New Jersey Administrative Code
Title 13 - LAW AND PUBLIC SAFETY
Chapter 47 - RULES OF LEGALIZED GAMES OF CHANCE
Subchapter 20 - CONDUCT OF CASINO NIGHTS
Section 13:47-20.12 - Imitation money sales; restrictions; amounts
Universal Citation: NJ Admin Code 13:47-20.12
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The value of imitation money shall be marked on each chip, script, ticket or token or shall be color coded.
(b) The minimum exchange rate shall be $ 2.00 of imitation money for every $ 1.00 of legal currency.
(c) Imitation money shall be:
1. Issued in full dollar
amounts;
2. Distributed at the time
and place of the event at which it is to be used;
3. Sold by a banker at a banker's window;
and
4. Used to place wagers, pay
winnings or redeemed for raffle tickets or merchandise prizes.
(d) Any script or ticket used in a casino night event shall bear the date of the event and the name of the organization holding the event.
Disclaimer: These regulations may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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