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 all 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 statewide advertising of remote raffles, ensuring compliance with the commission's regulations. Organizations conducting these raffles will be able to hold multiple, consecutive, or simultaneous raffles at their discretion. Furthermore, the bill emphasizes the importance of transparency by requiring organizations to maintain detailed records and submit verified statements to the commission regarding gross receipts, expenses, and net proceeds from each raffle.
Statutes affected: Introduced: 5:8-51, 5:8-62