New Jersey A519 classifies inactive Internet gaming account balances as unclaimed property after three years.
New Jersey A519 amends existing law to classify amounts remaining in inactive Internet gaming accounts as unclaimed property after three years. Previously, these balances were split between the casino licensee and the casino control fund. Now, they will be subject to the "Uniform Unclaimed Property Act." This change aims to ensure that inactive accounts are properly managed and any remaining funds are appropriately handled.
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