SENATE STATE GOVERNMENT, WAGERING, TOURISM & HISTORIC PRESERVATION COMMITTEE

STATEMENT TO

SENATE, No. 3419

with committee amendments

STATE OF NEW JERSEY

DATED:  MAY 21, 2026

      The Senate State Government, Wagering, Tourism & Historic Preservation Committee reports favorably and with committee amendments Senate Bill No. 3419.

      As amended by the committee, this bill requires that sports wagering licensees and their contracted operators adopt rules governing the limitations that may be placed on wagering accounts.  The limitations may include limits on play times, maximum wager amounts, and deposit and withdrawal restrictions.  These rules must be submitted to and approved by the Division of Gaming Enforcement and made publicly available for the awareness of all patrons.

     The bill also requires that licensees and their contracted operators provide written notice and an explanation for any limitations imposed on a wagering account and that they review those limitations at periodic intervals in accordance with guidelines established by the division.

      Additionally, the bill requires licensees and their contracted operators to report annually to the division on the frequency and kind of limitations that have been imposed on wagering accounts and authorizes the division to request any additional information as may be necessary to assess compliance with the bill’s provisions

COMMITTEE AMENDMENTS:

      The committee amendments make a technical change.