New Jersey seeks to seize inactive online gambling accounts for your protection
Have you taken a break from online gambling, but have a balance with your online account? If so, New Jersey officials want your money, and they’re going to take it if they can and hold it for you.
They say it’s to prevent gaming sites from taking your money and running off with it.
A bipartisan group of New Jersey lawmakers has introduced a bill that would redefine how funds left in inactive internet gaming accounts are handled, transferring the unclaimed money to the state’s unclaimed property program after three years of dormancy.
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