QUESTION
Can I start an online skill-based competition in NJ similar to www.thebillionaireshop.com
Asked on Dec 19th, 2013 on Business Law - New Jersey
More details to this question:
I'd like to start a business just like www.thebillionaireshop.com in NJ. We will be selling tickets. Once the tickets are sold and a winner is drawn they have to answer a question about the prize to actually win it. Their website clearly states that "this is not a lottery"
1 ANSWER
You need information about gaming and gambling law. You should check the gaming regulations. A wrong move can result not only in civil fines and penalties, but criminal as well. Find a lawyer near you who deals with these issues.
Answered on Dec 23rd, 2013 at 4:07 PM