S 10152 NY

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Bill No.: Summary Actions Committee&nbspVotes Floor&nbspVotes Memo Text LFIN Chamber&nbspVideo/Transcript S10152 Summary: BILL NO S10152 &nbsp SAME AS SAME AS A09557-A

&nbsp SPONSOR GONZALEZ &nbsp COSPNSR FAHY &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 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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