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 player-specific proposition bet is defined as a wager on a specific aspect of a sport or athletic event that does not relate to the final outcome, such as individual player performance statistics. The intent of this legislation is to enhance the integrity of college sports by preventing betting practices that could compromise the fairness of the games and to protect student-athletes from undue pressure and scrutiny.
The bill is motivated by concerns from the President of the National Collegiate Athletics Association regarding the potential harassment of student-athletes due to wagering activities. By restricting player-specific bets, the legislation aims to mitigate conflicts of interest and uphold the integrity of collegiate athletics. The act is set to take effect immediately upon passage, reinforcing New Jersey's commitment to responsible gambling practices and the regulation of sports wagering.
Statutes affected: Introduced: 5:12A-11