Bill
Bill > A5359
NJ A5359
NJ A5359Establishes annual fee for sports wagering licensees; directs funds from such fees to Council on Compulsive Gambling and gambling addiction treatment programs.
summary
Introduced
02/25/2025
02/25/2025
In Committee
02/25/2025
02/25/2025
Crossed Over
Passed
Dead
01/12/2026
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 additional annual fee of $250,000 for sports wagering licensees, which will be deposited into the State General Fund and specifically allocated to support compulsive gambling prevention and treatment efforts. The funding will be divided into two parts: $140,000 will be directly allocated to the Council on Compulsive Gambling of New Jersey, and $110,000 will be used for other compulsive gambling treatment programs within the state. This is in addition to existing license issuance and renewal fees, and represents an expansion of the current funding mechanism for addressing gambling addiction. The bill amends previous legislation to create this new funding stream, with the goal of providing more resources for evidence-based prevention, education, and treatment programs targeting compulsive gambling. The new fee will take effect on January 1st following the bill's enactment, providing a structured approach to supporting gambling addiction services through funding generated directly from sports wagering licensees.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced, Referred to Assembly Tourism, Gaming and the Arts Committee (on 02/25/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A5359 |
| BillText | https://pub.njleg.gov/Bills/2024/A5500/5359_I1.HTM |
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