New York S 2616: Relates to allowing season-long proposition bets and future award winners as authorized bets

Bill Text

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S02616 Summary:

BILL NOS02616 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORADDABBO

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §1367, RWB L

&nbsp

Allows season-long proposition bets and future award winners as authorized bets; sets limitations for in-game and season-long proposition bets.

Go to top S02616 Actions:

BILL NOS02616 

&nbsp

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

02/11/2025REPORTED AND COMMITTED TO FINANCE

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

Go to topS02616 Committee&nbspVotes:

Go to topS02616 Floor&nbspVotes:

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

Go to topS02616 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2616

 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 allowing season-long proposition bets and future award
 winners as authorized bets

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

 1 Section 1. Paragraph (x) of subdivision 1 of section 1367 of the
 2 racing, pari-mutuel wagering and breeding law, as amended by section 3
 3 of part Y of chapter 59 of the laws of 2021, is amended to read as
 4 follows:
 5 (x) "Sports wagering" means wagering on sporting events or any portion
 6 thereof, or on the individual performance statistics of athletes partic-
 7 ipating in a sporting event, [or] combination of sporting events, or
 8 annual awards or honors for an individual athlete or team performance
 9 during or throughout a season, by any system or method of wagering,
 10 including, but not limited to, in-person communication and electronic
 11 communication through internet websites accessed via a mobile device or
 12 computer, and mobile device applications; provided however that sports
 13 wagers shall include, but are not limited to, single-game bets, teaser
 14 bets, parlays, over-under bets, money line, pools, in-game wagering,
 15 in-play bets, in-game and season-long proposition bets, and straight
 16 bets; provided however, that such in-game and season-long proposition
 17 bets shall be limited to those wagers that the commission determines not
 18 to be at risk of undue interference, insider trading of information, or
 19 other issues that could compromise the integrity and fairness of the
 20 sports wagering program; and provided further, that coin toss bets that
 21 affect the gameplay of an event shall be permitted at all sporting
 22 events unless prohibited by the commission for reasons related to the
 23 integrity and fairness of the sports wagering program;
 24 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD06888-01-5

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