Bill Text: NY S09605 | 2021-2022 | General Assembly | Introduced


Bill Title: Directs the New York state gaming commission to promulgate rules and regulations regarding predatory sportsbook bonuses in mobile sports betting, including but not limited to, deposit matching, risk free betting, free money, free bets, site credits and profit boosts.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2022-11-30 - REFERRED TO RULES [S09605 Detail]

Download: New_York-2021-S09605-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          9605

                    IN SENATE

                                    November 30, 2022
                                       ___________

        Introduced  by Sen. HARCKHAM -- read twice and ordered printed, and when
          printed to be committed to the Committee on Rules

        AN ACT to amend the racing, pari-mutuel wagering and  breeding  law,  in
          relation  to directing the New York state gaming commission to promul-
          gate rules and regulations regarding predatory sportsbook  bonuses  in
          mobile sports betting

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Section 104 of the racing, pari-mutuel wagering and  breed-
     2  ing law is amended by adding a new subdivision 25 to read as follows:
     3    25. To promulgate rules and regulations regarding predatory sportsbook
     4  bonuses  in mobile sports betting, including but not limited to, deposit
     5  matching, risk free betting, free money, free  bets,  site  credits  and
     6  profit boosts.
     7    § 2. This act shall take effect immediately.







         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD16571-01-2
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