Parx Online Casino When Does Restricted Cash Turn To Cash

Interactive Gaming ramped up throughout the year with the PGCB receiving 10 petitions from Pennsylvania casinos and two outside gaming entities to offer casino-type games online. Interactive Gaming Licenses were granted to all 10 of the casinos and 3 began offering online gaming as of October 1, 2019. Parx Racing History Originally called Keystone Racetrack, it opened in November 1974 in Bensalem, Pennsylvania, it replaced Liberty Bell Park Racetrack as the area's thoroughbred track. When the track was purchased in 1984 by ITB, the racetrack received a new name, Philadelphia Park, a new turf course, and an innovative new way to wager called. #1 Casino in Pennsylvania. Philadelphia Casino, Racing, Entertainment, and Nightlife. Any unused or remaining “Restricted Bonus” funds after the expiration date will be forfeited. “Restricted Bonus” funds can only be used for online casino wagering and cannot be used for sports betting or retail casino play. “Restricted Cash” is used first towards completing the wagering requirement.

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• To contact PARX, please visit the Contact us page where you can see all of the possible options on how to contact the support team, who will be happy to help with any queries you may have over the phone, by email or instant chat.

• The Division of Gaming Enforcement (DGE) is the New Jersey Government body that regulates all online casino’s in New Jersey. More information on the DGE, as well as a list of regulated companies may be found on their website.

• To open an account, please go the Sign Up Page. Here you will be promoted to enter the necessary fields we require to open an account on our site. After we verify and confirm your provided data, you’ll be all set to start playing on the site!

• The wagering requirement breakdown is always listed in the terms and conditions of each promotion and can be found on our Promotions page.

• In order to deposit funds at PARX Online Casino, please visit the deposit screen which can also be found by clicking your balance at the top of your screen. From here you will be taken to our many payment providers, where you will be able to add funds to your account in order to start playing on the site. If you are having issues setting up your deposit methods, please feel free to contact our customer support team who will be happy to help!

• In order to withdraw funds at PARX Online Casino, please visit the withdrawal screen. From here you will be taken to our available withdrawal methods, where you will be able to withdraw your unrestricted funds from your account. If you are having issues setting up your withdrawal methods, please feel free to contact our customer support team who will be happy to help!

• You can fund your Parx Casino Account with Cash at the Cashier Cage at Ocean Casino Resort, New Jersey at any time. Simply go to the Cashier Cage and ask to make a deposit to your Parx Casino Account.

• You can make a cage withdrawal by requesting the withdrawal online in the 'Withdraw' section of our website. Once the Withdrawal has been requested it will be available at the Casino Cage in the Ocean Casino Resort, New Jersey from 48 hours after the Withdrawal request was made. Note you must receive a confirmation email that your withdrawal has been approved before you can pick up your cash.

• Players are restricted to having up to 3 credit or debit cards registered to their account. If you would like to add a new card then please delete an existing card from your account.

Offer Description:

Patrons of Parx Casino & Sportsbook are invited to opt-in via a web page available on pa.parxcasino.com and from marketing communication to participate in a Blackjack games leaderboard for a share of a $10,000 “Restricted Bonus.” Once opted-in between the campaign period, 4:00 pm to 11:00 pm any Blackjack game activity is counted towards a leaderboard where Patrons are ranked from highest to lowest based on $ wager on the eligible table games ($1 eligible table games wager equals to 1 leaderboard Point). Patrons can track their progress on a dedicated public web page. By the end of the campaign cycle period, eligible winners are announced and a “Restricted bonus” is credited to Patrons accounts.

