New Jersey Proposes Seizing Funds from Dormant Online Gambling Accounts
New Jersey lawmakers have introduced a bipartisan bill aiming to address unclaimed funds in inactive online gambling accounts. The proposed legislation seeks to transfer unused account balances to the state’s unclaimed property program after three years of inactivity, ensuring rightful owners can reclaim their funds through a transparent process. Sponsored by Assemblymen Robert Auth (R-Bergen, […]

New Jersey lawmakers have introduced a bipartisan bill aiming to address unclaimed funds in inactive online gambling accounts. The proposed legislation seeks to transfer unused account balances to the state’s unclaimed property program after three years of inactivity, ensuring rightful owners can reclaim their funds through a transparent process. Sponsored by Assemblymen Robert Auth (R-Bergen, […]