Current through Register Vol. 56, No. 18, September 16, 2024
(a) Wide
area progressive (WAP) links located in casinos in this State may be connected
to WAP links located in casinos licensed by another state of the United States
using a Division-approved progressive system to establish a shared multistate
progressive system (MSPS). The progressive system includes all hardware and
software responsible for the operation of the MSPS including, but not limited
to, the communication and configuration of the system.
(b) All participating state casino regulatory
agencies shall establish an agreement that shall address the following:
1. The method to ensure the accurate
accounting of all contributions;
2.
The method to ensure that each participating state's tax laws are adhered
to;
3. Procedures to ensure that
the amount required to be wagered in order to qualify for the multistate
progressive jackpot is identical in all participating states;
4. Procedures to ensure equal probability in
all participating states for winning the multistate progressive
jackpot;
5. Procedures for
progressive jackpot adjustments;
6.
Procedures to address multistate jackpots that occur simultaneously;
7. Procedures to address dispute
resolution;
8. Procedures regarding
the security of the MSPS including the game, communications, and monitoring
room;
9. Procedures to accept
additional participants once the link is established in casinos of more than
one state;
10. Procedures to ensure
the MSPS operator is credentialed in all participating states;
11. The method for withdrawal from the
MSPS;
12. MSPS parameter
requirements including:
i. Maximum odds for
obtaining the multistate jackpot;
ii. The base amount of the multistate jackpot
award;
iii. The reset amount of the
multistate jackpot award;
iv. The
rate of increment of the multistate jackpot award;
v. The hidden rate, which means the increment
rate for one or more reserve pools used to fund the next reset amount when
applicable; and
vi. Any other
parameter as may be required in order to ensure the proper accounting and
auditing of the MSPS; and
13. Procedures for the independent
reconciliation of the multistate jackpot amount when won.
(c) Each MSPS shall comply with Division
rules for WAP links set forth at N.J.A.C. 13:69D1.39A, 1.40B, and 1.40C and
13:69E1.39C.
(d) The maximum
permissible odds for any jackpot awarded as part of an MSPS shall be 150
million to one.
