed As

NJ A107

Allows horse racetracks to be available for placing wagers at casinos in Atlantic City using Internet.

NJ ACR140

Amends State Constitution to permit sports wagering through casinos and current or former horse racetracks on all college sport or athletic events.

NJ SCR14

Proposes constitutional amendment giving Legislature authority to establish slot machine gambling at horse racetracks; dedicates revenues derived to support State-administered defined benefit retirement systems, casinos, improvements to Atlantic City, and horse racing.

NJ SCR41

Proposes constitutional amendment giving Legislature authority to establish slot machine gambling at horse racetracks; dedicates revenues derived to support State-administered defined benefit retirement systems, casinos, improvements to Atlantic City, and horse racing.

NJ ACR35

Proposes constitutional amendment giving Legislature authority to establish not more than two casinos outside of Atlantic City.

NJ A2696

Requires continuation of live horse racing for standardbred racetracks holding sports wagering license.

NJ A5362

Prohibits casino licensees from using non-wagering casino games to solicit future gaming.

NJ A2964

Waives minimum number of required horse races at racetracks due to certain emergencies to avoid loss of account wagering and off-track wagering licenses, and casino simulcasting approval.

NJ A5349

Increases tax on Internet casino gaming and Internet sports wagering to 30 percent.

NJ A407

Permits persons at horse racetracks and off-track wagering facilities to place wagers on previously-recorded live horse races.

Similar Bills

NJ A107

Allows horse racetracks to be available for placing wagers at casinos in Atlantic City using Internet.

NJ A5349

Increases tax on Internet casino gaming and Internet sports wagering to 30 percent.

NJ S3064

Modifies tax on certain forms of online gaming and wagering.

NJ A5359

Establishes annual fee for sports wagering licensees; directs funds from such fees to Council on Compulsive Gambling and gambling addiction treatment programs.

NJ S3283

Establishes annual fee for sports wagering licensees; directs funds from such fees to Council on Compulsive Gambling and gambling addiction treatment programs.

NJ S854

Provides that 1.25 percent tax on sports wagering revenues be used for local tax relief purposes for Atlantic City.

NJ A4397

Includes electronic sports event as sports wagering; authorizes electronic sports wagering at certain locations.

NJ S2986

Includes electronic sports event as sports wagering; authorizes electronic sports wagering at certain locations.