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 13:47-20.37 - Method of collecting poker revenue
Universal Citation: NJ Admin Code 13:47-20.37
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The casino night holder shall derive its poker revenue at all poker tables by extracting commission known as the "rake." Each casino night holder shall post on a sign on the poker table which shall describe:
1.
The types of rake utilized;
2. The
methodology used for calculating the rake;
3. The amount of maximum permissible rake;
and
4. Which one or more of the
following procedures shall be used in determining and extracting the rake:
i. A straight percentage rake, pursuant to
which:
(1) A fee, not to exceed 10 percent of
all sums bet in the betting round, shall be extracted from a pot and any side
pots;
(2) The amount to be raked
shall be calculated and extracted from the pot and any side pots after the
conclusion of a betting round and placed into the designated rake area as play
progresses; and
(3) Upon completion
of a round of play, the rake shall be immediately placed by the dealer into the
table inventory container;
ii. A rake which shall be taken in
incremental amounts, pursuant to which:
(1)
Assessments of predetermined amounts shall be extracted from the pot and any
side pots as certain predetermined dollar levels have been achieved;
(2) Upon collection, the amount to be raked
shall be placed into the designated rake area; and
(3) Upon completion of a round of play, the
rake shall be immediately placed by the dealer into the table inventory
container; and/or
iii. A
rake based on time charges, pursuant to which:
(1) Assessments may be imposed on a
"per-player" basis or on a "per-table" basis. If taken on a "per-player" basis,
inactive players seated at the table shall also be assessed;
(2) Time charges shall be expressed as an
hourly fee based on the particular minimum and maximum wagering limits at a
game;
(3) Time charges may be
assessed fractionally every 20 or 30 minutes as determined by the casino night
holder;
(4) Time charges once
assessed shall be placed by the dealer into the designated rake area;
and
(5) Upon verification by a
Class "A" casino night operator of the time charges collected, the rake shall
be immediately placed by the dealer into the table inventory
container.
(b) An uncalled final bet shall not be considered part of the pot for purposes of calculating the amount of rake pursuant to methods (a)4i and ii above.
(c) Once the dealer has extracted the rake and the pot and any side pots have been collectively the winning player or players, no additional rake shall be taken by the casino night holder.
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