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For Immediate Release:  
For Further Information Contact:
September 28, 2005

Office of The Attorney General
- Peter C. Harvey, Attorney General
N.J. Racing Commission
- Frank Zanzuccki, Executive Director

 

Lee Moore
609-292-4791

 

NOTICE OF PROPOSED RULES

Date of Proposal:
September 8, 2005

Proposal Number:
PRN 2005-359

Proposal Description:
The proposed rule would authorize a new type of wagering on thoroughbred horse racing known as the “Group Bet.” The Group Bet places a field of horses into three different categories. One horse is designated the “non-group horse” and the remaining horses are divided into two groups. The Group Bet is essentially a form of “win bet” on every horse in a chosen group. Having wagered on a specific group – and assuming one horse in that group wins the race -- a bettor need not be concerned with which specific horse won, because the payout will be the same. If the non-group horse wins, or any horse in the group the bettor did not select wins, the bettor loses. The proposed rule appears in the October 3, 2005 edition of the New Jersey Register.

Summary of Proposal:
A summary of the proposed rule is posted on the New Jersey Racing Commission Web site at:
www.njpublicsafety.org/racing/proposed.html

Public Comment:
Public comment on the proposed rule will be accepted until
December 2, 2005. Please direct all comments to:

Michael Vukcevich, Deputy Director
New Jersey Racing Commission
P.O. Box 088
Trenton, New Jersey 08625-0088

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