Bill

Bill > A08928


NY A08928

NY A08928
Prohibits mobile sports wagering operators and mobile sports wagering platforms from allowing more than five deposits from an authorized sports bettor in a twenty-four hour period.


summary

Introduced
07/16/2025
In Committee
01/07/2026
Crossed Over
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 mobile sports wagering operators and platforms from allowing more than five deposits from an authorized sports bettor in twenty-four hours

AI Summary

This bill amends the racing, pari-mutuel wagering and breeding law to limit mobile sports wagering operators and platforms from allowing more than five deposits per authorized sports bettor within a twenty-four-hour period. The term "mobile sports wagering operators" refers to companies that provide online sports betting services through mobile applications or websites, while "authorized sports bettor" means a legally registered user who can place bets through these platforms. By restricting the number of deposits a user can make in a day, the bill aims to help prevent excessive gambling and potential financial harm to individuals by creating a barrier that could discourage rapid, repeated betting. The legislation would take effect immediately upon enactment, applying to all mobile sports betting platforms operating within the state of New York.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

referred to racing and wagering (on 01/07/2026)

bill text


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