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Can you summarize NJAC 13:69Q-1.3?
FIXED ODDS WAGERING > General requirements for online fixed odds wagering
Short Summary
This document governs the requirements for online fixed odds wagering in New Jersey. It applies to licensed wagering operators accepting wagers from patrons online. The operators must perform a system integrity and security assessment conducted by an independent professional approved by the Division. The assessment report must include the scope of the review, the individuals who conducted the assessment, findings, recommended corrective actions, and the operator’s response. Online wagers can only be accepted from patrons located in New Jersey, unless permission is granted for acceptance from another jurisdiction. Licensed operators can offer fixed odds wagers on races approved by the Racing Commission. The operators must ensure patrons are located in approved locations when placing wagers. The minimum age for online fixed odds wagering is 18 years, and patrons must establish an online wagering account. The document also includes requirements for displaying responsible gambling messages, logging previous log-on times, suspending accounts, and ensuring the integrity of client terminal software. It further addresses internal controls, terms and conditions, equipment location, patron protection, employee training, and handling of patron complaints. Non-compliance with security assessment requirements may result in a civil penalty.
Whom does it apply to?
Licensed wagering operators accepting wagers from patrons online
What does it govern?
Online fixed odds wagering
What are exemptions?
Licensed wagering operators may accept online wagers from patrons located outside of New Jersey if granted permission by the Division and if they comply with all applicable laws and receive consent from the track offering the event.
What are the Penalties?
Failure to obtain the required security assessment may result in a civil penalty of not less than $5,000. Other penalties for non-compliance are not specified.
Jurisdiction
New Jersey