N.J. Admin. Code § 13:69N-1.12 - Wagers and payouts greater than $ 10,000; suspicious activity
(a) An operator shall adopt procedures to obtain personally identifiable information from any individual who places any single wager in an amount of $ 10,000 or greater on a sports event while physically present in a racetrack facility or a casino.
(b) In order to prevent structuring and to ensure compliance with (a) above, a sports pool operator shall, prior to accepting any sports pool wager in excess of $ 3,000 or making a payout in excess of $ 3,000 on a sports pool winning wager:
1. Create a patron identification file and identify the patron in accordance with N.J.A.C. 13:69-1.5A;
2. Obtain and record the patron's Social Security number in the patron identification file; and
3. Record, on a log, the following information, at a minimum:
i. Date of the wager or payout;
ii. Name of the patron;
iii. Name and signature of the sports pool operator employee authorizing the acceptance of the wager; and
iv. Name and signature of the ticket writer identifying the patron and generating the ticket or making the payout.
(c) A sports pool operator shall monitor for and report all suspicious activity related to sports wagering transactions.
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