Current through Register Vol. 56, No. 19, October 7, 2024
Section 13:47-20.12 - Imitation money sales; restrictions; amounts(a) The value of imitation money shall be marked on each chip, script, ticket or token or shall be color coded.(b) The minimum exchange rate shall be $ 2.00 of imitation money for every $ 1.00 of legal currency.(c) Imitation money shall be:1. Issued in full dollar amounts;2. Distributed at the time and place of the event at which it is to be used;3. Sold by a banker at a banker's window; and4. Used to place wagers, pay winnings or redeemed for raffle tickets or merchandise prizes.(d) Any script or ticket used in a casino night event shall bear the date of the event and the name of the organization holding the event.N.J. Admin. Code § 13:47-20.12