Where a penalty has been issued or adopted in a final decision, the licensee may submit a written request to the Executive Director for a stay pending appeal to the Appellate Division of the Superior Court of New Jersey, which shall set forth all facts and arguments in support of the stay request. The Executive Director may deny a stay request if he or she determines that the grant of a stay would be adverse to the best interests of off-track wagering or the account wagering system, as the case may be, or adverse to the best interests of racing or inimical to the integrity of the sport. The decision of the Executive Director on the stay request shall constitute a final decision which may be appealed to the Appellate Division.
N.J. Admin. Code § 13:74-5.13