New York S02616 amends the racing, pari-mutuel wagering, and breeding law to allow season-long proposition bets and future award winners as.
New York S02616 amends the racing, pari-mutuel wagering, and breeding law to redefine "sports wagering" to include betting on the individual performance statistics of athletes and annual awards or honors for athletes or teams. The bill allows season-long proposition bets and future award winners as authorized bets. It sets limitations for in-game and season-long proposition bets, ensuring they do not risk undue interference, insider trading, or other issues that could compromise the integrity and fairness of the sports wagering program.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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