Prohibits sports wagering licensees from offering micro bets and establishes penalties.

New Jersey S2160 prohibits sports wagering licensees from offering or accepting any wager on a micro bet. Micro bets are proposition bets wagered live during a sporting event concerning the outcome of the next play or action. The bill defines a micro bet as a proposition bet which is wagered live, while a sport or athletic event is ongoing, and concerns the outcome of the next play or action occurring in the sport or athletic event. The bill also establishes penalties for violations, including fines of not less than $500 and not more than $1,000 per offense.

Prohibits sports wagering licensees from offering micro bets and establishes penalties.

New Jersey S2160 prohibits sports wagering licensees from offering or accepting any wager on a micro bet. Micro bets are proposition bets wagered live during a sporting event concerning the outcome of the next play or action. The bill defines a micro bet as a proposition bet which is wagered live, while a sport or athletic event is ongoing, and concerns the outcome of the next play or action occurring in the sport or athletic event. The bill also establishes penalties for violations, including fines of not less than $500 and not more than $1,000 per offense.