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NJ Fines BetMGM $25K for Bets on Prohibited Basketball Games

Jonathan Price of Staten Island, N.Y.,  researches picks for the March Madness college basketball championship tournament on March 19, 2021, at the Borgata casino in Atlantic City, NJ. On March 13, 2022, the American Gaming Association predicted that 45 million Americans will bet on this year's tournament. (AP Photo/Wayne Parry)
Jonathan Price of Staten Island, N.Y., researches picks for the March Madness college basketball championship tournament on March 19, 2021, at the Borgata casino in Atlantic City, NJ. On March 13, 2022, the American Gaming Association predicted that 45 million Americans will bet on this year's tournament. (AP Photo/Wayne Parry)
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Atlantic City, N.J. (AP) -- BetMGM took less than $100 worth of bets last year on New Jersey college basketball games that weren’t supposed to be wagered on. Now, it will pay a $25,000 fine.

State law prohibits betting on New Jersey college teams, as well as on any collegiate game played in New Jersey — even if they feature teams from other states. That same law is preventing fans of Jersey City-based Saint Peter's University from betting legally on their Cinderella team's Sweet 16 game Friday.