Atlantic Club closing
January 17th, 2014 at 4:06:18 AM
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The following are questions and answers about the progressive issue.
Questions: Mark Gruetze
Administrative Editor
Pittsburgh Tribune-Review
Answers: Lisa Spengler,
Public Information
Regulatory Enforcement Bureau
NJ Department of Law and Public Safety
Division of Gaming Enforcement
How many progressive machines did the Atlantic Club have?
> 152 stand alone progressives
> 18 linked local area progressives
> 11 wide area progressives - none of which were the last in the city
>
Were all of them multi-casino progressives?
> No they had a combination of stand alone progressives, local area
> progressives and multi-casino progressive.
If there were progressives that were within the Atlantic Club only, what happens to the amount set aside for the jackpots?
> Casinos are required to maintain reserve funds in an amount to sufficiently
> satisfy patron wins. They are not required to set aside money for
> progressive slot machine awards.
Is it returned to players through giveaways or other means?
> No. Atlantic Club acted pursuant to Division regulations N.J.A.C
> 13:69D-1.39(o). The regulations are available on the Division's website
> at:http://www.nj.gov/oag/ge/regulations.html.
Questions: Mark Gruetze
Administrative Editor
Pittsburgh Tribune-Review
Answers: Lisa Spengler,
Public Information
Regulatory Enforcement Bureau
NJ Department of Law and Public Safety
Division of Gaming Enforcement
How many progressive machines did the Atlantic Club have?
> 152 stand alone progressives
> 18 linked local area progressives
> 11 wide area progressives - none of which were the last in the city
>
Were all of them multi-casino progressives?
> No they had a combination of stand alone progressives, local area
> progressives and multi-casino progressive.
If there were progressives that were within the Atlantic Club only, what happens to the amount set aside for the jackpots?
> Casinos are required to maintain reserve funds in an amount to sufficiently
> satisfy patron wins. They are not required to set aside money for
> progressive slot machine awards.
Is it returned to players through giveaways or other means?
> No. Atlantic Club acted pursuant to Division regulations N.J.A.C
> 13:69D-1.39(o). The regulations are available on the Division's website
> at:http://www.nj.gov/oag/ge/regulations.html.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
January 17th, 2014 at 8:44:04 AM
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idea for a new casino:
step 1: fill it with ridiculously hard to win progressive jackpots
step 2: wait till you collect 100s of millions on them
step 3: live like kings!
step 4: close
step 1: fill it with ridiculously hard to win progressive jackpots
step 2: wait till you collect 100s of millions on them
step 3: live like kings!
step 4: close
January 17th, 2014 at 10:26:50 AM
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Quote: sodawateridea for a new casino:
step 1: fill it with ridiculously hard to win progressive jackpots
step 2: wait till you collect 100s of millions on them
step 3: live like kings!
step 4: close
Don't forget to ban the Wizard so he can't debunk your games.
Expect the worst and you will never be disappointed.
I AM NOT PART OF GWAE RADIO SHOW
January 17th, 2014 at 9:12:32 PM
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deleted
DUHHIIIIIIIII HEARD THAT!
January 17th, 2014 at 9:54:23 PM
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The link to New Jersey regulations doesn't work. From other articles I've seen, the casino has to give 30 days notice when removing stand-alone progressives which was not done.
I am a robot.
January 17th, 2014 at 9:57:25 PM
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Quote: sodawateridea for a new casino:
step 1: fill it with ridiculously hard to win progressive jackpots
step 2: wait till you collect 100s of millions on them
step 3: live like kings!
step 4: close
They can remain open but just can't reintroduce the same machine if it only has a single progressive.
I am a robot.
January 17th, 2014 at 10:33:17 PM
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Who here even really cares is they give the money away or not? You might care but do you really?Quote: onenickelmiracleThe link to New Jersey regulations doesn't work. From other articles I've seen, the casino has to give 30 days notice when removing stand-alone progressives which was not done.
This brings me to a question. Perhaps someone knows. How do gaming officials get there jobs? How long can they keep there jobs? What courts have jurisdiction over them? How can everyday people have a say in the gaming laws?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
January 17th, 2014 at 10:58:44 PM
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I do care because the rules and laws should be fair for everyone and nobody should be cheated and be legal. If the law states something must be purple, red or blue shouldn't be acceptable options.
To the best of my knowledge, gaming officials are usually appointed by governors to limited terms. They may have meetings you can attend, but am not sure of the participation or if they listen to reason.
To the best of my knowledge, gaming officials are usually appointed by governors to limited terms. They may have meetings you can attend, but am not sure of the participation or if they listen to reason.
I am a robot.
