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Can I offer contests that involve referral bonuses in New Jersey? What are the requirements?

Based on the context documents, it appears that offering contests that involve referral bonuses in New Jersey is not explicitly addressed. However, contests of skill in which a participant pays an entry fee for the opportunity to win a monetary prize or something else of value are not considered a game of chance and are not unlawful gambling under the laws of New Jersey [1.1].

To ensure compliance with New Jersey laws, it is recommended that you consult with an attorney familiar with gaming and contest laws in the state. Additionally, any contest should be structured as a contest of skill, with the winner or winners selected solely on the quality of an entry in the contest as determined by a panel of judges using uniform criteria to assess the quality of entries [1.1].

If you plan to offer contests that involve referral bonuses, it is important to ensure that the contest complies with all applicable laws and regulations. You may need to obtain certification from the Legalized Games of Chance Control Commission [3.1] and comply with any other relevant requirements.

It is also important to note that any prizes awarded in the contest must comply with the authorized payment period for Lottery prize award [2.1]. Additionally, the sale of tickets for the contest must occur at the licensed location specified in the license [4.1]. Finally, agents are prohibited from acquiring or distributing counterfeit items [5.1] and financial backers and others may need to be qualified and submit documentation to the Division [6.1].

Overall, it is recommended that you consult with an attorney to ensure that your contest complies with all applicable laws and regulations in New Jersey, including those related to gaming, contests, and lottery.

Source(s):
Jurisdiction

New Jersey