New York S 2617: Relates to interactive fantasy sports

Bill Text

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S02617 Summary:

BILL NOS02617 

&nbsp

SAME ASSAME AS A06022

&nbsp

SPONSORADDABBO

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §§1401, 1402, 1403, 1404, 1405, 1406 & 1408, RWB L

&nbsp

Includes contests wherein participants select whether athletes, in the case of sporting events, shall accumulate more or less than a target score set by an operator, as an interactive fantasy sports contest; provides a definition for interactive fantasy sports gross revenue; makes related provisions.

Go to top S02617 Actions:

BILL NOS02617 

&nbsp

01/21/2025REFERRED TO RACING, GAMING AND WAGERING

01/07/2026REFERRED TO RACING, GAMING AND WAGERING

Go to topS02617 Committee&nbspVotes:

Go to topS02617 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS02617 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2617

 2025-2026 Regular Sessions

 IN SENATE

 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 interactive fantasy sports

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 1401 of the racing, pari-mutuel wagering and breed-
 2 ing law, as added by chapter 237 of the laws of 2016, is amended to read
 3 as follows:
 4 § 1401. Definitions. As used in this article, the following terms
 5 shall have the following meanings:
 6 1. ["Authorized player" shall mean an individual located in New York
 7 state, who is not a prohibited player, that participates in an interac-
 8 tive fantasy sports contest offered by a registrant.
 9 2. "Collegiate sport or athletic event" shall mean a sport or athletic
 10 event offered or sponsored by or played in connection with a public or
 11 private institution that offers education services beyond the secondary
 12 level.
 13 3.] "Commission" shall mean the New York state gaming commission.
 14 [4. "Entry fee" shall mean cash or cash equivalent that is paid by an
 15 authorized player to an operator or registrant to participate in an
 16 interactive fantasy sports contest offered by such operator or regis-
 17 trant.
 18 5. "High school sport or athletic event" shall mean a sport or athlet-
 19 ic event offered or sponsored by or played in connection with a public
 20 or private institution that offers education services at the secondary
 21 level.
 22 6. "Highly experienced player" shall mean an authorized player who
 23 has:

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD06892-01-5

 S. 2617 2

 1 (a) entered more than one thousand contests offered by a single opera-
 2 tor or registrant; or
 3 (b) won more than three prizes valued at one thousand dollars each or
 4 more from a single operator or registrant.
 5 7. "Horse racing event" shall mean any sport or athletic event
 6 conducted in New York state subject to the provisions of articles two,
 7 three, four, five, six, nine, ten and eleven of this chapter, or any
 8 sport or athletic event conducted outside of New York state, which if
 9 conducted in New York state would be subject to the provisions of this
 10 chapter.
 11 8.] 2. "Interactive fantasy sports contest" or "contest" shall mean a
 12 game of skill wherein [one] two or more contestants compete against each
 13 other, including contests wherein participants select whether athletes,
 14 in the case of sporting events, shall accumulate more or less than a
 15 target score set by an operator, by using [their] such participant's
 16 knowledge and understanding of athletic events and athletes to select
 17 and manage rosters of simulated players whose performance directly
 18 corresponds with the actual performance of human competitors on sports
 19 teams and in sports events.
 20 [9. "Interactive fantasy sports gross revenue" shall mean the amount
 21 equal to the total of all entry fees not attributable to New York state
 22 prohibited sports events that a registrant collects from all players,
 23 less the total of all sums not attributable to New York state prohibited
 24 sports events p