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Senate Bill S5377

2017-2018 Legislative Session

Makes technical corrections to provisions prohibiting casinos from extending credit to players

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Sponsored By

Archive: Last Bill Status - In Senate Committee Racing, Gaming And Wagering Committee

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2017-S5377 (ACTIVE) - Details

Current Committee:
Senate Racing, Gaming And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §1339, RWB L

2017-S5377 (ACTIVE) - Summary

Makes technical corrections to provisions prohibiting casinos from extending credit to players.

2017-S5377 (ACTIVE) - Sponsor Memo

2017-S5377 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5377
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                              March 23, 2017
                                ___________
 
 Introduced  by  Sen. BONACIC -- (at request of the New York State Gaming
   Commission) -- read twice and ordered printed, and when printed to  be
   committed to the Committee on Racing, Gaming and Wagering
 
 AN  ACT  to  amend the racing, pari-mutuel wagering and breeding law, in
   relation to the operation of commercial casinos

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision  1 of section 1339 of the racing, pari-mutuel
 wagering and breeding law, as added by chapter 174 of the laws of  2013,
 is amended to read as follows:
   1. [Except as otherwise provided in this section, no] NO gaming facil-
 ity  licensee  or  any person licensed under this article, and no person
 acting on behalf of or under any  arrangement  with  a  gaming  facility
 licensee or other person licensed under this article, shall:
   (a)  [Cash]  CASH  any  check[, make any loan, or otherwise provide or
 allow to any person any credit or advance of anything of value or  which
 represents  value]  to enable any person to take part in gaming activity
 as a player, OTHER THAN AS PERMITTED BY SUBDIVISIONS TWO  THROUGH  EIGHT
 OF THIS SECTION; [or]
   (b)  [Release]  MAKE  ANY  LOAN,  OR OTHERWISE PROVIDE OR ALLOW TO ANY
 PERSON ANY CREDIT OR ADVANCE OF ANYTHING OF VALUE,  OR  THAT  REPRESENTS
 VALUE  TO ENABLE ANY PERSON TO TAKE PART IN GAMING ACTIVITY AS A PLAYER,
 OTHER THAN AS PERMITTED BY PARAGRAPH (A)  OF  THIS  SUBDIVISION,  UNLESS
 DONE PURSUANT TO THE RULES OF THE COMMISSION; OR
   (C) RELEASE or discharge any debt, either in whole or in part, or make
 any  loan  [which]  THAT represents any losses incurred by any player in
 gaming activity, [without maintaining] UNLESS a written record  [thereof
 in  accordance with] OF THE TRANSACTION OR ACTIVITY IS MAINTAINED PURSU-
 ANT TO the rules of the commission.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09982-01-7

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