{"id":9678,"date":"2024-12-04T01:50:51","date_gmt":"2024-12-04T01:50:51","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=america&#038;p=9678"},"modified":"2024-12-04T01:50:52","modified_gmt":"2024-12-04T01:50:52","slug":"new-jersey-rethinks-dormant-online-gambling-accounts","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/","title":{"rendered":"New Jersey Rethinks Dormant Online Gambling Accounts"},"content":{"rendered":"\n<p>Lawmakers are eyeing changes to give account holders more time to reclaim forgotten balances and to ensure operators don\u2019t pocket a share of the unclaimed cash.<\/p>\n\n\n\n<p>Two bills \u2014 <a href=\"https:\/\/www.njleg.state.nj.us\/bill-search\/2024\/S152\" target=\"_blank\" rel=\"noreferrer noopener\">Senate Bill 152<\/a> (S152) and <a href=\"https:\/\/www.njleg.state.nj.us\/bill-search\/2024\/A397\" target=\"_blank\" rel=\"noreferrer noopener\">Assembly Bill 397<\/a> (A397)\u2014propose extending the recovery period for dormant accounts from one year to three, while redirecting all unclaimed funds to the state\u2019s unclaimed property fund.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.youtube.com\/watch?v=4d0WZjXrn98&amp;t=29s\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/assets\/feria24\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl.png\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p>Under the current rules, funds in accounts classified as abandoned after one year are divided between the operator and the Casino Control Fund. The proposed bills would overhaul this system, transferring all dormant account funds to a centralized state-managed account. This would give account holders three years to reclaim their money and impose stricter requirements on operators to notify users about their dormant balances.<\/p>\n\n\n\n<p>The legislation also reflects a growing push to hold operators accountable, with proponents framing the changes as a way to ensure that every effort is made to reconnect players with their forgotten funds.<\/p>\n\n\n\n<p><strong>A Familiar Debate<\/strong><\/p>\n\n\n\n<p>This isn\u2019t the first time New Jersey lawmakers have taken up the issue. Both S152 and A397 were introduced in January 2024 but stalled in committee, echoing similar proposals that failed to gain traction in 2022.<\/p>\n\n\n\n<p>However, new momentum may be building. The rapid expansion of New Jersey\u2019s online gambling market has brought fresh urgency to the debate, with advocates highlighting the potential for increased transparency and fairness in how unclaimed funds are managed.<\/p>\n\n\n\n<p>Neither bill has been scheduled for a vote, and significant movement is unlikely before 2025. If interest grows, hearings and committee discussions could bring the measures closer to becoming law.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lawmakers are eyeing changes to give account holders more time to reclaim forgotten balances and to ensure operators don\u2019t pocket a share of the unclaimed cash. Two bills \u2014 Senate Bill 152 (S152) and Assembly Bill 397 (A397)\u2014propose extending the recovery period for dormant accounts from one year to three, while redirecting all unclaimed funds [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9679,"menu_order":163,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[],"class_list":{"0":"post-9678","1":"america","2":"type-america","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Jersey Rethinks Dormant Online Gambling Accounts - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Jersey Rethinks Dormant Online Gambling Accounts - Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:description\" content=\"Lawmakers are eyeing changes to give account holders more time to reclaim forgotten balances and to ensure operators don\u2019t pocket a share of the unclaimed cash. Two bills \u2014 Senate Bill 152 (S152) and Assembly Bill 397 (A397)\u2014propose extending the recovery period for dormant accounts from one year to three, while redirecting all unclaimed funds [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/\" \/>\n<meta property=\"og:site_name\" content=\"Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-04T01:50:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/new-jersey-rethinks-dormant-online-gambling-accounts.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1001\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/\",\"name\":\"New Jersey Rethinks Dormant Online Gambling Accounts - Mundo Video Entertainment | Casino News in Latin America and the World\",\"isPartOf\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/new-jersey-rethinks-dormant-online-gambling-accounts.jpg\",\"datePublished\":\"2024-12-04T01:50:51+00:00\",\"dateModified\":\"2024-12-04T01:50:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/#primaryimage\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/new-jersey-rethinks-dormant-online-gambling-accounts.jpg\",\"contentUrl\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/new-jersey-rethinks-dormant-online-gambling-accounts.jpg\",\"width\":1001,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\/\/www.mundovideo.com.co\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Americas\",\"item\":\"https:\/\/www.mundovideo.com.co\/en\/america\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"New Jersey Rethinks Dormant Online Gambling Accounts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/#website\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/\",\"name\":\"Mundo Video Entertainment | Casino News in Latin America and the World\",\"description\":\"Gambling news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.mundovideo.com.co\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Jersey Rethinks Dormant Online Gambling Accounts - Mundo Video Entertainment | Casino News in Latin America and the World","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mundovideo.com.co\/en\/america\/new-jersey-rethinks-dormant-online-gambling-accounts\/","og_locale":"en_US","og_type":"article","og_title":"New Jersey Rethinks Dormant Online Gambling Accounts - Mundo Video Entertainment | Casino News in Latin America and the World","og_description":"Lawmakers are eyeing changes to give account holders more time to reclaim forgotten balances and to ensure operators don\u2019t pocket a share of the unclaimed cash. 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