New Jersey Lawmakers, Regulators Consider Micro Betting Ban Bill

New Jersey Seeking To Ban Micro Betting In The State

A bill has been introduced in New Jersey to ban micro betting in sports contests. Micro betting is when a player bets on the outcome of any individual play (for example, a ball or strike on a pitch in baseball). TRENTON, N.J. – New Jersey legislators are looking to enhance regulation on sports betting in the state by introducing a bill to ban micro betting, a form of sports betting where players can wager on the outcome of any given play. There …

Lawmakers in New Jersey hear a proposal to outlaw microbetting.

A bill that would forbid sports wagering licensees from making or taking microbets has been heard by New Jersey legislators. In July, Assemblyman Dan Hutchison presented Bill A5971. According to the bill, a micro bet is a live proposition wager on the result of the next play or action during a sporting event. A disorderly person’s offense and a fine of $500 to $1,000 per incident await those who violate the restriction. Hutchison told the hearin…

New Jersey Lawmakers, Regulators Consider Micro Betting Ban Bill

New Jersey lawmakers heard testimony concerning a bill to prohibit micro betting in the Garden State Members of the Assembly Tourism, Gaming and the Arts committee held a public hearing on Rep. Dan Hutchinson’s (D-4) bill Micro bets are defined as a prop bet which is wagered live that concerns the outcome of the next play or action New Jersey lawmakers listened to an hour of testimony from those in favor, and against, an introduced bill to prohi…