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

This constitutional amendment proposes to authorize the New Jersey Legislature to establish slot machine gambling at horse racetracks. If approved, the Legislature would pass laws detailing the specific kinds, restrictions, and control of slot machine gambling operations. The State’s share of revenues from slot machine gambling would be dedicated as follows: 60 percent to support the pension plans run by the State for public employees or to pay for the cost of pension obligation bonds; 30 percent to a consortium of casinos; seven percent for recovery, stabilization, or improvement of Atlantic.

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

This constitutional amendment proposes to authorize the New Jersey Legislature to establish slot machine gambling at horse racetracks. If approved, the Legislature would pass laws detailing the specific kinds, restrictions, and control of slot machine gambling operations. The State’s share of revenues from slot machine gambling would be dedicated as follows: 60 percent to support the pension plans run by the State for public employees or to pay for the cost of pension obligation bonds; 30 percent to a consortium of casinos; seven percent for recovery, stabilization, or improvement of Atlantic.