New York A 5922: Relates to the granting of continuing education credits by the superintendent of financial services

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A05922 Summary:

BILL NOA05922 

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SAME ASNo Same As

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SPONSORWoerner

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COSPNSR

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MLTSPNSR

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Add Art 15 §§1500 - 1504, RWB L

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Authorizes interactive gaming in the state of New York.

Go to top A05922 Actions:

BILL NOA05922 

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02/24/2025referred to racing and wagering

01/07/2026referred to racing and wagering

Go to topA05922 Committee&nbspVotes:

Go to topA05922 Floor&nbspVotes:

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

Go to topA05922 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5922

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 24, 2025
 ___________

 Introduced by M. of A. WOERNER -- read once and referred to the Commit-
 tee on Racing and Wagering

 AN ACT to amend the racing, pari-mutuel wagering and breeding law, in
 relation to authorizing interactive gaming

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

 1 Section 1. The racing, pari-mutuel wagering and breeding law is
 2 amended by adding a new article 15 to read as follows:
 3 ARTICLE 15
 4 INTERACTIVE GAMING
 5 Section 1500. Legislative intent and findings.
 6 1501. Definitions.
 7 1502. Authorization.
 8 1503. Required safeguards.
 9 1504. State taxes.
 10 § 1500. Legislative intent and findings. Section nine of article one
 11 of the New York state constitution was recently amended and provides
 12 "casino gambling at no more than seven facilities as authorized and
 13 prescribed by the legislature shall hereafter be authorized or allowed
 14 within this state." It has been, and continues to be, the sense of the
 15 legislature that this provision is not contravened by a statute that
 16 authorizes the acceptance of a wager by an individual who is betting by
 17 virtual or electronic means and the wager is accepted through equipment
 18 located within a licensed gaming facility; provided that any such wager
 19 meets other safeguards ensuring that the plain text of this provision is
 20 honored in such structure. Interactive gaming is now legal online in
 21 seven states, including the bordering states of New Jersey, Pennsylvania
 22 and Connecticut, while it is permitted only in person in New York at
 23 four upstate commercial gaming facilities and Native American class III
 24 gaming facilities. The legislature hereby finds and declares that an
 25 interactive gaming wager that is made through virtual or electronic

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09490-01-5

 A. 5922 2

 1 means from a location within New York state and is transmitted to and
 2 accepted by electronic equipment located at a licensed gaming facility,
 3 including without limitation, a computer server located at such licensed
 4 gaming facility, is a wager made at such licensed gaming facility,
 5 notwithstanding any provisions of the penal law to the contrary.
 6 § 1501. Definitions. As used in this article, the following terms
 7 shall have the following meanings:
 8 1. "Authorized game" means any casino slot or table game determined by
 9 the commission to be compatible with the public interest and to be suit-
 10 able for online use after an appropriate test or experimental period as
 11 the commission may deem appropriate. An authorized game may include
 12 gaming tournaments in which players compete against one another in one
 13 or more of the games authorized herein or by the commission or in
 14 approved variations or composites thereof if such tournaments are
 15 authorized.
 16 2. "Authorized participant" means an individual who is physically
 17 present in the state of New York when placing an interactive gaming
 18 wager, who is authorized to participate in gaming pursuant to article
 19 thirteen of this chapter, and who participates in interactive gaming
 20 offered by a casino or operator. All interactive gaming wagers placed in
 21 accordance with this article shall be considered placed or otherwise
 22 made when received by the casino or operator at the licensed gaming
 23 facility, regardless of the authorized participant's physical location
 24 at the time such wager is initiated. The intermediate routing of elec-
 25 tronic data in connection wit