NJ ANNOUNCES TEMPORARY RULES FOR FANTASY SPORTS TOURNAMENTS

(The following is a reformatted version of a corrected
press release issued by the New Jersey Division of Gaming
Enforcement and received via e-mail. The corrected link at the
bottom of the release was confirmed by the sender.) 
March 18, 2013 
Division of Gaming Enforcement Announces Temporary Adoption of
Regulations for Fantasy Sports Tournaments in Atlantic City
Casinos 
ATLANTIC CITY -The Division of Gaming Enforcement announced
today the temporary adoption of regulations which authorize
Atlantic City casinos to offer fantasy sports tournaments to
their patrons.  The regulations will become effective April 22,
2013. 
“The casinos’ vast customer base and the ability to have contest
winners utilize the casino cage to accept entry fees for fantasy
sports tournaments and pay out winnings resulting from those
tournaments provides an exciting opportunity to bring fantasy
sports tournaments to Atlantic City,” said Director David
Rebuck. “We see this as an added amenity and beneficial to the
casinos and their customers.” 
The regulations permit the casinos, by themselves or in
partnership with fantasy sports providers, to offer fantasy
sports tournaments or contests. 
“These regulations continue to ensure integrity in gross revenue
accounting by allowing the Division to maintain the authority to
approve how transactions relating to fantasy sports tournaments
are processed by the casino cage,” said Rebuck.  The casinos
will be required to submit to the Division internal controls on
their cage processes. 
The minimum age for participation in fantasy sports tournaments
at a casino is 21. 
The temporary regulations will remain in effect for a period of
270 days. Within that time period, the Division will propose
them for final adoption. 
The regulations on fantasy sports games (N.J.A.C. 13:69P) can be
found at http://www.nj.gov/oag/ge/temporaryorders.html 
For Further Information Contact:
Lisa Spengler (609) 317-6201 
(sgp) NY 
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