State Codes and Statutes
Statutes > New-jersey > Title-5 > Section-5-12 > 5-12-5-25:12-5.2 "Cash equivalent value."
2."Cash equivalent value" The monetary value that a casino licensee shall assign to a jackpot or payout that consists of merchandise or any thing of value other than cash, tokens, chips or plaques. The commission shall promulgate rules defining "cash equivalent value" in order to assure fairness, uniformity and comparability of valuation of jackpots and payoffs that include merchandise or any thing of value.
L.2002,c.65,s.2.
5:12-6."Casino"
6. "Casino" or "casino room" or "licensed casino" -- One or more locations or rooms in a casino hotel facility that have been approved by the commission for the conduct of casino gaming in accordance with the provisions of this act. "Casino " or "casino room" or "licensed casino" shall not include any casino simulcasting facility authorized pursuant to the "Casino Simulcasting Act," P.L.1992, c.19 (C.5:12-191 et seq.).
L.1977,c.110,s.6; amended 1991, c.182, s.4; 1996, c.84, s.1.
