New York S05935 prohibits online sweepstakes games and revenue from illegal markets, sets penalties, and provides for enforcement.
New York S05935 amends the racing, pari-mutuel wagering, and breeding law to prohibit online sweepstakes games and revenue from illegal markets. It defines "online sweepstakes game" as any game available on the internet that uses a dual-currency system, allowing players to exchange currency for cash prizes or equivalents. The bill sets penalties for violations, including fines and loss of gaming licenses. Enforcement is the responsibility of the state gaming commission, state police, or attorney general's office, which can conduct investigations, hold hearings, and issue subpoenas.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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