Establishes penalties for accepting wagers on prohibited sports events.

This bill establishes penalties for licensed sports wagering operators who accept bets on prohibited sports events, directly affecting casinos, online sportsbooks, and sports pools operating in New Jersey. Key penalties include: repaying all improperly accepted wagers, paying fines of $20,000-$100,000, and facing up to 10 days of suspension. Funds from fines go to either the Casino Control Fund (for gaming enforcement) or the state general fund (for racing commissions). Prohibited events include all NJ college/athletic events, high school sports, and esports, but exclude some tournaments and international events with under-18 minority participation, as defined by existing law.