The bill amends New Jersey law to include "electronic sports events" as a new category eligible for sports wagering, defining these events as competitions involving video games that can take place either in physical locations or online. It clarifies that wagering on electronic sports events will not be classified as an authorized game under existing gambling definitions. The bill permits casinos and racetracks with sports wagering licenses to operate online sports pools specifically for electronic sports events, subject to certain conditions. It also establishes a regulatory framework that includes licensing requirements, the creation of sports wagering lounges, and the responsibilities of the Division of Gaming Enforcement and the Racing Commission.

Additionally, the bill emphasizes compliance with regulations governing sports pools and online sports pools, including age restrictions for bettors and prohibitions on certain individuals from placing wagers. It mandates operators to adopt procedures for collecting personally identifiable information for large wagers and to report any suspicious activities related to betting integrity. The bill allows sports wagering licensees to accept wagers on electronic sports events under specific conditions, including the necessity for integrity certification from a third party. It ensures that wagers can only be accepted in approved facilities and outlines the conditions under which competitors may wager on themselves, while maintaining the authority of the Division of Gaming Enforcement to oversee compliance with integrity standards.

Statutes affected:
Introduced: 5:12A-10, 5:12A-11