Authorizes licensing of certain sporting event brackets and boxes under raffle law.

This bill allows qualified organizations (like charities or businesses) to legally run two types of games under New Jersey's raffle law: "boxes" (similar to Super Bowl squares) and "brackets" (like March Madness picks). Participants select boxes or outcomes in a grid, with winners receiving no more than 50% of the prize pool - keeping the rest for the organizer. The Legalized Games of Chance Control Commission will set rules for frequency, prizes, and conduct. It directly affects entities currently hosting these games, enabling them to operate legally without violating existing raffle restrictions.