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Old 04-12-2011, 06:07 PM
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New Laws for New Jersey Horse Racing

New Jersey Governor Christie signed two racing bills into law on Monday.

One is, advance bets are now permitted for races not taking place at the facility as long as they are simulcast at other state facilities.

The other is Meadowlands Racetrack is allowed to reduce their season to 75 dates. They feel it will help racetracks become more self-sustaining.

Here are the bills:

Quote:
S831/A2513 (Codey, Beck/McKeon, Caputo) Permits wager to be placed at racetracks or casino simulcasting facilities in advance for races not simulcast at facility under certain circumstances if race is simulcast at other facilities in the State.
Passed Senate 38-0, Assembly 77-0.

S2390/A3511 (Sarlo, Whelan/Burzichelli, Dancer, Wagner, Casagrande, Vainieri Huttle) Decreases annual standardbred race dates to 75 minimum upon consent from Standardbred Breeders and Owners Association of New Jersey; increases to 5% maximum amount of certain purse moneys that may be distributed to aid horsemen.
Passed Senate 39-0, Assembly 75-0.
Reduces the length of the meet at the Meadowlands Racetrack and Freehold Raceway.
Anyone here into horse racing? What do you think of these bills?
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Old 03-15-2013, 05:43 AM
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Re: New Laws for New Jersey Horse Racing

I'm not into horse racing, but I read somewhere that PokerStars was refused to open a casino in New Jersey because it was mentioned they were planning to put in a sportsbook.

I guess poker and sportsbook games don't mix.
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Old 03-15-2013, 04:28 PM
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Re: New Laws for New Jersey Horse Racing

Thanks for the update on this issue. I hadnt realized that this would be a scenario that wouldnt work but I do think that I understand the reasoning behind it.

Let us know if you hear anything else about this situation.
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Old 05-29-2013, 05:50 AM
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Re: New Laws for New Jersey Horse Racing

I don't think PokerStars is quite finished with their trying to buy a casino on the New Jersey boardwalk.

If that casino is still up for sale, I'm sure someone will buy it and then turn around and sell it to Poker Stars. Just thinking out loud.
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