New York S 10152: Relates to mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts

Bill Text

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S10152 Summary:

BILL NOS10152 

&nbsp

SAME ASSAME AS A09557-A

&nbsp

SPONSORGONZALEZ

&nbsp

COSPNSRFAHY

&nbsp

MLTSPNSR

&nbsp

Amd §1367-a, RWB L

&nbsp

Provides that only automated clearing houses or electronic funds transfers from such authorized sports bettor's personal bank account, wire transfers from an authorized sports bettor's personal bank account, personal checks delivered to the operator, a debit card issued by a financial institution that draws directly from such authorized sports bettor's personal bank account only and not a prepaid debit card, or in-person cash deposits at a casino or other approved location, may be used to fund mobile sports wagering accounts.

Go to top S10152 Actions:

BILL NOS10152 

&nbsp

04/30/2026REFERRED TO RACING, GAMING AND WAGERING

Go to topS10152 Committee&nbspVotes:

Go to topS10152 Floor&nbspVotes:

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

Go to topS10152 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 10152

 IN SENATE

 April 30, 2026
 ___________

 Introduced by Sen. GONZALEZ -- 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 mechanisms authorized sports bettors may utilize to fund
 their mobile sports wagering accounts

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

 1 Section 1. Paragraph (b) of subdivision 5 of section 1367-a of the
 2 racing, pari-mutuel wagering and breeding law, as added by section 4 of
 3 part Y of chapter 59 of the laws of 2021, is amended to read as follows:
 4 (b) Authorized sports bettors may deposit and withdraw funds to and
 5 from their account on a mobile sports wagering operator through [elec-
 6 tronically recognized payment methods, including but not limited to
 7 credit cards and debit cards, or via any other means approved by the
 8 commission; provided however, that in the case of credit card payments,
 9 each authorized sports bettor's account per operator shall be limited to
 10 a credit card spending amount of two thousand five hundred dollars per
 11 year; and provided further, that this limitation shall not apply to
 12 other payment methods or to debit cards] the following mechanisms: an
 13 automated clearing house or electronic funds transfer from such author-
 14 ized sports bettor's personal bank account, a wire transfer from such
 15 authorized sports bettor's personal bank account, a personal check
 16 delivered to the operator, a debit card issued by a financial institu-
 17 tion that draws directly from such authorized sports bettor's personal
 18 bank account only and not a prepaid debit card, or an in-person cash
 19 deposit at a casino or other location, with the approval of the commis-
 20 sion. No operator shall be authorized to provide a line of credit to any
 21 authorized sports bettor.
 22 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14304-03-6

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