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Bill > S3283


NJ S3283

NJ S3283
Establishes annual fee for sports wagering licensees; directs funds from such fees to Council on Compulsive Gambling and gambling addiction treatment programs.


summary

Introduced
05/16/2024
In Committee
05/16/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

Under current law, the Division of Gaming Enforcement is authorized to establish by regulations the license issuance and renewal fees for sports wagering licenses. Such fees are currently set at $100,000 annually, with 50 percent of these fees being dedicated to gambling addiction treatment programs. This bill establishes an annual fee to be paid by sports wagering licensees, in addition to license issuance and annual renewal fees. The bill establishes this fee as $250,000, with $140,000 being allocated to the Council on Compulsive Gambling of New Jersey and the remaining $110,000 being used for other compulsive gambling treatment programs in this State.

AI Summary

This bill establishes an annual fee of $250,000 for sports wagering licensees in New Jersey, in addition to the existing license issuance and renewal fees. The bill directs $140,000 of this additional fee to the Council on Compulsive Gambling of New Jersey and $110,000 to other compulsive gambling treatment programs in the state. This is intended to provide funding for evidence-based prevention, education, and treatment programs for problem gambling, as the Division of Gaming Enforcement currently only dedicates a percentage of the existing license fees to such programs.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 05/16/2024)

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