New York A 11414: Relates to a "fair play policy" for sports wagering

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
A11414 Summary:

BILL NOA11414 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORRules (Wright)

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §1367, RWB L

&nbsp

Directs the gaming commission to implement rules and regulations pertaining to fair play in sports wagering for professional sports where a player is injured early and does not return for the season.

Go to top A11414 Actions:

BILL NOA11414 

&nbsp

05/15/2026referred to racing and wagering

Go to topA11414 Committee&nbspVotes:

Go to topA11414 Floor&nbspVotes:

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

Go to topA11414 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 11414

 IN ASSEMBLY

 May 15, 2026
 ___________

 Introduced by COMMITTEE ON RULES -- (at request of M. of A. Wright) --
 read once and referred to the Committee on Racing and Wagering

 AN ACT to amend the racing, pari-mutuel wagering and breeding law, in
 relation to the "fair play policy" for sports wagering

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

 1 Section 1. Subdivision 4 of section 1367 of the racing, pari-mutuel
 2 wagering and breeding law, as amended by section 3 of part Y of chapter
 3 59 of the laws of 2021, is amended to read as follows:
 4 4. Except as otherwise provided by this article, the commission shall
 5 have the authority to regulate sports pools and the conduct of sports
 6 wagering under this article to the same extent that the commission regu-
 7 lates other gaming. No casino or mobile sports wagering licensee shall
 8 be authorized to operate a sports pool unless it has produced informa-
 9 tion, documentation, and assurances concerning its financial background
 10 and resources, including cash reserves, that are sufficient to demon-
 11 strate that it has the financial stability, integrity, and responsibil-
 12 ity to operate a sports pool. In developing rules and regulations appli-
 13 cable to sports wagering, the commission shall examine the regulations
 14 implemented in other states where sports wagering is conducted and
 15 shall, as far as practicable, adopt a similar regulatory framework. The
 16 commission shall promulgate regulations necessary to carry out the
 17 provisions of this section, including, but not limited to, regulations
 18 governing the:
 19 (a) amount of cash reserves to be maintained by casinos and mobile
 20 sports wagering licensees to cover winning wagers;
 21 (b) acceptance of wagers on a series of sports events;
 22 (c) maximum wagers which may be accepted by a casino or mobile sports
 23 wagering licensee from any one patron on any one sports event;
 24 (d) type of wagering tickets which may be used;
 25 (e) method of issuing tickets;
 26 (f) method of accounting to be used by casinos and mobile sports
 27 wagering licensees;
 28 (g) types of records which shall be kept;

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14030-02-6

 A. 11414 2

 1 (h) use of credit and checks by authorized sports bettors;
 2 (i) the process by which a casino may place a layoff bet;
 3 (j) the use of global risk management;
 4 (k) type of system for wagering; [and]
 5 (l) protections for a person placing a wager; and
 6 (m) fair play policies pursuant to subdivision five of this section.
 7 § 2. Subdivision 5 of section 1367 of the racing, pari-mutuel wagering
 8 and breeding law, as amended by section 3 of part Y of chapter 59 of the
 9 laws of 2021, is amended to read as follows:
 10 5. (a) Each casino and mobile sports wagering licensee shall adopt
 11 comprehensive house rules and implement a fair play policy governing
 12 sports wagering transactions with its authorized sports bettors. The
 13 rules shall specify the amounts to be paid on winning wagers and the
 14 effect of schedule changes. The house rules, together with the fair play
 15 policy and any other information the commission deems appropriate, shall
 16 be conspicuously displayed in the sports wagering lounge and included in
 17 the terms and conditions of the account wagering system, and copies
 18 shall be made readily available to authorized sports bettors. Mobile
 19 sports wagering operators shall develop and prominently display proce-
 2