With the commencement of legalized sports wagering in New Jersey in 2018, NJRC assumed responsibility for the initial licensing process for the State’s racetracks. In June, the NJRC issued an initial sports wagering license to Monmouth Park racetrack pursuant to the transactional waiver process authorized by the Legislature. Since then, licenses have also been granted to Freehold Raceway and the New Meadowlands Racetrack
In October 2018, for the first time, the NJRC regulated and oversaw the Far Hills Race Meeting held at Moorland Farm in Far Hills. Although the Far Hills Race Meeting has conducted the steeplechase meet for 98 years at this location, no wagering could take place on the races until this year. This process permitted parimutuel wagering onsite in Far Hills, as well as the simulcasting of the steeplechase races to racetracks and other sites within and outside of New Jersey.