N.J. Admin. Code § 13:74A-1.1

Current through Register Vol. 56, No. 24, December 18, 2024
Section 13:74A-1.1 - Definitions

The following words and terms, when used in this chapter, shall have the following meanings, unless the context clearly indicates otherwise:

"Account wagering licensee" means the New Jersey Sports and Exposition Authority, provided that the Racing Commission has granted its approval for the Authority to establish an account wagering system consistent with N.J.A.C. 13:74.

"Fixed odds wagering" means a form of horse racing wagering against odds offered by a bookmaker in which account holders may lock in their odds when the bet is first placed and no fluctuation in potential payout may occur.

"Fixed odds wagering licensee" means the New Jersey Sports and Exposition Authority (Authority), provided that the Division of Gaming Enforcement has granted its approval for the Authority or racetrack permit holder to establish fixed odds wagering.

"Off-track wagering licensee" means the New Jersey Sports and Exposition Authority, provided that the Racing Commission has granted its approval for the Authority to conduct an off-track wagering facility or facilities consistent with N.J.A.C. 13:74.

"Permit holder" means the holder of a permit issued by the Racing Commission, authorizing the holder thereof upon a racetrack premises in this State to conduct live thoroughbred or harness horse racing and to offer pari-mutuel wagering thereupon, all pursuant to N.J.A.C. 13:70 or 13:71.

"Self-exclusion list" means a list maintained by the Racing Commission, consisting of individuals who have complied with the procedure set forth in this chapter for placement thereupon.

"Self-excluded person" means an individual who has complied with the application procedure set forth in this chapter for voluntary placement upon the "self-exclusion list," whose name appears on the "self-exclusion list" maintained by the Racing Commission in accordance with this chapter, and who is subject to the provisions of this chapter.

N.J. Admin. Code § 13:74A-1.1

Amended by 54 N.J.R. 1919(a), effective 10/3/2022