N.J. Stat. § 5:5-130: Issuance of license to permit off-track wagering; establishment of facilities.

4. a. The commission is authorized to issue a license to the authority to permit off-track wagering at a specified facility upon application of the authority and in accordance with the provisions of this act. A license issued pursuant to this act shall be valid for a period of time to be determined by the commission, but for not less than one year. The commission shall renew any such license that is valid on, or issued after, the effective date of P.L.2025, c.302, upon filing of the necessary renewal forms with the commission and payment of any renewal fees required by the commission, provided the commission determines that the qualifications set forth in this subsection and any applicable regulations promulgated by the commission have been satisfied.

The commission shall issue a license pursuant to this subsection only if the permit holder at Monmouth Park and the thoroughbred and standardbred permit holders at Meadowlands Racetrack schedule at least the minimum number of race dates required in section 30 of this act, P.L.2001, c.199 (C.5:5-156), and it is satisfied that the authority has entered into a participation agreement with each and every other person, partnership, association, corporation, or authority or the successor in interest to such person, partnership, association, corporation, or authority that:

(1) held a valid permit to hold or conduct a race horse meeting within this State in the calendar year 2000 or holds a current, valid permit to hold or conduct a race horse meeting within this State;

(2) has complied with the terms of such permit; and

(3) is in good standing with the commission and the State of New Jersey.

An off-track wagering license may not be transferred or assigned to a successor in interest without the approval of the commission and the Attorney General, which approval may not be unreasonably withheld.

b. Any participation agreement entered into for the purposes of subsection a. of this section, or any modification to the agreement made thereafter, shall be reviewed by the commission and the Attorney General to determine whether the agreement meets the requirements of this act and shall be subject to the approval of the commission and the Attorney General.

c. (Deleted by amendment, P.L.2025, c.302)

d. (Deleted by amendment, P.L.2025, c.302)

e. (Deleted by amendment, P.L.2025, c.302)

f. Nothing in P.L.2001, c.199 (C.5:5-127 et seq.) shall be construed to limit the ability of a horsemen’s organization to enter into or enforce a participation agreement or any other partnership agreement with a horse racing permit holder for the operation of an off-track wagering facility pursuant to a valid license issued pursuant to P.L.2001, c.199 (C.5:5-127 et seq.).

L.2001, c.199, s.4; amended 2004, c.116, s.5; 2011, c.26, s.3; 2011, c.205; 2025, c.302, s.2.