Proposed constitutional amendment to allow slot machine gambling at New Jersey horse racetracks, dedicating revenues to retirement systems, casinos.

This bill proposes a constitutional amendment to authorize slot machine gambling at New Jersey horse racetracks. The amendment would allow the Legislature to pass laws permitting and regulating slot machine gambling at racetracks. Revenues from this gambling would be dedicated to support State-administered defined benefit retirement systems, casinos, improvements to Atlantic City, and horse racing. The amendment would limit who may receive a license to establish and operate slot machine gambling, initially to holders of New Jersey casino licenses operating on December 15, 2015.

Proposed constitutional amendment to allow slot machine gambling at New Jersey horse racetracks, dedicating revenues to retirement systems, casinos.

This bill proposes a constitutional amendment to authorize slot machine gambling at New Jersey horse racetracks. The amendment would allow the Legislature to pass laws permitting and regulating slot machine gambling at racetracks. Revenues from this gambling would be dedicated to support State-administered defined benefit retirement systems, casinos, improvements to Atlantic City, and horse racing. The amendment would limit who may receive a license to establish and operate slot machine gambling, initially to holders of New Jersey casino licenses operating on December 15, 2015.