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Bill > S05395


NY S05395

NY S05395
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.


summary

Introduced
03/03/2023
In Committee
01/03/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

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

AI Summary

This bill 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. The bill aims to address concerns about the use of these types of promotional offers in the mobile sports betting market.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

REFERRED TO RACING, GAMING AND WAGERING (on 01/03/2024)

bill text


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