{"data":{"id":"us-nj/n.j.-stat.-5-12-85","jurisdiction":"us-nj","citation":"N.J. Stat. § 5:12-85","heading":"Additional requirements.","body":"85.\tAdditional Requirements.\na.\tIn addition to other information required by this act, a corporation or other form of business organization applying for a casino license shall provide the following information, in such form as may be established by regulation:\n(1)\tThe organization, financial structure and nature of all businesses operated by the applicant; the names and personal employment and criminal histories of all officers, directors and such other employees of the applicant as the division may require; the names of all holding, intermediary and subsidiary companies of the applicant; and the organization, financial structure and nature of all businesses operated by such of its holding, intermediary and subsidiary companies as the division may require, including the names and personal employment and criminal histories of such corporate officers, directors and other employees of such holding, intermediary and subsidiary companies as the division may require;\n(2)\tThe rights and privileges acquired by the holders of different classes of authorized securities of the applicant and such companies as the division may require, including the names, addresses and amounts held by all holders of such securities;\n(3)\tThe terms upon which securities have been or are to be offered;\n(4)\tThe terms and conditions of all outstanding loans, mortgages, trust deeds, pledges or any other indebtedness or security devices utilized by the applicant;\n(5)\tThe extent of the equity security holding in the applicant of all officers, directors and underwriters, and their remuneration in the form of salary, wages, fees or otherwise;\n(6)\tNames of persons other than directors and officers who occupy positions specified by the division or whose compensation exceeds an amount determined by the division, and the amount of their compensation;\n(7)\tA description of all bonus and profit-sharing arrangements;\n(8)\tCopies of all management and service contracts;\n(9)\tA listing of stock options existing or to be created; and\n(10) Documentation establishing that it is qualified to do business in the State of New Jersey.\nb.\tEach holding, intermediary and subsidiary company of an applicant for or holder of a casino license shall be required to qualify to do business in the State of New Jersey; and\n(1)\tIf it is a corporation, register with the division and furnish the division with all the information required of a corporate licensee as specified in subsection a. (1), (2) and (3) of this section and such other information as the division may require; or\n(2)\tIf it is not a corporation, register with the division and furnish the division with such information as the division may prescribe.\nc.\t(Deleted by amendment, P.L.2011, c.19)\nd.\t(Deleted by amendment, P.L.2011, c.19)\ne.\t(Deleted by amendment, P.L.2011, c.19)\nf.\t(Deleted by amendment, P.L.2011, c.19)\ng.\t(Deleted by amendment, P.L.2011, c.19)\nh.\tEach applicant for or holder of a casino license, or any holding, intermediary and subsidiary company of an applicant for or holder of a casino license, and any affiliate thereof, and any other licensee, permit holder or vendor under P.L.1977, c.110 (C.5:12-1 et seq.), including but not limited to an applicant or holder of any license, permit, or other approval to conduct Internet gaming, or any Internet gaming affiliate in accordance with the regulations of the division, shall provide to the division on a quarterly basis the following information with respect to games conducted through the internet:\n(1)\tThe name of any person, entity or firm to whom any payment, remuneration or other benefit or thing of value has been made or conferred for professional services, including but not limited to legal, consulting and lobbying services;\n(2)\tThe amount or value of such payments, remuneration, benefit, or thing of value;\n(3)\tThe date on which such payments, remuneration, benefit, or thing of value were made; and\n(4)\tThe reason or purpose for the procurement of such services.\nL.1977, c.110, s.85; amended 1979, c.282, s.21; 1985, c.350, s.3; 1987, c.354, s.9; 1991, c.182, s.26; 2002, c.65, s.15; 2009, c.36, s.9; 2011, c.19, s.49; 2013, c.27, s.11.","path":["TITLE 5 AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"e597448ce5711a107180851c75d3b43af04dedba12a4e5e060001358deefef51","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-5-12-84","next":"us-nj/n.j.-stat.-5-12-85.1"},"notice":"GroundRules: Original legal text. Not legal advice."}