This bill amends New Jersey's existing sports wagering laws to prohibit licensees from offering or accepting player-specific proposition bets on college sports and athletic events. A player-specific proposition bet is defined as a wager that focuses on specific aspects of a game, such as individual player performance, rather than the final outcome. The intent of this legislation is to enhance the integrity of college sports by preventing betting practices that could undermine the fairness of the games.
The bill is a response to concerns from the National Collegiate Athletics Association regarding the potential harassment of student-athletes and the overall integrity of college athletics. It emphasizes the state's commitment to regulating sports wagering and protecting collegiate athletes' interests. The legislation is set to take effect immediately upon passage, reinforcing the prohibition on these types of bets to mitigate conflicts of interest in college sports.
Statutes affected: Introduced: 5:12A-11