Reduces minimum number of annually required thoroughbred horse racing dates under certain circumstances.
Received in the Assembly, Referred to Assembly Tourism, Gaming and the Arts Committee
Summary
The legislation changes the minimum number of thoroughbred race days that Monmouth Park and Meadowlands must schedule each year. It allows the number to drop to 25 if the state does not fund the required purse subsidy, to 40 if funding falls short but exceeds $5 million, or to 25 with written consent from the New Jersey Thoroughbred Horsemen’s Association. It also adds consent‑based reductions for standardbred racing dates at Meadowlands and Freehold Raceway.
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