Title 5, Title 5: AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS

5:5-163 Definitions relative to Interstate Compact for Horse Racing Licensees. 3. Definitions. As used in this compact: "Compact committee" means the organization of officials from the party states that is authorized and empowered by this compact to carry out the purpose of this …

5:5-164 Entry into force, eligible parties, withdrawal. 4. Entry into force, eligible parties, withdrawal. a. This compact shall come into force when enacted by any four states. Thereafter, this compact shall become effective as to any other state upon both: (1) that state's enac…

5:5-165 Compact committee, powers and duties, voting, administration and management, immunity. 5. Compact committee, powers and duties, voting, administration and management, immunity. a. There is hereby created an interstate governmental entity to be known as the "compact commit…

5:5-166 Rights and responsibilities of party states. 6. Rights and responsibilities of party states. a. By enacting this compact, each party state: (1) Agrees: (a) to accept the decisions of the compact committee regarding the issuance or renewal of compact committee licenses to …

5:5-167 Construction and severability. 7. Construction and Severability. This compact shall be liberally construed so as to effectuate its purposes. The provisions of this compact shall be severable, and, if any phrase, clause, sentence or provision of this compact is declared to…

5:5-168 Short title. 1. This act shall be known and may be cited as the "Exchange Wagering Act." L.2011, c.15, s.1.

5:5-169 Findings, declarations relative to exchange wagers. 2. The Legislature finds and declares that: a. The horse racing industry is economically important to this State, and the general welfare of the people of the State will be promoted by the advancement of horse racing and…

5:5-170 Definitions relative to exchange wagers. 3. As used in this act: "Authority" means the New Jersey Sports and Exposition Authority created by section 4 of P.L.1971, c.137 (C.5:10-4). "Back" means to wager on a selected outcome occurring in a given market. "Commission" mean…

5:5-171 Exchange wagering permitted; conditions. 4. Notwithstanding any law, rule, or regulation to the contrary, exchange wagering by residents of this State on the results of horse races conducted in this State or jurisdictions outside of this State shall be lawful provided tha…

5:5-172 Issuance of license authorized. 5. The commission is hereby authorized to issue a license to the authority to establish an exchange in accordance with the provisions of this act, P.L.2011, c.15 (C.5:5-168 et al.). The licensing process shall include the filing by the auth…

5:5-173 Powers of commission. 6. a. The commission shall have full power to prescribe rules, regulations, and conditions under which exchange wagering may be conducted in this State, consistent with this act, P.L.2011, c.15 (C.5:5-168 et al.), including the manner in which exchan…

5:5-174 Compliance with law required for exchange wagering. 7. a. A person within this State shall not be permitted to open an exchange wagering account, or place an exchange wager through the exchange wagering system, except in accordance with federal law and this act, and throu…

5:5-175 Credits to exchange wagering accounts. 8. a. Credits to an exchange wagering account shall be made as follows: (1) The exchange wagering account holder's deposits to the exchange wagering account shall be submitted by the exchange wagering account holder to the exchange w…

5:5-176 Acceptance of exchange wagers, conditions. 9. The exchange wagering licensee may accept exchange wagers from residents of this State only in accordance with this act, federal law, and as follows: a. A wager to back or lay a particular outcome in a given market, specifying…

5:5-177 Posting of exchange wagers in interstate exchange pool. 10. Subject to federal law and notwithstanding any law, rule, or regulation of this State to the contrary, the exchange wagering licensee shall be permitted to post exchange wagers submitted by residents of this Stat…

5:5-178 Permitted actions of exchange wagering licensee. 11. Notwithstanding any other law, rule or regulation to the contrary, the exchange wagering licensee shall not be required to include any pools of exchange wagers in the wagering pools at the track conducting the races, no…

5:5-179 Collection of exchange revenue. 12. Subject to the approval of the commission, the exchange wagering licensee shall be permitted to collect exchange revenues in the manner and amounts determined by the exchange wagering licensee, including but not limited to assessing a s…

5:5-180 Requirements of exchange wagering licensees. 13. Notwithstanding any other law, rule or regulation to the contrary, the commission shall require each exchange wagering licensee to: a. pay such portions of the exchange wagering licensee's exchange revenues as may be requir…

5:5-181 Payment of moneys derived from exchange wagering. 14. Of the monies distributed to overnight purses pursuant to subsection b. of section 13 of this act, P.L.2011, c.15 (C.5:5-180), all moneys derived from exchange wagering on thoroughbred races shall be paid to overnight …

5:5-182 Distribution of remaining amounts. 15. All amounts remaining in exchange wagering accounts inactive or dormant for such period and under such conditions as established by regulation shall be distributed in accordance with the commission's rules and regulations. L.2011, c.…

5:5-183 License, registration required. 16. All persons engaged in conducting wagering-related activities through the exchange, whether employed directly by the exchange wagering licensee or by a person or entity conducting or operating the exchange pursuant to a contract or agre…

5:5-184 Severability. 17. The provisions of this act shall be deemed to be severable, and if any phrase, clause, sentence or provision of this act is declared to be unconstitutional or the applicability thereof to any person is held invalid, the remainder of this act shall not th…

5:5-185 Rules, regulations. 18. The commission shall promulgate rules and regulations pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), to effectuate the purposes of this act, P.L.2011, c.15 (C.5:5-168 et al.). L.2011, c.15, s.18.

