This bill amends existing New Jersey legislation to prohibit sports wagering 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 pertains to specific aspects of a game, excluding the final outcome. The intent of this amendment is to enhance the integrity of college sports and prevent betting practices that could undermine the fairness of the games.
Additionally, the bill includes provisions for the operation of sports pools and online sports pools, ensuring compliance with established regulations and emphasizing the importance of maintaining the integrity of sports events. It outlines the responsibilities of operators in reporting any suspicious activities. This legislation responds to concerns from the President of the National Collegiate Athletics Association regarding the potential harassment of student-athletes and aims to protect them from exploitation, ensuring a fair playing environment in collegiate athletics. The act is set to take effect immediately upon passage.
Statutes affected: Introduced: 5:12A-11