Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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Mar 03, 2023 | referred to racing, gaming and wagering |
senate Bill S5395
Sponsored By
Pete Harckham
(D, WF) 40th Senate District
Current Bill Status - In Senate Committee Racing, Gaming And Wagering Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
S5395 (ACTIVE) - Details
- Current Committee:
- Senate Racing, Gaming And Wagering
- Law Section:
- Racing, Pari-Mutuel Wagering and Breeding Law
- Laws Affected:
- Amd §104, RWB L
- Versions Introduced in 2021-2022 Legislative Session:
-
S9605
S5395 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5395 SPONSOR: HARCKHAM TITLE OF BILL: An act to amend the racing, pari-mutuel wagering and breeding law, in relation to directing the New York state gaming commission to promulgate rules and regulations regarding predatory sportsbook bonuses in mobile sports betting PURPOSE: Directs the New York state gaming commission to promulgate rules and regulations regarding predatory sportsbook bonuses in mobile sports betting. SUMMARY OF PROVISIONS: Section 1 adds a new section to § 104 of the racing, pari-mutuel wager- ing and breeding law to require 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 match-
S5395 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5395 2023-2024 Regular Sessions I N S E N A T E March 3, 2023 ___________ Introduced by Sen. HARCKHAM -- read twice and ordered printed, and when printed to be committed to the Committee on Racing, Gaming and Wager- ing 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: Section 1. Section 104 of the racing, pari-mutuel wagering and breed- ing law is amended by adding a new subdivision 25 to read as follows: 25. 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. § 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
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