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New Jersey committee advances bill to prohibit microbets

Regulation

A New Jersey Senate committee advanced Senate Bill 2160 on 23 March, proposing to prohibit sportsbooks from offering or accepting microbets. The bill would make violations disorderly persons offences, with fines of $500 to $1,000 per infraction; supporters and opponents cited concerns about harm, manipulation and consumer protections.

If enacted, the bill would change which in-game wagers sportsbooks may offer in New Jersey.

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Regulation

New Jersey lawmakers advance resolution on targeted gambling advertisements

New Jersey’s Assembly Tourism, Gaming and the Arts Committee unanimously approved AR 150, urging restrictions on gambling advertisements aimed at people showing signs of problem gambling or addiction. The committee also approved a measure requiring educational and counselling videos before removal from self-exclusion lists; the New Jersey Racing Commission and Division of Gaming Enforcement would set programme rules. The Sports Betting Alliance opposed the bill but did not testify.

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