N.J. Admin. Code § 13:69E-1.39A

Current through Register Vol. 56, No. 19, October 7, 2024

Section 13:69E-1.39A - Mandatory progressive parameters and meters

(a) The following progressive parameters shall be utilized for each progressive award offered by an individual progressive gaming device or link:

1. The base amount, which means the initial starting amount;

2. The reset amount, which means the base amount after a progressive is won;

3. The incrementation rate, which means the rate of progression;

4. The progressive limit, which means the maximum progressive value that can be reached when applicable;

5. The hidden rate, which means the increment rate for a reserved pool(s) used to fund the next reset amount when applicable;

6. The unreasonable contribution, which means an incrementation amount determined by the progressive gaming device to be invalid, when applicable; and

7. Any other parameter as may be required by the Division in order to ensure the proper accounting and auditing of a progressive gaming device.

(b) The following progressive meters shall be utilized for each progressive award offered by an individual progressive gaming device or link:

1. "Progressive In-meter" that continuously and automatically counts the number of qualifying wagers or other activity which causes progressive incrementation;

2. "Display Meter" that continuously, automatically and prominently displays to the patron the current value for each progressive jackpot award for a given game or link;

3. "Progressive Hits Meter" which continuously and automatically counts each time a progressive jackpot is won;

4. "Progressive Wins Meter" which continuously and automatically accumulates the dollar value of all progressive payouts for each progressive level;

5. "Overflow Meter" which continuously and automatically accumulates progressive amounts over the progressive limit when applicable;

6. "Reserved Pool Meter" which continuously and automatically accumulates progressive amounts for the purpose of funding progressive jackpots when applicable; and

7. Any other meter as may be required by the Division in order to ensure the proper accounting and auditing of a progressive gaming device.

N.J. Admin. Code § 13:69E-1.39A