New Jersey Administrative Code › Title 13 - LAW AND PUBLIC SAFETY › Chapter 74 - OFF-TRACK WAGERING AND ACCOUNT WAGERING › Subchapter 2 - APPLICATION FOR INITIAL OFF-TRACK WAGERING LICENSE; APPLICATION FOR RENEWAL OF OFF-TRACK WAGERING LICENSE › Section 13:74-2.3 - Prerequisites to and procedures for renewal of an off-track wagering license

Current through Register Vol. 56, No. 14, July 15, 2024
(a) These procedures shall apply where the
				applicant has been granted an initial license for an off-track wagering
				facility, which initial license has not lapsed, and where the applicant or its
				successor in interest makes proper application for the renewal of its
				license.
(b) A renewal license for
				an off-track wagering facility, as issued by the Commission, shall run for a
				one year period commencing January 1 and ending on December 31 of the same
				year. Where, however, an initial one-year off-track wagering license granted
				pursuant to the procedure set forth in N.J.A.C. 13:74-2.1 or 2.2 shall expire
				during a calendar year, the Commission on a one-time basis and at no additional
				cost to the off-track wagering licensee may extend the initial license period
				to the last day of December of the year in question upon the written request of
				the licensee if the licensee is in full compliance with the Act, this chapter,
				and any conditions imposed by the Commission.
(c) A renewal application for an existing
				off-track wagering facility license shall be made by the off-track wagering
				licensee on a form prescribed by the Commission, accompanied by a
				non-refundable filing fee of $ 1,250 and shall be filed no later than October
				15 of the year prior to that for which the license renewal is sought.
(d) A renewal application filed by
				the Authority on behalf of itself or on behalf of a permit holder that is a
				party to the participation agreement shall not be considered complete unless
				the permit holder or permit holders at Monmouth Park and the thoroughbred and
				standardbred permit holder or permit holders at the Meadowlands Racetrack have
				scheduled at least the minimum number of live race dates required by
				N.J.S.A.
				5:5-156.
(e) The off-track wagering licensee has
				completely answered each question within the renewal application, attached all
				documents required by the application, and complied with the requirements of
				this section.
(f) Should the
				licensee have changed its written internal control procedure since the filing
				of a prior application for removal or for the initial grant of the off- track
				wagering license, the renewal application shall include as attachments, the
				newly amended written internal control procedures as required by
				N.J.A.C.
				13:74-2.1d) and 2.2(d).
(g) The renewal application shall be
				accompanied by a certification, signed and dated by a high managerial agent of
				the off-track wagering licensee, attesting that the disclosures within the
				application and its attachments are true, accurate and complete.
(h) Following the Executive Director's
				determination that the renewal application is complete, the Executive Director
				shall present the application to the Commission at a public meeting of the
				Commission.
(i) The Commission
				shall approve the off-track renewal license where the off-track wagering
				licensee demonstrates by clear and convincing evidence that:
1. The plan for the continued operation of
				the facility, including its size, seating capacity, parking and services to be
				provided, reflects appropriate standards of quality;
2. The renewal will not be inimical to the
				interests of the public and the horse racing industry in this State;
3. The participation agreement meets the
				requirements of the Act and is consistent with current law to the satisfaction
				of the Commission and Attorney General; and
4. The off-track wagering licensee is in
				compliance with the Act, this chapter and any conditions imposed upon it by the
				Commission.