N.J. Admin. Code § 13:69N-1.13

Current through Register Vol. 56, No. 21, November 4, 2024

Section 13:69N-1.13 - Sports pool reports; wagering revenue; reconciliation

(a) The sports pool system shall generate the following daily reports for retail operations, which shall include the gaming date, in a format approved by the Division's Revenue Certification Unit:

1. A Sports Pool Intake Summary Report, which includes the following transaction information for each cashiering location:

i. Tickets sold;

ii. Tickets paid;

iii. Tickets voided;

iv. Each ticket cancelled;

v. Sports pool voucher issued;

vi. Sports pool voucher redeemed;

vii. Over or short amount to cashier's drawer; and

viii. Grand total of each transaction type for all cashiers;

2. A Sports Pool Results Detail Report, which shall include the following for each event type (for example, NFL, NBA, MLB, NCAA by sports, parlay, etc.):

i. Ticket sales;

ii. Tickets paid;

iii. Tickets voided;

iv. Tickets canceled;

v. Expired tickets;

vi. Net sports pool gross revenue; and

vii. Grand total of each transaction type for all events;

3. A Sports Pool Ticket Expiration Detail Report, which shall list the following for each expired ticket:

i. Ticket identification number;

ii. Date and time of issuance;

iii. Event;

iv. Wager description;

v. Bet amount; and

vi. Payout amount;

4. A Sports Pool Voucher Expiration Detail Report, which shall list the following for each expired ticket:

i. Voucher number;

ii. Date and time of issuance; and

iii. Amount;

5. A Sports Pool Voided Ticket Report, which shall include the following:

i. Ticket number;

ii. Date and time of issuance;

iii. Event;

iv. Wager description;

v. Bet amount;

vi. Cashier name or identification number; and

vii. Reason for void;

6. A Sports Pool Canceled Ticket Report, which shall include the following:

i. Ticket number;

ii. Date and time of issuance;

iii. Event;

iv. Wager description;

v. Bet amount; and

vi. Reason for cancelation;

7. A Sports Pool Ticket Liability Report, which shall list the following for each outstanding ticket:

i. Ticket number;

ii. Date and time of issuance;

iii. Event;

iv. Wager description;

v. Amount; and

vi. Status (for example, pending or complete); and

8. A Sports Pool Voucher Liability Report, which shall list the following for each unpaid voucher:

i. Voucher number;

ii. Date and time of issuance; and

iii. Amount.

(b) Sports pool gross revenue for retail operations shall equal the total of all wagers received less voided or canceled wagers and amounts paid out for winning wagers, as reported on the Sports Pool Results Summary Report.

(c) An accounting department employee shall reconcile the Sports Pool Results Summary Report to the Sports Pool Intake Summary Report. Any discrepancy shall be reported to the Division's Revenue Certification Unit.

(d) A casino accounting department employee shall increase sports pool revenue for any overages identified on the Sports Pool Intake Summary Report, unless otherwise authorized by the Division's Revenue Certification Unit.

(e) The sports pool system shall generate the following daily reports for each retail and online operation, including the gaming date, in a format approved by the Division's Revenue Certification Unit:

1. A Sports Pool Wagering Detail Report, which includes the following transaction information:

i. Transaction time;

ii. Patron account identifier (for online operations);

iii. Wager identification number;

iv. Event type;

v. Wager description;

vi. Event date;

vii. Wager placed amount;

viii. Wager paid amount;

ix. Voided wager amount;

x. Canceled wager amount;

xi. Resettled wager adjustment amount; and

xii. Transaction impact on sports pool revenue;

2. A Sports Pool Voided Wager Report, which shall include the following:

i. Transaction time;

ii. Patron account identifier (for online operations);

iii. Ticket wager identification number;

iv. Date and time of issuance;

v. Time of void;

vi. Event type;

vii. Wager description;

viii. Event date;

ix. Wager amount;

x. Cashier employee name or identification number; and

xi. Reason for void;

3. A Sports Pool Canceled Wager Report, which shall include the following:

i. Transaction time;

ii. Patron account identifier (for online operations);

iii. Ticket wager identification number;

iv. Date and time of issuance;

v. Event type;

vi. Wager description;

vii. Event date;

viii. Wager amount; and

ix. Reason for cancelation; and

4. A Sports Pool Resettlement Report, which shall include the following:

i. Patron account identifier (for online operations);

ii. Wager identification number;

iii. Event type;

iv. Wager description;

v. Date and time of initial settlement;

vi. Date and time of resettlement;

vii. Unsettled amount;

viii. Resettled amount; and

ix. Net adjustment.

(f) The sports pool system shall generate, on a monthly basis, both a retail Sports Pool Wager Liability Report and an Online Sports Pool Wager Liability Report, as applicable, in a format approved by the Division's Revenue Certification Unit. The report(s) shall be generated for the last day of each month and shall also be produced upon demand, as requested by either the Division or the affiliated casino or race track. The report(s) shall include the:

1. Date generated;

2. Patron account identifier (for online operations);

3. Wager identification number;

4. Event type;

5. Wager description;

6. Date and time of issuance;

7. Event date;

8. Amount; and

9. Status (for example, pending or complete).

N.J. Admin. Code § 13:69N-1.13

Adopted by 50 N.J.R. 1652(a), effective 7/16/2018

Amended by 51 N.J.R. 1514(b), effective 10/7/2019