Establishes consumer-protection standards for high-value customer programs offered by mobile sports wagering operators.
New York A09579 establishes consumer-protection standards for high-value customer programs offered by mobile sports wagering operators. It defines "high-value customer program" and mandates affordability reviews before enrollment. The bill prohibits offering incentives based on net losses, escalating losses, or wagering at unsustainable levels. It also bars incentives that encourage increased betting or wagering beyond limits. The legislation requires maintaining records of reviews and re-evaluating participants quarterly.
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