New Jersey § 5:12-99

§ 5:12-99.

a. Each applicant for a casino license shall create, maintain, and file with the division a description of its internal procedures and administrative and accounting controls for gaming and simulcast

wagering operations that conform to the requirements of P.L.1977, c. 110 ( C.5:12-1 et seq. ), and the regulations promulgated thereunder, and provide adequate and effective controls, establish a consistent overall system of

internal procedures and administrative and accounting controls and conform to generally

accepted accounting principles, and ensure that casino procedures are carried out and supervised by personnel who

do not have incompatible functions . A casino licensee's internal controls shall contain a narrative description of the internal control system to be utilized

by the casino, including, but not limited to: (1) Accounting controls, including the standardization of forms and definition of

terms to be utilized in the gaming and simulcast wagering operations; (2) Procedures, forms, and, where appropriate, formulas covering the calculation of

hold percentages; revenue drop; expense and overhead schedules; complimentary services,

except as provided in paragraph (3) of subsection m. of section 102 of P.L.1977, c.

110 ( C.5:12-102 ); junkets; and cash equivalent transactions; (3) (Deleted by amendment, P.L.2011, c. 19 ) (4) Procedures within the cashier's cage and simulcast facility for the receipt, storage

and disbursal of chips, cash, and other cash equivalents used in gaming and simulcast

wagering; the cashing of checks; the redemption of chips and other cash equivalents

used in gaming and simulcast wagering; the pay-off of jackpots and simulcast wagers;

and the recording of transactions pertaining to gaming and simulcast wagering operations; (5) Procedures for the collection and security of moneys at the gaming tables and

in the simulcasting facility; (6) Procedures for the transfer and recordation of chips between the gaming tables

and the cashier's cage and the transfer and recordation of moneys within the simulcasting

facility; (7) Procedures for the transfer of moneys from the gaming tables to the counting process

and the transfer of moneys within the simulcasting facility for the counting process; (8) Procedures and security for the counting and recordation of revenue; (9) Procedures for the security, storage and recordation of cash, chips and other

cash equivalents utilized in the gaming and simulcast wagering operations; (10) Procedures for the transfer of moneys or chips from and to the slot machines; (11) Procedures and standards for the opening and security of slot machines; (12) Procedures for the payment and recordation of slot machine jackpots; (13) Procedures for the cashing and recordation of checks exchanged by casino and

simulcasting facility patrons; (14) Procedures governing the utilization of the private security force within the

casino and simulcasting facility; (15) Procedures and security standards for the handling and storage of gaming apparatus

including cards, dice, machines, wheels and all other gaming equipment; (16) Procedures and rules governing the conduct of particular games and simulcast

wagering and the responsibility of casino personnel in respect thereto; (17) Procedures for separately recording all transactions pursuant to section 101

of this act 1 involving the Governor, any State officer or employee, or any special State officer

or employee, any member of the Judiciary, any member of the Legislature, any officer

of a municipality or county in which casino gaming is authorized, or any gaming related

casino employee, and for the quarterly filing with the Attorney General of a list

reporting all such transactions; and (18) Procedures for the orderly shutdown of casino operations in the event that a

state of emergency is declared and the casino licensee is unable or ineligible to continue to conduct casino operations during such a state of emergency in accordance with section

5 of P.L.2008, c. 23 ( C.5:12-212 ), which procedures shall include, without limitation, the securing of all keys and

gaming assets. b. (Deleted by amendment, P.L.2011, c. 19 ) c. No minimum staffing requirements shall be included in the internal controls created

in accordance with subsection a. of this section. d. (Deleted by amendment, P.L.2011, c. 19 ) 1

N.J.S.A. § 5:12-101.