NJ S4794

Prohibits sports wagering licensees in New Jersey from offering or accepting "micro bets," defined as live proposition wagers on the outcome of the very next play or action in a sporting event (e.g., whether the next pitch will be a strike)

Defines "proposition bet" as a side wager on part of a sporting event that does not concern the final outcome, such as how many points a player will score

Establishes penalties for violations: disorderly persons offense with fines between $500 and $1,000 per offense, with each wager offered or accepted constituting a separate offense

Cites concerns that micro betting contributes to problem gambling due to the rapid pace of wagering, limited time for bettors to research decisions, and quick accumulation of losses

References integrity concerns including easier potential for match-fixing on individual plays, with the Council on Compulsive Gambling of New Jersey reporting a 277% spike in helpline calls since sports wagering legalization