5:5-113 - Joint application requirements - New Jersey Statutes

5:5-113.     Joint application requirements
    A joint application for an intertrack wagering license shall include a written agreement between the receiving and in-State sending tracks providing a detailed plan of operation for the simultaneous picture transmission of races from the in-State sending track to the receiving track, the transmission to the in-State sending track of wagers placed at the receiving track, and the distribution of the parimutuel pool to the winning ticketholders at the receiving track.

   L. 1985, c. 269, s. 4, eff. Nov. 5, 1985.