Sponsored by:
Senator SHIRLEY K. TURNER
District 15 (Hunterdon and Mercer)
Senator KRISTIN M. CORRADO
District 40 (Bergen, Essex and Passaic)
SYNOPSIS
Prohibits institution of higher education from entering into sports wagering partnership.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning sports wagering partnerships at institutions of higher education and supplementing Title 18A of the New Jersey Statutes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. As used in this section, “sports wagering partnership” means a partnership or contractual agreement between a sports wagering operator or intermediary and an institution of higher education, including an athletic department or booster club of the institution, for access to advertise in the institution’s stadiums and other facilities, in digital and broadcast sports content, and through other means.
b. An institution of higher education shall not participate in a sports wagering partnership as defined by subsection a. of this section.
2. This act shall take effect immediately.
STATEMENT
This bill prohibits institutions of higher education from entering into sports wagering partnerships.
The bill defines a sports wagering partnership as a partnership or contractual agreement between a sports wagering operator or intermediary and an institution of higher education, including an athletic department or booster club of the institution, for access to advertise in the institution’s stadiums and other facilities, in digital and broadcast sports content, and through other means. The bill prohibits an institution of higher education from participating in a sports wagering partnership.