N.J. Admin. Code § 13:47-20.12

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

Section 13:47-20.12 - Imitation money sales; restrictions; amounts

(a) The value of imitation money shall be marked on each chip, script, ticket or token or shall be color coded.

(b) The minimum exchange rate shall be $ 2.00 of imitation money for every $ 1.00 of legal currency.

(c) Imitation money shall be:

1. Issued in full dollar amounts;

2. Distributed at the time and place of the event at which it is to be used;

3. Sold by a banker at a banker's window; and

4. Used to place wagers, pay winnings or redeemed for raffle tickets or merchandise prizes.

(d) Any script or ticket used in a casino night event shall bear the date of the event and the name of the organization holding the event.

N.J. Admin. Code § 13:47-20.12