Notice of Proposed Rules
Date of Proposal: March 20, 2006
Proposal Number: PRN 2006-72

Proposal Description:
The proposal is to amend N.J.A.C. 13:70-29.52 to allow the Pick (N) races, which require a bettor to select the first-place finishers in at least four consecutive horse races --the letter N represents the actual number of such races -- to include a non-carryover method of payment. The perceived benefit of the change is that it will help boost permit-holder revenues by increasing the value of pick (N) payoffs and, as a result, generating more interest in wagering. As the rule currently exists, the Pick (N) pool is distributed under one of two methods approved by the New Jersey Racing Commission. Both methods mandate that a carryover provision be used when no bettor correctly selects all (N) winners in a Pick (N) event. The proposed amendment appears in the March 20, 2006 edition of the New Jersey Register.

Summary of Proposal:
A detailed 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
May 19, 2006. Please direct all comments to:

Gregory Copsetta, Assistant Director
New Jersey Racing Commission
P.O. Box 088, 140 East Front Street
Trenton, New Jersey 08625-0088

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