N.J. Admin. Code § 13:69H-1.5

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

Section 13:69H-1.5 - Junket enterprises and representatives

(a) Pursuant to N.J.S.A. 5:12-102.c, all junket enterprises and junket representatives not employed by a casino licensee or applicant or any person employed by a junket enterprise or junket representative in a managerial or supervisory position, shall be licensed in accordance with N.J.S.A. 5:12-92.a(3). Payments totaling less than $ 25,000 in the same calendar year from a New Jersey junket enterprise licensee or applicant to an individual or entity licensed or registered as a junket enterprise or junket representative in a United States gaming jurisdiction shall not require that junket enterprise or junket representative to be licensed in accordance with N.J.S.A. 5:12-92.a(3).

(b) A casino licensee or applicant may do business with a junket enterprise or junket representative prior to the licensure of that junket enterprise, junket representative, or any person employed by a junket enterprise or junket representative in a managerial or supervisory position, provided that the enterprise has filed the appropriate vendor registration form(s) and application for licensure pursuant to 5:12-92.a(3).

Amended by 49 N.J.R. 3779(b), effective 12/4/2017