Bill > A08361

This bill amends the New York racing, pari-mutuel wagering and breeding law to expand sports wagering regulations to include video lottery gaming facilities as authorized locations for sports betting. The bill adds comprehensive definitions and provisions for sports wagering at these facilities, including who can place bets, prohibited sports events and bettors, licensing requirements, tax obligations, and integrity monitoring procedures. Key changes include allowing video lottery gaming facilities to operate sports pools, requiring these facilities to follow the same regulatory framework as casinos for sports betting, and mandating that they pay a 10% tax on sports wagering gross gaming revenue. The bill also requires these facilities to maintain detailed records, report betting activities annually, cooperate with investigations, and implement responsible gaming programs. The legislation aims to standardize sports betting regulations across different types of gaming facilities in New York, ensuring consistent oversight, consumer protections, and revenue generation for the state.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A8361