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New Jersey Clarifies Online Gambling Rules

Thursday November 14 ,2013 : NEW JERSEY REGULATOR CLARIFIES ONLINE GAMBLING RULES (Update)
 
Bonuses a particular focus in latest advisory note.
 
In response to enquiries from operators gearing up for the opening of the New Jersey online gambling market, David Rebuck, the director of the state's Division of Gaming Enforcement, issued an advisory guideline Wednesday, which can be viewed in its entirety here:
 
http://www.nj.gov/oag/ge/docs/Bulletins/internetmarketingprograms.pdf
 
The subject of casino bonuses and No deposit bonuses frequently an area of tension between operators and players, received most attention, with the regulator providing examples illustrating the state's rules.
 
* Operators can offer bonuses with a cash-out restriction, commonly in the form of a wagerthrough requirement. However, players must always be allowed to withdraw an amount equal to their original deposit where their accounts have a credit balance.
 
* Once a player's account balance reaches zero, any bonus promo ends; in other words, operators may not carry forward the wager requirements to the next deposit by the player.
 
* The operator may require that a customer's first bets come from his or her deposit before the casino's matching funds are wagered.
 
* Players can abandon a promotional offer partway through, and cash out any initial deposit that remains in the player account.
 
* Full operator disclosure on the terms and conditions of any promo or bonus must be made, including details of wagering and cash-out restrictions.
 
* Operators may not impose a cap on winnings resulting from a bonus.
 
* In the case of the New Jersey market opening, there will initially be a 30-day moratorium on wager based promotions, counted from the first day on which online gambling is available generally to punters within New Jersey's borders.
 
* Operators who intend to offer such promotions must be able to domonstrate to the regulator that it has the administrative capability to to generate accurate revenue reports.
 
* None of these online gambling restrictions will apply where the operator has associated the promo with its land gambling promotional offerings.
 
In related news, a spokesperson for the New Jersey Division of Gaming Enforcement told media representatives Wednesday that online gambling in the state during the initial five day trial or "soft launch" period would be subject to time restrictions.
 
She said that real-money internet gambling will be limited to eight hours per day on the first two days of the trial period, which precedes the market’s official launch on November 26. On those days, real money betting will only be permitted between the hours of 6pm and 2am on November 21 and 22, with the window widening on November 23 to between 8am and midnight, finally extending around the clock on November 24 and 25.
 
The spokesperson also noted that if necessary the regulator can extend the trial period beyond November 25 if serious issues involving the systems being deployed surfaced.
 
The CEO of Ultimate Gaming, Tobin Prior, gave an indication of how much the regulator has limited the action during the five-day trial period by revealing that his company had been allowed just 500 'invitation only' concurrent players on its UCasino.com New Jersey website.
 
Ultimate is partnering with the Atlantic City land operation Trump Taj Mahal casino in its New Jersey online gambling enterprise.



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Microgaming in bingo software deal with Marathonbet - Marathonbet’s loyal customers will now be able to enjoy an extensive Bingo offering – marking another big expansion of its online gaming collection.

Microgaming QuickFire enters Coloumbia - Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.

Partypoker to sponsor WSOPC Uruguay - Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.

MLB Odds: Jays Hope to Spoil Orioles’ Visit - The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.

Money Storm Casino - Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.

Big Online SLot Win on Ultimate 10X Slot - At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000

MPN Greatest Poker Player in the Universe - The MPN announces the third annual Universal Championship of Poker (UCOP III), boasting €750,000 guaranteed across 59 tournament events this September

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Mercury Poker Live on Indian Poker Network - Mercury Poker Live on MPN's Indian Poker Network. MPN India, established in 2015, is a ring-fenced poker network dedicated to the Indian market and operating exclusively in Indian Rupees.

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