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- The enactment of the law has changed the contours of the industry and the way operators transact with their players.
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- It only prevents banks and financial institutions from processing funds related to online gambling.
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The news will come as a disappointment to Kalshi and Polymarket, who are two of the largest prediction market sites in the US. While none of the new bills are official yet, if passed they will regulate different aspects of the industry such as push notifications from gaming apps and credit card payments. Four new bills have been introduced by New Jersey lawmakers with an eye to take responsible gambling legislation to new heights in 2026.
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