N.J. Admin. Code § 13:69D-1.27

Current through Register Vol. 56, No. 24, December 18, 2024

Section 13:69D-1.27 - Procedures for establishing patron credit accounts, and recording checks exchanged, redeemed, or consolidated

(a) Prior to establishing a patron credit account, a casino employee with no incompatible functions shall prepare a patron account file that shall include the patron's name and address. The casino employee preparing the credit file shall record therein the date the file was prepared and his or her signature.

(b) A casino licensee shall establish procedures for separately recording all transactions pursuant to section 101 of the Act (N.J.S.A. 5:12-101) involving the Governor, any State officer or employee, or any special State officer or employee, any member of the Judiciary, any member of the Legislature, any officer of a municipality or county in which casino gaming is authorized, or any gaming related casino employee, and for the quarterly filing with the Attorney General, through the Division, of a list reporting all such transactions.

(c) For each patron requesting, and prior to the approval of an initial extension of credit, a casino licensee shall:

1. Prepare a credit application form that shall be included in the patron account file and upon which shall be recorded, at a minimum, the following information:

i. The patron's name, address and place of employment;

ii. Banking information including the name, address and account number of the patron's personal or sole proprietorship checking account upon which the patron is individually authorized to draw and upon which all Counter Checks and all checks used for substitution, redemption or consolidation will be drawn;

iii. The credit limit requested by the patron;

iv. The capacity of the patron if he or she is a person identified in (b) above; and

v. The patron's signature indicating acknowledgement of the following statement: "I certify that I have reviewed all of the information provided above and that it is true and accurate. I authorize (insert the name of the casino licensee) to conduct such investigations pertaining to the above information as it deems necessary for the approval of my credit limit. I am aware that this application is required to be prepared by the regulations of the Division of Gaming Enforcement and I may be subject to civil or criminal liability if any material information provided by me is willfully false.";

2. Verify the patron's identification in accordance with N.J.A.C. 13:69D-1.5A. Such verification shall include a comparison of the signature recorded on the application to the signature recorded in the patron's identification file; and

3. Verify the patron's banking account information, provided, however, that if a patron's bank declines to provide the verifying information, the casino employee requesting the information shall document and attest to the refusal and shall perform a credit check of the patron.

(d) The verifications required in (c)2 and 3 above shall be completed by a casino employee with no incompatible functions, who shall record in the file the date and time of the verification and his or her signature.

(e) A casino supervisor, other than the employee performing the verifications in (c) above, shall approve the initial credit limit. The casino supervisor approving the credit limit shall have no incompatible functions. The amount of the credit limit and the signature of the employee approving the credit limit shall be recorded in the patron account file with the date and time of the approval.

(f) Prior to approving a credit limit increase, a casino licensee shall:

1. Obtain a written request from the patron, which shall include:

i. The date and time of the patron's request;

ii. The amount of credit limit increase requested by the patron; and

iii. The signature of the patron; and

2. Document the approval of a credit limit increase in the patron's credit file by the signature of the authorizing employee and the amount approved in accordance with its internal controls. If the employee authorizing the increase is not available to sign the file, the employee may authorize a credit limit either verbally or electronically. The name of the employee receiving the verbal or electronic approval shall record in the file the name of the person authorizing the credit limit and the date and time the approval was received. Upon the authorizer's return to the casino, he or she shall sign and date the file. Nothing in this subsection shall preclude the use of remote access to obtain the signature of the employee authorizing the credit limit as authorized by N.J.A.C. 13:69D-2.

(g) Any patron having a check returned to any casino unpaid by the patron's bank shall have his credit privileges suspended at all New Jersey casino licensees until such time as the returned check has been paid in full or the reason for the derogatory information has been satisfactorily explained. All derogatory information concerning a patron's credit account shall be reported by each casino licensee on a daily basis to a casino credit bureau used by New Jersey casino licensees. Each New Jersey casino licensee shall request written documentation of any derogatory information pertaining to its patrons to be reported to that casino licensee on a daily basis by a casino credit bureau used by New Jersey casino licensees. All documentation obtained from the casino credit bureau shall be maintained in the patron's patron account file. Any casino licensee desiring to continue the patron's credit privileges on the basis of a satisfactory explanation having been obtained for the returned check may do so if the licensee records the explanation for its decision in the patron account file before accepting any further checks from the patron along with the signature of the credit department representative accepting the explanation.

N.J. Admin. Code § 13:69D-1.27

Amended by 47 N.J.R. 1954(a), effective 8/3/2015