Relates to preventing minors from participating in sports wagering and creating accounts on mobile sports wagering platforms; requires platforms to employ commercially reasonable and technically feasible age assurance methods.
Prohibits mobile sports wagering operators and mobile sports wagering platforms from allowing more than five deposits from an authorized sports bettor in a twenty-four hour period.
Provides that mobile sports wagering operators and mobile sports wagering platforms are prohibited from limiting the size and frequency of deposits or wagers of authorized sports bettors because the bettor obtains financial benefit or due to the bettor's waging activity; provides exceptions for suspicious wagering activity and indications of a gambling disorder; requires such operators and platforms to provide electronic written notice when an authorized sports bettor is limited or banned.
Prohibits mobile sports wagering operators or platform providers from permitting, accepting, or facilitating the placement of a sports wager through a mobile application or platform from any individual on a college campus in the state; requires mobile sports betting platforms to implement geofencing restrictions on campuses and properties; limits exposure to gambling for college-aged students; reduces distractions in academic settings.
Limits sports wagering to wagers on the final outcome, score, or winner of a sporting event or contest.
Requires mobile sports wagering operators to submit anonymized data to the gaming commission; authorizes the gaming commission to share such data for the purposes of studying the impact of mobile sports wagering on problem gambling.
Provides that no advertisement by or on behalf of a mobile sports wagering licensee shall be publicly disseminated during the broadcast of any live sporting event.
Prohibits mobile sports wagering operators from imposing any condition requiring an authorized sports bettor to wager deposited funds as a prerequisite to withdrawing such funds.
Removes the prohibition on sports wagering on sports events involving New York college teams.
Requires mobile sports wagering operators to share monthly invoice statements to authorized consumers; specifies information required.