New York A10495 prohibits mobile sports wagering operators from requiring bettors to wager deposited funds before withdrawing them.
New York A10495 amends the racing, pari-mutuel wagering, and breeding law to prohibit mobile sports wagering operators from imposing any condition requiring an authorized sports bettor to wager deposited funds as a prerequisite to withdrawing such funds. Bettors can withdraw any un-wagered deposited funds from their account at any time, subject only to identity verification and fraud prevention measures approved by the commission.
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