Bill > A08789

This bill aims to restrict promotional spending by regional off-track betting (OTB) corporations and enhance transparency in their operations. Specifically, the bill prohibits these corporations from providing any items of value exceeding $15 to board members, employees, contractors, their family members, or associates. This restriction applies to all marketing and promotional activities, which must now be approved and overseen by the gaming commission to prevent self-dealing. The bill also expands annual reporting requirements for OTB corporations, mandating that they now include detailed information about their marketing and promotional plans, including how these plans benefit the corporation's operations and financial position, and what measures have been taken to prevent conflicts of interest. The new reporting requirements extend to providing these detailed reports to additional entities, including the senate president and assembly speaker, in addition to existing reporting recipients like participating counties and the state comptroller. The bill will take effect 60 days after becoming law, providing time for corporations to adjust their practices to comply with the new regulations.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A8789