NY Bill A09125 Seeks to Stop Sportsbook Limits on Bettors

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NY Bill A09125 Seeks to Stop Sportsbook Limits on Bettors

Assemblymember Alex Bores has introduced Assembly Bill A09125, also called the Fair Play Act. It seeks to stop licensed online sportsbooks from restricting deposit or wager sizes for licensed sports bettors.

Bores, representing New York’s 73rd Assembly District, emphasized the need for regulation that balances operator oversight with bettor rights. 

He said, “Licensed bettors in New York should not be penalized for responsibly enjoying online sportsbooks or participating in horse racing wagers.”

Moreover, the legislation specifically targets operators who impose account restrictions on successful or frequent bettors. However, this practice that has drawn criticism from players and consumer advocates.

A09125 Seeks to Protect Bettors

The Fair Play Act prohibits sportsbooks from limiting or banning accounts based solely on betting success or frequency. Exceptions are permitted only in cases of suspicious wagering activity or indicators of problem gambling, as defined by state law.

Operators would be required to provide account holders with written notice within 24 hours of any limitations, detailing the reason, duration, and nature of the restriction. 

Additionally, notices must also include information about the state’s problem gambling hotline if restrictions are imposed due to gambling concerns.

Bores explained that such transparency is critical: 

“Sports bettors deserve to know why their accounts are restricted and have access to clear channels for appeal.”

Potential Impact in New York’s Market

Currently, New York’s sports betting market is among the largest in the U.S. This includes online sportsbooks and regulated horse racing wagers at racinos and tracks statewide. 

However, some bettors report restrictions when winning consistently or placing larger bets. This raises concerns that successful players are unfairly targeted.

If enacted, A09125 would take effect 180 days after signing, giving operators time to adjust compliance policies. The bill has been referred to the Assembly Committee on Racing and Wagering for review. 

Proponents say the bill would boost bettor confidence and promote responsible gambling. It also helps New York stay competitive in online sportsbooks and horse racing.

As sports betting grows, lawmakers like Bores aim to create a market that is both profitable and fair. They address long-standing player complaints.