New Jersey A4002 mandates sports wagering licensees to set and publicize rules on wagering account limitations and notify patrons when accounts are.
New Jersey A4002 requires sports wagering licensees to adopt rules governing limitations on wagering accounts, including play times, maximum wager amounts, and deposit and withdrawal restrictions. These rules must be approved by the Division of Gaming Enforcement and made publicly available. Licensees must also notify patrons in writing when account limitations are imposed and review these limitations periodically. Annual reporting on the frequency and type of account limitations is required, with the division having the authority to request additional information to ensure compliance.
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