New Jersey to Affiliates: Knock it Off!

New-Jersey-State-SealNew Jersey gambling regulators won’t prosecute companies that help facilitate illegal Internet gambling if they knock it off within 150 days.

In an advisory bulletin last week, New Jersey Gaming Enforcement Director David Rebuck said his agency will not prosecute any company that promoted, marketed or directed New Jersey customers to illegal Internet betting sites after legal Internet gambling began here in November 2013, provided they cease such activity in the next five months. The same amnesty will apply to companies that helped facilitate Internet bets after passage of a 2006 Unlawful Internet Gambling law.

“It is clear that those illegal online gaming sites who accept wagers from players in New Jersey pose a significant threat to the regulation of lawful gaming,” Rebuck wrote.

He said Internet gambling companies that are licensed by New Jersey had to go through an elaborate, time-consuming process that included a thorough investigation of their business history, the functionality of their systems, and the “good character, honesty, integrity and financial stability” of their executives and principal owners — requirements that illegal sites do not have.

More at CNBC

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