Legislation sponsored by Senate Republican Leader Tom Kean and Senator Kip Bateman to allow pari-mutuel betting at the Far Hills Race Meeting was signed into law by Governor Chris Christie.
Gov. Chris Christie has signed legislation by Sen. Tom Kean and Senator Kip Bateman allowing pari-mutuel betting at the Far Hills Race Meeting. (Facebook/Far Hills Race Meeting)
The bill, A-1697/S-2394, authorizes the New Jersey Racing Commission to grant a special two-day permit annually to conduct a steeplechase race, and to allow wagering on the event.
“The signing of this legislation represents recognition of the Far Hills Race Meeting’s long history of supporting charitable causes and its positive impact on the region,” said Kean. “Wagering will expand the ability of the event to support local healthcare services and help maintain the viability of New Jersey’s horse farms.”
Robert Wood Johnson University Hospital Somerset has been a major beneficiary of the Far Hills Race Meeting. $17 million of proceeds from the race have helped fund the hospital’s Steeplechase Cancer Center.
“As someone who has attended the race for more than three decades, I have no doubt that wagering will add to this great New Jersey tradition,” added Bateman. “Most importantly, we’ve found a way to support open space, horse farms and healthcare in a very exciting way. It’s a win-win for everyone.”
An estimated 35,000 people attend the Far Hills Race Meeting each year.
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