S10152 • 2025

Relates to mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor: Kristen Gonzalez
Last action: 2026-04-30
Official status: In Senate Committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Relates to mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts

Relates to mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts 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.

What This Bill Does

Relates to mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts 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.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-04-30 Senate
REFERRED TO RACING, GAMING AND WAGERING

Official Summary Text

Relates to mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts
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.

Current Bill Text

Read the full stored bill text

S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          10152

                                    I N  S E N A T E

                                     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