New Jersey Statutes
§ 5:5-195 — Transfer to individual racetrack permit holder.
New Jersey·Title 5 AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS
6.The authority may transfer the operation and control of a fixed odds wagering operation to an individual racetrack permit holder if both the authority and racetrack permit holder mutually agree to such transfer. The division and the Attorney General shall approve the transfer following the written agreement of the authority and racetrack permit holder. The division and the Attorney General shall review the agreement and determine if the racetrack permit holder has the appropriate apparatus to operate as a licensee of a fixed odds wagering system. If the transfer is not approved by the division and the Attorney General, the authority shall remain the fixed odds wagering licensee. Any agreement between the authority and a racetrack permit holder that does not receive approval from the div
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Nearby Sections
15
§ 5:5-110
Short title§ 5:5-111
Definitions§ 5:5-112
Intertrack wagering license§ 5:5-113
Joint application requirements§ 5:5-114
Filing of objection§ 5:5-115
No substitution of in-State races§ 5:5-116
Distribution of wagers§ 5:5-117
Distribution of purse money.§ 5:5-118
Intertrack wagering declared lawful§ 5:5-121
Rules, regulations§ 5:5-122
Interstate common pools