Establishes penalties for accepting wagers on prohibited sports events.

This bill (A108) imposes penalties on sports wagering license holders or operators who accept bets on prohibited sports events in New Jersey. It directly affects businesses with sports wagering licenses, including online sports pools, if they accept wagers on events like New Jersey college sports (including out-of-state games involving NJ teams), high school sports, or esports. Key penalties include: repaying all improperly accepted wagers, paying $20,000-$100,000 in fines, and facing up to 10 days of suspension from operating. Fines paid to the Division of Gaming Enforcement go to the Casino Control Fund, while those paid to the Racing Commission go to the State General Fund. The bill defines "prohibited sports events" broadly but excludes international events where under-18 athletes are a minority.