New Jersey State Senator Jennifer Beck lauded Governor Chris Christie’s signing of two bills into law, S-831/A-2513 and S-2390/A-3511.
“I am very proud to have sponsored both of these bills, ” said Beck, who sponsored both bills, “and am appreciative that Governor Christie saw fit to sign them both into law. Horseracing has an opportunity to become, once again, a self-sustaining and financially thriving industry for New Jersey with the proper business model, and these bills both address aspects of the new model we have been working towards the past few years.”
S-831/A-2513 expands the ability for wagers to be place at racetracks or casino simulcasting facilities in under certain circumstances, thus increasing the number of wagers taken in on these races.
S-2390/A-3511 decreases the annual standardbred race dates to a minimum of 75, upon the consent of the Standardbred Breeders and Owners Association of New Jersey, while simultaneously increasing the maximum amount of certain purse money that may be distributed to aid horsemen to 5%.
“This bill increases flexibility, ” said Beck, “in determining the right amount of racing for New Jersey each year, while protecting the input of the Standardbred Breeders and Owners Association. We know that horseracing has the potential to be a true success in the State if given the proper support. I am grateful that Governor Christie has offered that support by signing this bill into law.”
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