N.J. Admin. Code § 13:69E-1.35

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

Section 13:69E-1.35 - Redemption of slot tokens and prize tokens from non-patrons; duty of patrons to surrender slot tokens and prize tokens upon demand

(a) Except as provided in (e) and (h) below and as may be specifically approved by the Division, each casino licensee shall redeem its slot tokens and prize tokens only from its patrons and shall not knowingly redeem its slot tokens and prize tokens from any non-patron source.

(b) Each slot token and prize token is solely evidence of a debt that the issuing casino licensee owes to the person legally in possession of the slot token or prize token, and shall remain the property of the issuing casino licensee. Each casino licensee shall have the right at any time to demand that the person in possession of the slot token or prize token surrender the item for redemption in accordance with (c) below.

(c) Each casino licensee, upon demand, shall have the right to redeem its slot tokens and prize tokens from any person in possession of them, who shall surrender the slot tokens and prize tokens upon the casino licensee presenting the person with an equivalent amount of cash.

(d) Notwithstanding (c) above, a casino licensee may apply all or any part of the slot tokens or prize tokens presented by a patron to the redemption of any Counter Check or Slot Counter Check drawn by the patron or to the payment of any returned check drawn by the patron provided that the casino licensee has given that patron written notice of such right of setoff and has obtained the patron's written acknowledgment thereof:

1. As part of the patron's credit application;

2. In a separate writing, which shall be maintained in the patron's credit file; or

3. On a Counter Check or Slot Counter Check drawn by the patron and issued pursuant to the rules of the Division, provided that a photocopy of the signed Counter Check or Slot Counter Check shall be maintained in the patron's credit file.

(e) Each casino licensee shall accept, exchange, use or redeem only slot tokens or prize tokens that it has issued and shall not knowingly accept, exchange, use or redeem slot tokens or prize tokens, or objects purporting to be slot tokens or prize tokens, that have been issued by any other person, except that each casino licensee may redeem from its patrons slot tokens or prize tokens issued by any other legally operated casino licensee upon a patron's representation that he or she received such tokens from the payout chutes of slot machines on the casino licensee's premises, or that the patron purchased or received such tokens as payment in a gaming transaction from an employee of the casino licensee during the normal course of the employee's duties on the premises while at work.

(f) Each casino licensee shall redeem promptly its own genuine slot tokens and prize tokens presented to it by any other legally operated casino licensee upon the representation that such slot tokens and prize tokens were received or accepted unknowingly, inadvertently or in error, were unavoidably received in slot machines through patron play, or mistakenly were redeemed from patrons. Each casino licensee shall submit to the Division for approval a system for the exchange, with other legally operated casino licensees, of slot tokens and prize tokens:

1. That are in its possession and that have been issued by any other legally operated casino licensee; and

2. That it has issued and that are presented to it for redemption by any other legally operated casino licensee.

(g) Each casino licensee shall cause to be posted and remain posted in a prominent place on all slot booths, the keno booth, all satellite keno booths, the simulcast counter and all coin redemption booths a sign that reads as follows:

"It is a violation of Federal law to use tokens issued by this casino outside these premises or to use tokens issued by another casino here."

(h) Employees of a casino licensee who are authorized to receive slot tokens or prize tokens as personal gratuities may redeem the slot tokens or prize tokens at the cashiers' cage or at another secure location in the casino hotel as approved by the Division. Slot tokens and prize tokens redeemed by employees at a non-cage employee redemption site shall be exchanged on a daily basis with the cashiers' cage pursuant.

N.J. Admin. Code § 13:69E-1.35