New Jersey Assembly Bill A107

New Jersey 2024-2025 Regular Session

• Introduced: 1/9/24
• Refer: 1/9/24

Caption

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

Impact

If enacted, A107 would significantly alter the landscape of internet gaming in New Jersey by allowing horse racetracks to be actively involved in the online wagering process. The Division of Gaming Enforcement would oversee the regulations governing this new arrangement, ensuring compliance with established standards for equipment and locations used for wagering. Notably, this bill exempts internet gaming from regulation by the New Jersey Racing Commission, thereby centralizing oversight under the Division of Gaming Enforcement. This shift is designed to streamline operations and potentially increase revenue for both racetracks and casinos.

Summary

Assembly Bill A107 aims to permit horse racetracks in New Jersey to enter into agreements with casinos located in Atlantic City, which would allow the racetracks to serve as venues for placing internet wagers. This legislation aims to enhance the state's gambling framework by integrating horse racing venues within the digital betting environment that is centered around Atlantic City casinos. The bill updates and amends previous legislation, specifically the Internet gaming laws of New Jersey, to facilitate this expanded role for racetracks.

Contention

While the bill presents potential economic benefits, there are concerns regarding its implications for traditional horse racing. Critics might argue that the focus on internet gaming could detract from live racing events and diminish the unique aspects of horse racing as a cultural activity. Furthermore, there could be opposition from entities that feel this legislation might contribute to the proliferation of gambling at the expense of responsible wagering practices. Stakeholders in both industries—horse racing and casino gaming—will likely have differing views on the best path forward as they adapt to these regulatory changes.