Promotion Dates:

Thursday’s, July 16, July 30, August 13, August 27, September 10, September 24, 2020 4:00 to 11:00 pm EST

Eligibility:

Patrons who opt-in to the leaderboard campaign and participate in Blackjack games. All patrons who are at least 21 years of age. Employees of Parx Casino® and Parx Racing are not eligible to participate or wager. Additionally, Parx Casino® reserves the right to refuse or otherwise restrict your eligibility to participate in any Promotion for any reason, in our sole discretion, including based on patron wagering patterns or wagering history or betting on both sides of a game or if the patron failed to take advantage of any previous Promotion in good faith

Qualification Criteria:

Patrons who opt-in to the leaderboard campaign and participate in Blackjack games. Only 1 (one) entry is permitted per Patron

Prizes redemption:

“Restricted bonus” Prize Pool distribution:

When Patrons are tied for a single position, the prize pool “Restricted bonus” for each of those Patrons is the evenly divided amount of the total “Restricted bonus” the Patrons would have been awarded had they all finished separately.

Registration Procedures:

Complete a successful Parx Casino & Sportsbook opt-in to the leaderboard as described in the campaign marketing materials

Limitations on Participation:

Must be physically located in Pennsylvania to use the bonus and wager on a device

Cannot be on the Pennsylvania Gaming Control Board Self Exclusion or State Exclusion lists to participate in this campaign or wager online

Employees of Parx Casino® and Parx Racing are not eligible to participate or wager

Your use of this Service is governed by the laws of the Commonwealth of Pennsylvania

Free Spins and Bonus Rounds on any slots game do not count towards the wagering requirements

Must successful opt-in to the campaign to be counted towards table games leaderboard activity

Wagers made on Blackjack games will award 1 (one) point for every $1 (one) dollar wager

Must be invited by Parx Casino® for the offer

One leaderboard entry per player

Must be 21 or older to gamble

Wagering requirements:

“Restricted Bonus” must be used in 14 days from the date it was awarded

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“Restricted Bonus” will expire and be forfeited if the Patron does not login to their account for 14 days. See Cancellation Rules for how funds are released

Patrons who wish to “Opt-out” of participation in a promotion can contact our Customer Service team at pasupport@parxcasino.com or via live chat on pa.parxcasino.com and request to “Opt-out” of the promotion. Patrons who “Opt-out” will forfeit their “Restricted Cash” (from winnings) and “Restricted Bonus.” Only un-wagered “Cash” will be released to their account.

Patrons whose bonus has expired will also forfeit their “Restricted Cash” (from winnings) and “Restricted Bonus” with only un-wagered “Cash” released to their account.

The “Restricted Bonus” must be wagered ten times (10X) before the “Restricted Bonus” is converted to “Cash.” For example, in order to convert the $100 “Restricted Bonus” to “Cash,” a Patron must first wager $1,000 on slot games (10x $100) to convert to “Cash.”

“Restricted Bonus” funds can only be used for online casino wagering and cannot be used for sports betting or retail casino play.

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“Restricted Cash” is used first towards completing the wagering requirement. “Restricted Bonus” is used second towards completing the wagering requirement. Additional “Cash” is used third towards completing the requirement.

Eligible games:

Patrons may choose to bet on online casino games

Withdrawal of Funds Restrictions:

Gaap Definition Of Restricted Cash

Each of the offered casino games has a different wagering contribution towards clearing a bonus:

Slots: 100%

Roulette: 50%

All other games (including Video Poker): 10%

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For example: a $100 wager on a slot will result in a $100 wager towards the wagering requirements of a bonus.

A $100 wager on Roulette will result in a $50 wager towards the wagering requirements of a bonus.

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Cancellation Rules:

Management reserves the right to change, modify, terminate, suspend or cancel this promotion and event at any time without notice

Patrons who wish to “Opt-out“ of participation in a promotion can contact our Customer Service team at pasupport@parxcasino.com or via live chat on pa.parxcasino.com and request to “Opt-out“ of the promotion. Patrons who “Opt-out” will forfeit their “Restricted Cash” (from winnings) and “Restricted Bonus”. Only un-wagered “Cash” will be released to their account.

Patrons who their bonus was expired will forfeit their “Restricted Cash” (from winnings) and “Restricted Bonus.” Only un-wagered “Cash” will be released to their account.

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Restricted Cash Ifrs

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