NJ pulls out four new temporary gaming regulations
November 23, 2014
The New Jersey Division of Gaming Enforcement (DGE), the gaming regulator in the Garden State, came out last week with four new temporary online gaming regulations. The DGE has revealed these four new rules in order to continue with the regulation process that started last year on November 2013. Although the DGE has tried to do this quietly, the online gambling press has been the only one to perceive the changes on NJ gambling regulation. Online gambling journalist, Chris Grove, has been the first one to gather all of the information regarding the four new DGE regulations. However, this new set of rules is granting NJ online gambling market with more tools to make of this market the most successful one in the United States. The new four regulations are just minor changes, introduced to improve all kind of procedures inside of the online gambling market.
Rule 1: “Funding and access social game accounts”
Rule 2: “Celebrities and sponsored players. Internet gaming operators may employ celebrity or other players to participate in peer to peer games for advertising or publicity purposes. Such players may have their accounts funded in whole or in part by an Internet gaming operator. An Internet gaming operator may pay a fee to the celebrity player. If a celebrity player is employed and the celebrity player generates winnings which he or she is not permitted to retain, such winnings shall be included as Internet gaming gross revenue in a manner approved by the Division.”
Rule 3: “Server location. In another facility owned or leased by the casino licensee that is secure, inaccessible to the public, and specifically designed to house that equipment, and where the equipment shall be under the complete control of the casino Licensee or its Internet gaming affiliate, within the territorial limits of Atlantic City, New Jersey. For the purposes of this subsection, a secure facility within Atlantic City that is owned or leased by the casino Licensee to house Internet gaming equipment shall be considered to be part of the casino hotel facility notwithstanding that the facility may not be contiguous with the premises of the casino hotel.”
Rule 4: “Exclusivity for new games: Requirements and procedures for application, declaratory ruling, test or experiment, and final approval of new authorized game.”