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Bill > S05935


NY S05935

NY S05935
Prohibits online sweepstakes games and revenue from illegal markets; sets penalties; provides for enforcement of provisions.


summary

Introduced
03/04/2025
In Committee
06/11/2025
Crossed Over
06/17/2025
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the racing, pari-mutuel wagering and breeding law, in relation to prohibiting online sweepstakes games and revenue from illegal markets

AI Summary

This bill aims to prohibit online sweepstakes games in New York by establishing strict definitions and enforcement mechanisms. The legislation defines "online sweepstakes games" as internet-based games that use a dual-currency system allowing players to exchange virtual currency for cash prizes, including simulated casino-style games like slot machines, video poker, table games, lottery games, bingo, and sports wagering. It makes it unlawful for any individuals, licensed entities, financial institutions, or affiliates to operate, conduct, promote, or support such online sweepstakes games within New York State. Violators will face significant penalties, including fines ranging from $10,000 to $100,000 per violation and potential loss of gaming licenses. The state gaming commission, state police, and attorney general's office are granted enforcement authority, including the power to conduct investigations, hold hearings, issue cease and desist orders, and subpoena entities to ensure compliance. Any fines collected will be deposited into a commercial gaming revenue fund specifically designated for problem gambling education and treatment purposes. The bill is designed to protect consumers and regulate the online gaming market by preventing potentially illegal sweepstakes activities.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (1)

Last Action

returned to senate (on 06/17/2025)

bill text


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