This bill amends existing laws to allow licensed organizations to conduct raffles remotely via the Internet, with regulations to be established by the Legalized Games of Chance Control Commission in consultation with the Division of Gaming Enforcement. The bill permits remote raffles to be held on Sundays, which was previously prohibited, and removes any limitations on the value of prizes that can be awarded. Additionally, it mandates that winners of remote raffles be determined and prizes awarded within 365 days of the raffle's initiation, and requires organizations to report quarterly on the results of their raffles.
The bill also includes provisions for the statewide advertising of remote raffles, ensuring compliance with the commission's regulations. Organizations conducting these raffles will be required to maintain detailed records and submit verified statements to the commission, outlining gross receipts, expenses, net proceeds, and prize values. Overall, the legislation aims to modernize the conduct of raffles in New Jersey, enhancing accessibility and transparency while promoting charitable activities.
Statutes affected: Introduced: 5:8-51, 5:8-62