Automatic renewal of off-track wagering licenses in New Jersey.

New Jersey S3455 provides for the automatic renewal of off-track wagering licenses, removing the requirement for conditional renewal. Licensees must file the necessary forms and pay relevant fees to the commission for renewal. The bill also reduces the minimum number of annual thoroughbred races from 50 to 25, with written consent from the New Jersey Thoroughbred Horsemen's Association. Additionally, it allows for the acceptance of future wagers on horse races without simulcast transmission and reduces the timeframe for unpaid cash vouchers to lapse from three years to one year.

Automatic renewal of off-track wagering licenses in New Jersey.

New Jersey S3455 provides for the automatic renewal of off-track wagering licenses, removing the requirement for conditional renewal. Licensees must file the necessary forms and pay relevant fees to the commission for renewal. The bill also reduces the minimum number of annual thoroughbred races from 50 to 25, with written consent from the New Jersey Thoroughbred Horsemen's Association. Additionally, it allows for the acceptance of future wagers on horse races without simulcast transmission and reduces the timeframe for unpaid cash vouchers to lapse from three years to one year.