New York Assembly Bill A08789

New York 2025-2026 Regular Session

• Introduced: 6/5/25
• Refer: 6/5/25

Caption

Prohibits regional off-track betting corporations from providing items of value exceeding fifteen dollars to any board member, officer, or employee of the corporation, any contractor, subcontractor, consultant, or other agent of the corporation, or any spouse, child, sibling or parent of such persons; adds reporting requirements for regional off-track betting corporations.

Impact

The primary impact of A08789 is to tighten the regulations surrounding promotional activities of regional off-track betting corporations. By setting a cap on the value of items that can be gifted or provided to individuals associated with these corporations, the bill seeks to eliminate potential conflicts of interest and self-dealing. Additionally, the bill requires these corporations to have all promotional and marketing activities overseen by the gaming commission, ensuring compliance with the new rules and enhancing accountability in their marketing strategies.

Summary

Assembly Bill A08789 aims to amend the existing racing, pari-mutuel wagering and breeding law by imposing restrictions on promotional spending by regional off-track betting corporations. The bill specifically prohibits these corporations from providing items exceeding fifteen dollars in value to various associates, including board members, contractors, or their family members. This legislative move comes in response to concerns regarding ethical practices within the off-track betting sector, aiming to enhance transparency and integrity in its operations.

Contention

Despite the perceived need for stricter regulations, there may be contention surrounding the implementation of the bill. Advocates argue that this legislation is vital for fostering an ethical gambling environment, while opponents might claim that such restrictions could hinder the ability of these corporations to effectively market their services or engage stakeholders. The balance between ethical governance and effective business practice will likely be a focal point during discussions, with differing opinions on how to manage promotional spending without compromising operational success.