Increases from 3.2% to 5% percentage of certain dedicated purse moneys used for horsemen aid programs and the association from Standardbred racing at private racetracks.
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.
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.
Requires New Jersey Racing Commission to allow off-track wagering facilities to retain certain out-of-State wagering proceeds for direct distribution to permit holders.