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covers.com > industry > new-jersey-proposes-sports-event-contract-regulation-june-17-2026

NJ Bill Targets Prediction Markets With New Taxes, Restrictions

2+ mon, 3+ week ago   (616+ words) The proposal would impose sportsbook-level taxes plus a surcharge and grant regulators broad enforcement powers despite previous court setbacks against Kalshi. New Jersey joined a growing list of states seeking to regulate prediction markets with new legislation. Sen. Nicholas Scutari…...