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Senate Bill S2616

2025-2026 Legislative Session

Relates to allowing season-long proposition bets and future award winners as authorized bets

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Racing, Gaming And Wagering Committee

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2025-S2616 (ACTIVE) - Details

Current Committee:
Senate Racing, Gaming And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §1367, RWB L
Versions Introduced in 2023-2024 Legislative Session:
S8777

2025-S2616 (ACTIVE) - Summary

Allows season-long proposition bets and future award winners as authorized bets; sets limitations for in-game and season-long proposition bets.

2025-S2616 (ACTIVE) - Sponsor Memo

2025-S2616 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2616
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             January 21, 2025
                                ___________
 
 Introduced  by  Sen. ADDABBO -- 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 allowing season-long proposition  bets  and  future  award
   winners as authorized bets

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph (x) of subdivision  1  of  section  1367  of  the
 racing,  pari-mutuel  wagering and breeding law, as amended by section 3
 of part Y of chapter 59 of the laws of  2021,  is  amended  to  read  as
 follows:
   (x) "Sports wagering" means wagering on sporting events or any portion
 thereof, or on the individual performance statistics of athletes partic-
 ipating  in  a  sporting  event, [or] combination of sporting events, OR
 ANNUAL AWARDS OR HONORS FOR AN INDIVIDUAL ATHLETE  OR  TEAM  PERFORMANCE
 DURING  OR  THROUGHOUT  A  SEASON,  by any system or method of wagering,
 including, but not limited to, in-person  communication  and  electronic
 communication  through internet websites accessed via a mobile device or
 computer, and mobile device applications; provided however  that  sports
 wagers  shall  include, but are not limited to, single-game bets, teaser
 bets, parlays, over-under bets, money  line,  pools,  in-game  wagering,
 in-play  bets,  IN-GAME  AND  SEASON-LONG proposition bets, and straight
 bets; PROVIDED HOWEVER, THAT SUCH IN-GAME  AND  SEASON-LONG  PROPOSITION
 BETS SHALL BE LIMITED TO THOSE WAGERS THAT THE COMMISSION DETERMINES NOT
 TO  BE AT RISK OF UNDUE INTERFERENCE, INSIDER TRADING OF INFORMATION, OR
 OTHER ISSUES THAT COULD COMPROMISE THE INTEGRITY  AND  FAIRNESS  OF  THE
 SPORTS  WAGERING PROGRAM; AND PROVIDED FURTHER, THAT COIN TOSS BETS THAT
 AFFECT THE GAMEPLAY OF AN EVENT  SHALL  BE  PERMITTED  AT  ALL  SPORTING
 EVENTS  UNLESS  PROHIBITED  BY THE COMMISSION FOR REASONS RELATED TO THE
 INTEGRITY AND FAIRNESS OF THE SPORTS WAGERING PROGRAM;
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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