Bill

Bill > A09557


NY A09557

NY A09557
Provides that only automated clearing houses or electronic funds transfers from such authorized sports bettor's personal bank account, wire transfers from an authorized sports bettor's personal bank account, personal checks delivered to the operator, or in-person cash deposits at a casino or other approved location, may be used to fund mobile sports wagering accounts.


summary

Introduced
01/14/2026
In Committee
01/14/2026
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 mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts

AI Summary

This bill amends existing law to restrict the methods by which individuals can fund their mobile sports wagering accounts, meaning accounts used for placing bets on sports through a mobile device. Specifically, it mandates that funds can only be deposited through automated clearing houses or electronic funds transfers from a personal bank account, wire transfers from a personal bank account, personal checks delivered to the betting operator, or in-person cash deposits at a casino or other approved location. This change removes previous allowances for credit and debit cards, and any other means previously approved by the commission, thereby limiting the payment options available to authorized sports bettors.

Committee Categories

Business and Industry

Sponsors (10)

Last Action

referred to racing and wagering (on 01/14/2026)

bill text


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