New Jersey S 1466: Permits persons at horse racetracks and off-track wagering facilities to place wagers on previously-recorded live horse races.

Bill Text

SENATE, No. 1466  
 
STATE OF NEW JERSEY 
220th LEGISLATURE 
   
INTRODUCED FEBRUARY 10, 2022 
 
 
Sponsored by: 
Senator  RICHARD J. CODEY 
District 27 (Essex and Morris) 
 
 
 
 
SYNOPSIS 
 Permits persons at horse racetracks and off-track wagering facilities to place 
wagers on previously-recorded live horse races.  
 
CURRENT VERSION OF TEXT  
 As introduced. 
    

 
S1466 CODEY 
2 
 
 
AN ACT permitting   persons   at horse racetracks and off-track 1 
wagering  facilities to place wagers  on  previously-recorded  live 2 
horse races, and supplementing chapter 5 of Title 5 of the Revised 3 
Statutes.  4 
 5 
 BE IT ENACTED by the Senate and General Assembly of the State 6 
of New Jersey: 7 
 8 
 1. a.  As used in this section: 9 
 “previously-recorded live race” means a previously-recorded live 10 
running or harness horse race which does not identify the actual race 11 
on  which  pari-mutuel  wagers  are  placed  by  a  person  using  an 12 
electronic  pari-mutuel  wagering  terminal  located  at  a  racetrack  or 13 
off-track wagering facility in this State. 14 
 b. Notwithstanding  the  provisions  of  any  other  law  or  rule  or 15 
regulation  to  the  contrary,  it  shall  be  lawful  for  the  New  Jersey 16 
Racing  Commission  to  authorize  a  permit  holder  that  is  licensed  to 17 
conduct  a  horse  race  meeting  in this  State  or  an  off-track  wagering 18 
licensee  to  accept, under  regulation  of  the  commission,  wagers  on 19 
previously-recorded  live  races, with  wagers  placed through either 20 
electronic pari-mutuel wagering  terminals  located  at a  licensed 21 
racetrack facility or an off-track wagering facility by persons who are 22 
physically present at those racetracks or facilities. 23 
 c. To  effectuate  the  provisions  of  this  section,  the  commission 24 
shall, pursuant to the provisions of the “Administrative Procedures 25 
Act,” P.L.1968, c.410  (C.52:14B-1  et  seq.),  promulgate  rules  and 26 
regulations necessary to: 27 
 (1) evaluate the type of equipment that may be used in wagering, 28 
subject to approval by the commission; 29 
 (2) authorize  the  permit  holder  to  enter  into  contracts  with 30 
vendors,  operators,  and  other  entities,  as  may  be  necessary,  for  the 31 
establishment  and  operation  of  the electronic pari-mutuel wagering 32 
terminals; 33 
 (3) ensure that proper payments are made to the winning bettors 34 
who  shall  share  the  gross  amount  wagered  minus  the  applicable 35 
commission,  and  that  remaining  amounts  are  properly  distributed 36 
among the permit holder or licensee, applicable partner entities, and 37 
horse  racing  and breeding  industry  stakeholders  in  accordance  with 38 
subsection d. of this section; 39 
 (4) ensure that necessary safeguards are in place to guarantee the 40 
security  and  integrity  of  the electronic pari-wagering  terminals and 41 
of the pari-mutuel wagering conducted thereon and to prevent minors 42 
from wagering; 43 
 (5) ensure  that  the  information  provided  on  the  previously-live 44 
race is true and accurate as of the day of the race and does not provide 45 
any  information  that  might  help  patrons  identify  the  actual  race, 46 
including  the  date  of  the  race,  the  race  course,  the  names  of  the 47 
horses, riders, drivers, or trainers; 48 

 
S1466 CODEY 
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 (6) ensure  that  the  live  pool  wagering  “types”  offered  are 1 
identical with those offered in the previously-recorded live race; 2 
 (7) ensure that  the  system  allows  for  pari-mutuel  wagering  on  a 3 
horse  race  displayed  as  a  video  or  audio  recording,  but  does  not 4 
authorize wagering on any animation, computer simulation or other 5 
artificial representation of horse racing; and 6 
 (8) regulate   any   other   aspects   of  the   electronic   pari-mutuel 7 
wagering operation the commission deems appropriate. 8 
 d. As used in this subsection, "takeout" means that portion of a 9 
wager  which  is  deducted  from  or  not  included  in  the  pari-mutuel 10 
pool, and which is distributed other than to persons placing wagers.   11 
 The  takeout  rate  for  a  previously-recorded live  race shall  be  not 12 
more  than  20  percent,  and  shall  be  20  percent  in  the  absence  of  an 13 
agreement prescribing a lesser takeout percentage.  14 
 The   amount   resulting   from   the   takeout   rate   for   previously-15 
recorded  live  race  wagering  conducted  at  a  racetrack  or  at  an  off-16 
track wagering facility shall be distributed as follows: 15 percent to 17 
purses;  1  percent  to  breeder  awards  and  4  percent  to  Sire  Stakes  or 18 
State-bred  awards;  15  percent  to  race  technology  fees;  3  percent  to 19 
simulcasting  and  video  usage  fees;  and  62  percent  to  the  permit 20 
holder. 21 
 e. An  excise  tax  shall  be  imposed  on  all  tracks  and  off-track 22 
wagering  facilities  conducting  p