Bill > A2575

This bill makes several changes to the regulation of casino gaming in New Jersey, including expanding the definition of "Corporate Officer" to include a chief compliance officer, clarifying how the value of merchandise in a jackpot is calculated for "Gross Revenue" (the total money received from gaming operations minus winnings paid out), and shifting oversight for certain applicant qualifications from the Casino Control Commission to the Division of Gaming Enforcement. A significant provision allows for the use of mobile devices to place wagers on sports or athletic events within approved hotel facilities of a casino, provided the player has an account, the wager is placed and paid in person within the facility, and the device is inoperable outside these boundaries. The bill also includes provisions related to the Casino Reinvestment Development Authority's assets and revenues, though the specific details of these limitations are not fully elaborated in the provided text.