Establishes fees for prediction markets and regulates athletic event markets in New Jersey.

The bill establishes fees for prediction markets and regulates athletic event markets in New Jersey. It prohibits certain prediction markets, including death markets, catastrophic event markets, and political markets. It requires prediction market platforms to disclose their settlement sources and implement measures to prevent manipulation and fraud. The bill also imposes a 10 percent surcharge on prediction markets, in addition to other applicable taxes and fees.

Establishes fees for prediction markets and regulates athletic event markets in New Jersey.

The bill establishes fees for prediction markets and regulates athletic event markets in New Jersey. It prohibits certain prediction markets, including death markets, catastrophic event markets, and political markets. It requires prediction market platforms to disclose their settlement sources and implement measures to prevent manipulation and fraud. The bill also imposes a 10 percent surcharge on prediction markets, in addition to other applicable taxes and fees.