This bill amends existing legislation in New Jersey to prohibit sports wagering licensees from offering or accepting player-specific proposition bets on college sports or athletic events. A proposition bet is defined as a side wager that does not pertain to the final outcome of the event, which may include aspects such as individual player performance statistics or which player will score first. The primary goal of this new restriction is to enhance the integrity of college sports and protect student-athletes from potential exploitation through betting practices.

The legislation responds to concerns raised by the President of the National Collegiate Athletics Association regarding the harassment of student-athletes and the need to maintain the integrity of college sports. By implementing this prohibition, New Jersey aims to align its sports betting regulations with ethical standards and safeguard the interests of college athletes. The act is set to take effect immediately upon passage, reinforcing the state's commitment to regulating sports wagering and ensuring fair play in collegiate athletics.

Statutes affected:
Introduced: 5:12A-11