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For Immediate Release:  
For Further Information:
May 5, 2006

Office of The Attorney General
- Zulima V. Farber, Attorney General
N.J. Racing Commission
- Frank Zanzuccki, Executive Director

 

Lee Moore
609-292-4791

 

NOTICE OF PROPOSED RULES
Date of Proposal: May 1, 2006
Proposal Number: PRN 2006-132

Proposal Description: The proposal is to amend N.J.A.C. 13:70-29.63 to permit those who operate horse racing handicapping contests to offer such contests as a series of events, and to adjust the distribution of prize money accordingly. Presently, the rule allows a horse racing handicapping contest to be offered as a single contest, with all entry fees distributed as prizes to the winners of that one contest. The proposed amendment would allow the operator of a handicapping contest to offer the contest as a series of events, concluding with a final contest in the series. The proposed amendment also allows that, in cases where a handicapping contest is offered as a series, the operator may retain up to 25 percent of the total entry fees submitted prior to the final contest, then distribute that money among the winners of the final. The proposed amendment appears in the May 1, 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 June 30, 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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