Bill > A09044

This bill amends the racing, pari-mutuel wagering and breeding law to prohibit the sale of "loot boxes" within the state, which are defined as any physical or digital container that awards randomized rewards upon opening. Specifically, it makes it unlawful for any person or entity, including third-party providers, to operate, conduct, or promote loot boxes where consumers can repurchase the contents for money, cash equivalents, cryptocurrency, other loot boxes, or "liquid digital items" (digital items that can be easily sold or monetized). The bill also prohibits loot boxes from containing money, cash equivalents, cryptocurrency, or points redeemable for such items, and makes it unlawful for various financial institutions and platform providers to support the operation or promotion of these loot boxes. Violators face fines of $10,000 to $100,000 per violation and may lose or be ineligible for gaming licenses, with collected fines going towards problem gambling education and treatment. The State Gaming Commission, State Police, or Attorney General's office will be responsible for enforcing these provisions.