Directs the New York state gaming commission to promulgate rules and regulations regarding predatory sportsbook bonuses in mobile sports betting, including but not limited to, deposit matching, risk free betting, free money, free bets, site credits and profit boosts.
STATE OF NEW YORK
________________________________________________________________________
8843
IN ASSEMBLY
January 18, 2024
___________
Introduced by M. of A. SAYEGH -- read once and referred to the Committee
on Racing and Wagering
AN ACT to amend the racing, pari-mutuel wagering and breeding law, in
relation to directing the New York state gaming commission to promul-
gate rules and regulations regarding predatory sportsbook bonuses in
mobile sports betting
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 104 of the racing, pari-mutuel wagering and breed-
2 ing law is amended by adding a new subdivision 25 to read as follows:
3 25. To promulgate rules and regulations regarding predatory sportsbook
4 bonuses in mobile sports betting, including but not limited to, deposit
5 matching, risk free betting, free money, free bets, site credits and
6 profit boosts.
7 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD09988-01-3
