New Jersey Statutes

§ 5:12-198 — Distribution of undistributed casino wagers.

New Jersey·Title 5 AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS
8.Sums wagered at a casino on races being transmitted to that casino from an in-State sending track shall be deposited in the parimutuel pool generated at the in-State sending track for those races and shall be distributed in accordance with the provisions of section 44 of P.L.1940, c.17 (C.5:5-64) or section 1 of P.L.1984, c.236 (C.5:5-64.1), as appropriate. The sums wagered at a casino which remain undistributed pursuant to those sections shall be distributed as follows: a. .50% of the parimutuel pool generated at the casino shall be paid to the New Jersey Racing Commission for deposit in the Casino Simulcasting Fund established pursuant to section 18 of this act; b. 8.25% of the pool generated at the casino for a race where the patron is required to select one horse, 9.25% of the pool

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Nearby Sections

15
§ 5:12-1 Short title; declaration of policy and legislative findings.
§ 5:12-1 Short title; declaration of policy and legislative findings.
§ 5:12-101
Credit.
§ 5:12-103 Alcoholic beverages in casino hotel facilities.
§ 5:12-103 Alcoholic beverages in casino hotel facilities.
§ 5:12-105 Disposition of securities by corporate licensee.
§ 5:12-105 Disposition of securities by corporate licensee.
§ 5:12-106 Casino employment.
§ 5:12-106 Casino employment.
§ 5:12-107 Conduct of hearings; rules of evidence; punishment of contempts.
§ 5:12-107 Conduct of hearings; rules of evidence; punishment of contempts.
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