Modifies certain operating requirements for simulcasting facilities; reduces minimum number of required annual thoroughbred races from 50 to 25.

S 3510 reduces the minimum number of annual thoroughbred races required at Monmouth Park and Meadowlands Racetrack from 50 to 25, pending written consent from the New Jersey Thoroughbred Horsemen's Association. It also modifies simulcasting facility rules to allow them to accept future wagers on races without receiving a simulcast transmission when open to the public. Additionally, the bill shortens the time for unclaimed cash vouchers from three years to one year, after which the value is split equally between the facility and the purse account. These changes directly affect racetracks, simulcasting operators, and horse racing associations in New Jersey.