The bill aims to strengthen the integrity of sports wagering in New Jersey by establishing a hotline for reporting behaviors that undermine sporting events and prohibiting individuals involved in such behaviors from participating in future wagering activities. It introduces provisions to restrict certain sports wagering advertisements and mandates independent oversight of sports wagering operations. Key amendments include the requirement for the division and racing commission to prepare an annual report on the effects of sports wagering on problem gambling and integrity issues, conducted by a private organization specializing in gambling addiction. Additionally, operators must report any abnormal betting activities and contract with an independent monitoring service to ensure operational integrity.
The legislation also amends existing laws to enhance the regulatory framework for sports wagering, particularly concerning athlete integrity and the prevention of harassment or coercive behavior. It stipulates that sports wagering licensees can only accept wagers on events approved by the director, who must certify the implementation of appropriate monitoring policies. If certification is lacking, a wager limit of $100 or a win limit of $500 will be enforced. The bill further requires the Division of Gaming Enforcement to create regulations for advertising to prevent deceptive practices and protect underage individuals, while also mandating licensed operators to report any conduct that could compromise betting outcomes. Overall, the bill seeks to bolster the integrity of sports competitions and the sports wagering environment in New Jersey.
Statutes affected: Introduced: 5:12A-11, 5:12A-13