New York A09557 restricts funding for mobile sports wagering accounts to specific payment methods.
New York A09557 amends the racing, pari-mutuel wagering, and breeding law to specify the authorized methods for funding mobile sports wagering accounts. These methods include automated clearing houses or electronic funds transfers from the bettor's personal bank account, wire transfers from the bettor's personal bank account, personal checks delivered to the operator, debit cards issued by a financial institution that draw directly from the bettor's personal bank account, and in-person cash deposits at a casino or other approved location.
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