Relates to allowing season-long proposition bets and future award winners as authorized bets
This bill updates the definition of sports wagering to explicitly include bets on season-long outcomes and future award winners. It allows these types of bets to be placed through various methods, such as online apps or in-person, alongside existing single-game options. The law includes a safety requirement that the state commission must approve these specific bets to ensure they do not threaten the fairness of the sport or risk insider trading. Additionally, the bill permits coin toss bets unless the commission decides they would compromise the integrity of the event. These changes directly affect sports betting operators and bettors by expanding the range of available wagers.
Bill status
passed
3 of 5 stages cleared
Introduction
Mar 2024
Committee Review
Jun 2024
Senate Passage
Jun 2024
Assembly Passage
Governor
Introduced Mar 11, 2024
Last action Jun 4, 2024
Floor votes · Senate Jun 4, 2024
How they voted
60–1
Passed · 1 other
Total votes 62
Jun 4, 2024
D
Democratic41
97% Yea
R
Republican21
95% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
9
Key actions
3
Committee
4
Amendments
2
Jun 4, 2024
Committee
REFERRED TO RACING AND WAGERING
lower
Jun 4, 2024
Upper · Passed
PASSED SENATE
upper
Jun 4, 2024
Committee
COMMITTEE DISCHARGED AND COMMITTED TO RULES
upper
May 28, 2024
Upper · Passed
PRINT NUMBER 8777A
upper
May 28, 2024
Upper · Passed
AMEND AND RECOMMIT TO FINANCE
upper
May 14, 2024
Committee
REPORTED AND COMMITTED TO FINANCE
upper
Mar 11, 2024
Committee
REFERRED TO RACING, GAMING AND WAGERING
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Joe Addabbo
DDemocratic
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