Requiring the State Lottery Commission to regulate the operation of
up to 15,500 video lottery terminals; requiring specified video
lottery operation licensees to maintain specified numbers of live
racing days; providing that the license of specified video lottery
operation licensees may be revoked if the Preakness Stakes Race is
transferred out of the State; establishing a Purse Dedication Account,
an Education Trust Fund, specified local development councils, and a
Compulsive Gambling Fund; etc.