New Jersey Statutes Title 5. Amusements, Public Exhibitions and Meetings 5 § 5-119

Notwithstanding any other law to the contrary, the New Jersey Racing Commission, upon application by a receiving track and in accordance with applicable federal law, may permit the track to receive simulcast horse races of national interest held at out-of-State sending tracks and to conduct parimutuel wagering thereon. Except as provided by section 7 of P.L.1991, c. 411 (C. 5:5-123) and by the rules and regulations of the commission with respect to interstate common pools, all receipts from wagering under this section shall form a pool at the receiving track and shall be distributed pursuant to P.L.1940, c. 17 (C. 5:5-22 et seq.) as if those receipts were the product of wagering on live races at that time at the receiving track.