26 Feb: Sarlo Off-Track Wagering Bill Signed Into Law

TRENTON – A bill sponsored by Senator Paul A. Sarlo, a member of the Legislative Gaming Summit, which will make various changes to State law in order to promote the construction of off-track wagering (OTW) facilities and to give horse racing a tool to establish self-sustainability was signed into law yesterday by Governor Christie.

“Since its inception, off-track wagering has proven popular with horse-racing enthusiasts and has helped bring the excitement of race day to communities without the infrastructure for their own racetracks,” said Senator Sarlo, D-Bergen, Essex and Passaic. “Every year since they’ve been in operation, OTW parlors have been a proven economic success story, posting profits while other facilities are awash in red ink. This new law will help boost OTW development and create a new economic tool to help foster sustainability in New Jersey’s ailing horse-racing industry.”