On March 30, 2023, the New Mexico legislature approved a bill legalizing social sports wagering, marking a significant step in the regulation of sports betting within the state. The legislation permits licensed businesses to offer betting services specifically on amateur sports events while explicitly excluding wagering on professional and collegiate games. The bill targets wagers placed on games organized by non-profit leagues and amateur sporting events, differentiating it from typical commercial sports betting operations. This regulatory move is intended to provide consumer protections, ensure proper oversight, and create new revenue streams for New Mexico. By focusing on social sports wagering, the legislation aims to fill a niche market within the sports betting landscape while avoiding the controversies associated with professional sports gambling. The law positions New Mexico as one of the few states to legally allow social wagering, with implications for local businesses looking to diversify their betting offerings.