Establishes annual fee for sports wagering licensees; directs funds from such fees to Council on Compulsive Gambling and gambling addiction treatment programs.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill creates an annual fee for sports wagering licenses in New Jersey. The revenue generated from this fee, along with existing license fees, will be directed to two key programs: the Council on Compulsive Gambling and various gambling addiction treatment programs within the state. Specifically, $250,000 annually will be allocated, with $140,000 going to the Council on Compulsive Gambling and $110,000 supporting broader treatment programs. The bill amends existing legislation to implement these changes.
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