Proposes constitutional amendment giving Legislature authority to establish slot machine gambling at horse racetracks; dedicates revenues derived to support State-administered defined benefit retirement systems, casinos, improvements to Atlantic City, and horse racing.

This bill proposes a constitutional amendment to allow New Jersey's Legislature to establish slot machine gambling at horse racetracks. If approved by voters, it would permit racetracks to operate slots and wagering on horse races, with all state revenue from these activities required to fund state retirement programs, Atlantic City improvements, casino operations, and horse racing infrastructure. The amendment would override current constitutional restrictions on gambling, enabling legislative authorization without a public vote for this specific type of gambling. The bill is currently pending in the Senate committee (introduced January 9, 2024) and has not yet been enacted.