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A New Jersey sports betting bill has cleared its first committee step, bringing account limiting rules back into focus for operators and bettors.
Good to Know
New Jersey lawmakers are looking at one of the most common complaints from sports betting customers: account limits with little or no explanation.
A4002, introduced in February by Democrat Assemblymen Dan Hutchison, Cody Miller, and Michael Venezia, moved ahead last week after the Assembly Tourism, Gaming, and the Arts Committee approved it 7-0. The bill can now be placed on the Assembly calendar, where it could receive a floor reading and vote.
The bill would require New Jersey sports betting operators to adopt account rules that could cover play time limits, maximum wager amounts, and deposit or withdrawal restrictions.
More importantly for bettors, operators would need to tell users when restrictions are placed on an account. They would also need to explain the reason behind those limits. The bill states:
“Any account that has been limited shall be reviewed at periodic intervals, in accordance with standards to be established by the division, to determine whether the account should remain limited or whether the limitations should be removed,” according to the bill.
That review process would fall under standards created by the New Jersey Division of Gaming Enforcement. The DGE would also receive authority to write rules and regulations tied to the new measures.
For New Jersey sports betting customers, the change would address a long-running frustration. Many bettors say sportsbooks reduce wager sizes or block access to certain markets without giving a clear reason. A4002 would not ban account limiting, but it would require more transparency from operators.
The bill would take effect immediately if lawmakers pass it and it gets signed into law.