N.J. Admin. Code § 13:47-18.17

Current through Register Vol. 56, No. 21, November 4, 2024

Section 13:47-18.17 - Armchair race cashier

(a) An armchair race cashier shall:

1. Accept wagers and pay out winnings for successful wagers;

2. Exchange imitation money for merchandise or raffle tickets at the posted exchange rate;

3. Complete a ticket control and wager computation sheet for each race, daily double, trifecta, quiniela and exacta. Each sheet shall contain the following information:

i. Total number of tickets sold;

ii. Total dollar amount collected;

iii. Amount of commission;

iv. Distribution of winnings;

v. Winning entry or combination;

vi. Winners to be paid; and

vii. Total to be paid; and

4. Distribute the winnings.

(b) An armchair race cashier shall not:

1. Process transactions involving cash or money;

2. Work as a banker at the same armchair race event; or

3. Convert imitation money into cash or money.

N.J. Admin. Code § 13:47-18.17