A New Jersey lawmaker has introduced a bill to ban microbetting, a form of sports betting that he says can fuel impulsive gambling and lead to financial ruin, particularly for young people.
The bill, sponsored by Assemblyman Dan Hutchinson, would ban bets on in-game moments, such as the outcome of a coin toss or a single pitch.
Hutchinson told CBS News that he was most concerned about the effect on young people, and plans to curb impulsive gambling, adding, “protecting our citizens from the dopamine-type effects that this type of betting has on people — we need to protect those people.”
His bill comes at a time when federal investigators are probing illegal gambling accusations involving NBA players and a coach, in which prop bets are a key factor.
