N.J. Admin. Code § 13:74D-2.2 - Grant of initial sports wagering license to a former racetrack
(a) The owner
and/or lessee of the property upon which existed a former racetrack may make
application for an initial sports wagering license, pursuant to the
requirements of
N.J.A.C.
13:74D-2.1, to conduct sports wagering on
that property, upon satisfying the following prerequisites:
1. The property owner shall provide a copy of
the deed to the land and a physical description of same to the Racing
Commission's Executive Director to prove ownership.
2. The property lessee shall provide a copy
of the lease, which shall run for a period not less than five years from the
date of the application, and a copy of the deed, which shall indicate that the
land is under fee ownership of the lessor, to the Racing Commission's Executive
Director.
Notes
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