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Can you summarize NJAC 13:74A-5.1?
ADMINISTRATIVE REQUIREMENTS FOR PERMITTED RACETRACKS, ACCOUNT WAGERING LICENSEE, OFF-TRACK WAGERING LICENSEE > Internal control procedures to be developed by permitted racetracks, licensed off-track wagering facilities, account wagering licensee, and fixed odds wagering licensee
Short Summary
This document pertains to the development and implementation of written internal control procedures by permitted racetracks, licensed off-track wagering facilities, account wagering licensee, and fixed odds wagering licensee in New Jersey. The internal control procedures need to be approved by the Racing Commission Executive Director or designee before implementation. The purpose of these procedures is to ensure that individuals on the self-exclusion list are not allowed access to the premises, and if they do gain access, they are promptly ejected. It also aims to withhold proceeds from wagering or any item of value associated with wagering from individuals who improperly access the premises or open wagering accounts while on the self-exclusion list. Additionally, the procedures require the removal of individuals on the self-exclusion list from targeted mailings or advertising, denial of access to credit or other benefits, and closure of existing wagering accounts. The document also mandates the posting of information about the New Jersey self-exclusion program at each facility and on the websites of permitted racetracks and licensed off-track wagering facilities. The permit holders and licensees are required to submit their internal control procedures to the Racing Commission for approval, and any amendments to these procedures must also be approved before implementation.
Whom does it apply to?
Permitted racetracks, licensed off-track wagering facilities, account wagering licensee, and fixed odds wagering licensee
What does it govern?
Internal control procedures to be developed by permitted racetracks, licensed off-track wagering facilities, account wagering licensee, and fixed odds wagering licensee
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
New Jersey