Industry leaders hit out at New Jersey’s beard betting change
July 27th, 2025 at 6:59:07 AM
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https://sbcamericas.com/2025/07/02/new-jersey-proxy-betting-change/
https://sbcamericas.com/2025/06/30/new-jersey-passes-casino-ban/
https://pub.njleg.gov/Bills/2024/A5500/5447_I1.HTM
There is also a new piece of language involving “swindling” that will impact bettors directly.
The language of the bill calls out using insider information to place a wager. It also has a section that appears to be targeted towards the practice of bearding:
“…with the purpose to deceive, uses another person’s gaming account, including, but not limited to , a wagering account for Internet gaming or sports wagering, to place a wager and wins, or attempts to win, money or property or a representative of either.”
While bearding is generally against most sportsbooks’ terms of service and is a regulatory violation in some states, the step of actually criminalizing the behavior of the bettors is unusual. If bearding is used to generate profits in excess of $75,000, it will be considered a second degree crime, which is a felony.
I wonder if they could also somehow use this to target B&M multi-carders or online multi-accounters for slots etc.
https://sbcamericas.com/2025/06/30/new-jersey-passes-casino-ban/
https://pub.njleg.gov/Bills/2024/A5500/5447_I1.HTM
There is also a new piece of language involving “swindling” that will impact bettors directly.
The language of the bill calls out using insider information to place a wager. It also has a section that appears to be targeted towards the practice of bearding:
“…with the purpose to deceive, uses another person’s gaming account, including, but not limited to , a wagering account for Internet gaming or sports wagering, to place a wager and wins, or attempts to win, money or property or a representative of either.”
While bearding is generally against most sportsbooks’ terms of service and is a regulatory violation in some states, the step of actually criminalizing the behavior of the bettors is unusual. If bearding is used to generate profits in excess of $75,000, it will be considered a second degree crime, which is a felony.
I wonder if they could also somehow use this to target B&M multi-carders or online multi-accounters for slots etc.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
July 27th, 2025 at 9:11:09 AM
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If the casinos feel this isn't needed because they already have policies in place, they should produce records of how well they enforce it.
The older I get, the better I recall things that never happened
