New Jersey Administrative Code
Title 13 - LAW AND PUBLIC SAFETY
Chapter 69N - SPORTS POOL AND ONLINE SPORTS POOL WAGERING AT CASINOS AND RACETRACKS
Subchapter 1 - CASINO SPORTS WAGERING LICENSES; CASINO AND RACE TRACK SPORTS WAGERING OPERATIONS
Section 13:69N-1.2 - General requirements for sports pools and online sports pools
Current through Register Vol. 56, No. 18, September 16, 2024
(a) A racetrack authorized to conduct a sports pool or online sports pool shall comply with all applicable requirements of:
(b) No casino or racetrack licensee shall operate or accept wagers from either a sports pool or online sports pool, unless the licensee has commenced operation in a sports wagering lounge, except that:
(c) An internet gaming affiliate may commence online sports wagering if an associated casino has commenced operation in a sports wagering lounge, except that online sports wagering may commence in a temporary sports pool facility for a period not to exceed nine months upon the approval of the Director if the lounge is under construction.
(d) A casino licensee, racetrack, or online sports wagering operator offering a sports pool or online sports pool shall maintain a cash reserve of an amount necessary to ensure the ability to cover both the outstanding unpaid winning sports pool wagers and the outstanding sports pool wagers where the outcome has not been determined. On a monthly basis, an attestation with an accounting of the required cash reserve shall be submitted to the Division.
(e) Each sports pool operator shall, prior to commencing operations, and annually thereafter, perform a system integrity and security assessment conducted by an independent professional selected by the licensee. The party performing the assessment and the scope of the assessment shall be approved by the Division. The independent professional's report on the assessment shall be submitted to the Division and shall include:
(f) A sports pool operator shall investigate each patron complaint and provide a response to the patron within five calendar days. For complaints that cannot be resolved to the satisfaction of the patron and which are related to patron accounts, settlement of wagers, and/or illegal activity, a copy of the complaint and licensee's response, including all relevant documentation, shall be provided to the Division or New Jersey Racing Commission, as applicable.
(g) An online sports pool operator shall only accept wagers from patrons that have been affirmatively located as being physically present in the State of New Jersey at the time of their wager.