This bill amends existing laws to allow licensed organizations in New Jersey 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 mandates that these regulations be adopted within 180 days of the bill's enactment and includes provisions for statewide advertising of remote raffles. Additionally, it removes previous limitations on the value of prizes that can be awarded in raffles and permits remote raffles to be held on Sundays, which was previously prohibited.
Furthermore, the bill stipulates that winners of remote raffles must be determined and prizes awarded within 365 days of the raffle's start date, with the requirement that winning ticket numbers be posted on the organization's website. Organizations conducting remote raffles are also required to submit quarterly reports detailing gross receipts, expenses, net proceeds, and prize values to the control commission. This comprehensive approach aims to modernize the conduct of raffles in New Jersey, enhancing accessibility and transparency while ensuring compliance with regulatory standards.
Statutes affected: Introduced: 5:8-51, 5:8-62