New Jersey Statutes - Title 5 Amusements, Public Exhibitions and Meetings - 5:12-201 Payment to out-of-State sending track.

Legal Research Home > New Jersey Laws > Amusements Public Exhibitions and Meetings > New Jersey Statutes - Title 5 Amusements, Public Exhibitions and Meetings - 5:12-201 Payment to out-of-State sending track.

5:12-201. Payment to out-of-State sending track.

11. a. Except as provided in subsection b. of this section, a casino which receives a simulcast horse race from an out-of-State sending track shall not pay the out-of-State sending track for the transmission an amount equal to more than 3.5% of the parimutuel pool on each race. If the casino negotiates an agreement to pay the out-of-State sending track an amount equal to less than 3.5% of the parimutuel pool, the casino shall be entitled to retain the difference between the amount agreed upon and 3.5%.

b. Subject to the approval of the New Jersey Racing Commission and with respect to no more than 28 races per casino per calendar year, plus the number of races run annually at the Breeders' Cup World Championships, a casino may pay an out-of-State sending track an amount equal to not more than 6% of the parimutuel pool for the transmission of a race. If the casino negotiates an agreement to pay the out-of-State sending track an amount equal to less than 6% of the parimutuel pool, the casino shall be entitled to retain the difference between the amount agreed upon and 6%.

L.1992, c.19, s.11; amended 1993, c.292, s.37; 2001, c.198, s.2; 2009, c.36, s.28.

Sections: Previous 12-194 12-195 12-196 12-197 12-198 12-199 12-200 12-201 12-202 12-203 12-204 12-205 12-206 12-207 12-208 Next

Last modified: February 13, 2012

Court Opinions

State Laws

US Code

US Constitution

New Jersey Statutes - Title 5 Amusements, Public Exhibitions and Meetings - 5:12-201 Payment to out-of-State sending track.