NJ S3692

Prohibits prediction market platforms operating in New Jersey from offering death markets (betting on assassinations or mass casualties), catastrophic event markets (war, disasters, terrorism), and political markets (elections involving NJ voters)

Requires prediction market operators offering athletic event markets (sports and horse racing outcomes) to obtain a New Jersey sports wagering license or partner with a licensed operator, with a minimum participation age of 21

Imposes a $1 million per day civil penalty on prediction market operators who continue operating after a court injunction for persistent violations, with fourth-degree criminal penalties up to $25,000 for individuals or $100,000 for companies operating athletic event markets without approval

Mandates all prediction markets disclose settlement sources used to determine outcomes, implement fraud detection measures, and report potential manipulation or insider trading to the Attorney General

Directs the Division of Gaming Enforcement to establish a public awareness campaign about prediction market risks, legal status, and resources for problem gamblers, with a report due within 18 months