New Jersey S1997 classifies inactive Internet gaming accounts as abandoned property after three years.
New Jersey S1997 amends the "Uniform Unclaimed Property Act" to classify amounts remaining in inactive Internet gaming accounts as abandoned property after three years. Previously, these amounts were split between the casino licensee and the casino control fund. This change shifts the handling of these funds to the unclaimed property law, affecting online gaming account holders and the Division of Gaming Enforcement.
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