5:5-186 Pilot program for placement of horse racing wagers at certain locations. 1. Notwithstanding the provisions of the "Off-Track and Account Wagering Act," P.L.2001, c.199 (C.5:5-127 et seq.), or any other law, rule, or regulation to the contrary, the New Jersey Racing Commis…

5:5-187 Use of mobile gaming devices at racetracks. 1. a. The New Jersey Racing Commission may authorize the use of mobile gaming devices by patrons at in-State racetracks for the placement of wagers on in-State and out-of-State races being transmitted to the racetrack through an…

5:5-188 Contractual agreements with the Standardbred Breeders' and Owners' Association of New Jersey. 11. A harness racing permitholder may enter into a contractual agreement with the Standardbred Breeders' and Owners' Association of New Jersey providing that a portion of the pur…

5:5-189 Contractual agreements with the New Jersey Thoroughbred Horsemen's Association. 12. A permitholder conducting thoroughbred racing may enter into a contractual agreement with the New Jersey Thoroughbred Horsemen's Association providing that a portion of the purse monies th…

5:5-190 Short title. 1. This act shall be known and may be cited as the "Fixed Odds Wagering Act." L.2021, c.193, s.1.

5:5-191 Findings, declarations. 2. The Legislature finds and declares that: a. The horse racing industry is economically important to this State, and the general welfare of the people of the State will be promoted by the advancement of horse racing and related projects and facili…

5:5-192 Definitions. 3. As used in this act: "Advance deposit wagering" means a form of horse racing wagering in which account holders must fund their account before being permitted to place bets and refers to a fixed odds wagering licensee. "Authority" means the New Jersey Sport…

5:5-193 Certain fixed odds wagering lawful. 4. Notwithstanding any law, rule, or regulation to the contrary, fixed odds wagering by residents of this State on the results of horse races conducted in this State or jurisdictions outside of this State shall be lawful provided that: …

5:5-194 Issuance of license to establish fixed odds wagering. 5. a. The division is hereby authorized to issue a license to the authority, or to the racetrack permit holder, to establish fixed odds wagering in accordance with the provisions of this act, P.L.2021, c.192 (C.5:5-190…

5:5-195 Transfer to individual racetrack permit holder. 6. The authority may transfer the operation and control of a fixed odds wagering operation to an individual racetrack permit holder if both the authority and racetrack permit holder mutually agree to such transfer. The divis…

5:5-196 Rules, regulations, conditions. 7. a. The division, in consultation with the New Jersey Racing Commission, shall have full power to prescribe rules, regulations, and conditions under which fixed odds wagering may be conducted in this State, consistent with this act, inclu…

5:5-197 Procedure for opening a fixed odds wagering account, wagering. 8. a. A person within this State shall not be permitted to open a fixed odds wagering account, or place a fixed odds wager through the fixed odds wagering system, except in accordance with federal law and this…

5:5-198 Credits made to fixed odds wagering account. 9. a. Credits to a fixed odds wagering account shall be made as follows: (1) The fixed odds wagering account holder's deposits to the fixed odds wagering account shall be submitted by the fixed odds wagering account holder to t…

5:5-199 Acceptance of wagers. 10. a. The fixed odds wagering licensee may accept fixed odds wagers from anyone physically present in New Jersey who holds a valid account with a fixed odds wagering licensee or residents of New Jersey who hold a valid account and who are physically…

5:5-200 Collection of fixed odds revenues. 11. Subject to the approval of the division, the fixed odds wagering licensee shall be permitted to collect fixed odds revenues in the manner and amounts determined by the fixed odds wagering licensee, including but not limited to assess…

5:5-201 Requirements for fixed odds wagering licensee. 12. Notwithstanding any other law, rule, or regulation to the contrary, the division shall require each fixed odds wagering licensee to: a. pay such portions of the fixed odds wagering licensee's fixed odds revenues as may be…

5:5-202 Distribution of monies. 13. a. Of the monies distributed to overnight purses pursuant to subsection b. of section 12 of this act, P.L.2021, c.193 (C.5:5-201) on in-State races at the respective racetracks, all monies derived from fixed odds wagering on thoroughbred races …

5:5-203 Distribution of amounts remaining in inactive, dormant accounts. 14. All amounts remaining in fixed odds wagering accounts inactive or dormant for such period and under such conditions as established by regulation shall be distributed in accordance with the division's rul…

5:5-204 Licensure, registration required. 15. All persons engaged in conducting wagering-related activities through the fixed odds wagering system, whether employed directly by the fixed odds wagering licensee or by a person or entity conducting or operating the system pursuant t…

5:5-205 Severability. 16. The provisions of this act shall be deemed to be severable, and if any phrase, clause, sentence, or provision of this act is declared to be unconstitutional or the applicability thereof to any person is held invalid, the remainder of this act shall not t…

5:5-206 Rules, regulations. 17. The division shall promulgate rules and regulations pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), to effectuate the purposes of this act, P.L.2021, c.193. L.2021, c.193, s.17.

5:5-22 New Jersey Racing Commission, powers, duties; definitons. 1. There is hereby created and established a New Jersey Racing Commission, hereinafter referred to as the commission, which commission shall be vested with and possessed of the powers and duties in this act specifie…

5:5-22.1 Delivery, certification of commission minutes to Governor; approval. 31. A true copy of the minutes of every meeting of the commission shall be forthwith delivered by and under the certification of, the executive director thereof to the Governor. No action taken at such …