New York Senate Bill S05395 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 5395 2023-2024 Regular Sessions  IN SENATE 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: 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