Bill > A07962

This bill amends the New York Racing, Pari-Mutuel Wagering and Breeding Law to introduce significant restrictions on sports betting, particularly mobile sports betting. The legislation establishes comprehensive regulations including limiting wager amounts to $5,000 per 24-hour period, prohibiting the use of credit cards for deposits, and implementing strict advertising guidelines. Mobile sports betting operators must now limit each bettor to one account, implement robust age verification and geolocation measures, and provide prominent responsible gaming resources. The bill also restricts sports betting advertisements, banning ads that include terms like "bonus" or "no sweat", prohibiting advertisements during live sporting events and between 8 AM and 10 PM, and preventing ads that target minors or provide detailed information about placing wagers. Additionally, operators must implement safeguards such as self-exclusion options, deposit limits, and annual problem gambling plans. The bill aims to protect consumers by reducing potential gambling addiction risks and creating more transparent and responsible sports betting practices in New York state.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A7962