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New Jersey Statutes, Title: 5, AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS
Chapter 5: New Jersey Racing Commission, powers, duties; definitons.
Section: 5:5-116: Distribution of wagers
7. Except as otherwise provided in sections 8 and 10 of this act, and in sections 7 and 8 of P.L.1991, c.411 (C.5:5-123 and 5:5-124) and by the rules and regulations of the commission with respect to interstate common pools, sums wagered at the receiving track shall be deposited in the appropriate parimutuel pool generated at the in-State sending track for the race being transmitted and shall be distributed pursuant to P.L.1940, c.17 (C.5:5-22 et seq.) as if such sums were wagered at the sending track. Payment to persons holding winning tickets at the receiving track shall be made according to the same odds as those generated at the in-State sending track.
L.1985,c.269,s.7; amended 1991,c.411,s.2.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 5:5-116 (if available):
Court decisions that cite this statute: CLICK HERE.