New Jersey Administrative Code
Title 13 - LAW AND PUBLIC SAFETY
Chapter 69N - SPORTS POOL AND ONLINE SPORTS POOL WAGERING AT CASINOS AND RACETRACKS
Subchapter 2 - SPORTS POOL WAGERING AND FACILITY REQUIREMENTS
Section 13:69N-2.4 - Layoff wagers
Universal Citation: NJ Admin Code 13:69N-2.4
Current through Register Vol. 56, No. 18, September 16, 2024
A wagering operator may, in its discretion, accept a layoff wager from another New Jersey wagering operator. A wagering operator placing a layoff wager shall disclose its identity to the wagering operator accepting the wager. A layoff wager and, if applicable, a resultant payout shall not be included in the calculation of gross revenue.
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