New Jersey Online Casino Promotions
NJDGE Publishes Guidelines for Promotional Offers at Online Casinos
In response to related inquiries regarding promotional programs that online casinos can use in promoting their websites, the New Jersey Division of Gaming Enforcement (NJDGE) published pertinent guidelines on when, how and what to offer once online betting facilities go live on November 26, 2013.
First off, the NJDGE made it clear that the guidelines are specifically for Internet-based promotional offerings, as the mechanics of these types of marketing tools generally require meeting the site’s wagering requirement, before players can cash out the money earned or won. Wagering requirement means that a player has to play and place bets at the online facility up to a specific amount required by the casino, before he or she can withdraw money received as cash bonus or winnings.
The NJDGE will allow approved Atlantic City casinos to offer Internet-based promotions to patrons, only after the operator has presented proof of the casino’s ability to generate accurate revenue reports, and shall commence after 30 days have lapsed since the Internet gaming facility became available to the public.
NJDGE requires operators to give players who enrolled in such types of promotions, the option to back out and withdraw money up to the amount he or she deposited. However, if a player loses the amount initially deposited as well as the cash bonus received in his or her account and before meeting the wagering requirement, the promo automatically ends.
Still, the NJDGE will allow the offering of promotional programs once the website goes live, for as long as the offers are similar to those extended by land-based casinos and that the mechanics are not in the same context as the Internet-centric offerings.