Prohibits operation of certain prediction markets in this State; authorizes athletic event markets operating in compliance with sports wagering regulations; establishes public awareness campaign.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill prohibits the operation of certain prediction markets in New Jersey, focusing on those that relate to catastrophic events, death, or politics. It authorizes athletic event markets that comply with existing sports wagering regulations and establishes a public awareness campaign to educate citizens about these markets and the associated risks. The bill aims to balance state regulatory authority with federal law governing these activities.
Bill text
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Document of record
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Sponsors
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3 on record
Primary sponsors
Cosponsor
Joseph Cryan
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