Bill > A07629

This bill amends the racing, pari-mutuel wagering and breeding law to increase the amount of mobile sports wagering tax revenue dedicated to problem gambling education and treatment. Specifically, the bill increases the annual allocation from 1% of mobile sports wagering state tax from $6 million to $12 million, with this new funding level taking effect in fiscal year 2025. The bill modifies an existing provision that requires the gaming commission to pay a portion of mobile sports wagering tax revenue into the commercial gaming fund for problem gambling purposes. The change ensures more funding will be available for programs and services aimed at addressing problem gambling, which can have significant personal and societal impacts. By increasing the dedicated funds, the legislation seeks to provide more resources for education, prevention, and treatment of gambling addiction. The bill takes effect immediately upon passage.

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https://www.nysenate.gov/legislation/bills/2025/A7629