Failed progress in New York as bill reinforcing sports betting regulations remains stagnant.
In the recent 2025 legislative session, New York's Assembly Bill A7962, which aimed to impose stricter regulations on sports betting, did not progress beyond the Assembly Racing and Wagering Committee. The bill, sponsored by Assemblyman Robert C. Carroll, was introduced in April 2025, with the intention of implementing several significant restrictions on sportsbook operations in the state.
The proposed bill included measures such as limiting customers to a maximum of five deposits within 24 hours, capping bets at $5,000 per event or $5,000 total per day, prohibiting the use of credit cards for sportsbook deposits, and restricting sportsbook advertising. The bill also sought to ban promotional terms like "bonus," "no sweat," and "bonus bet," as well as prohibiting live promotions from sporting events at any time.
Despite these stringent measures, the bill failed to move forward this year and remains stalled at the committee stage. The reasons for this seem to be the comprehensive restrictions on deposit limits, betting amounts, deposit methods, and advertising, which likely faced resistance from stakeholders or legislators concerned about their impact on the market and operators.
As a result, the current regulatory framework and promotional practices in New York sports betting remain unchanged for the time being. This development comes as the New York State Legislature continues its efforts to ban sweepstakes casinos, indicating a focus on regulating gambling activities within the state.
[1] Source: New York State Assembly website, Assembly Bill A7962, accessed on [date]. [3] Source: Committee hearing transcripts, Assembly Racing and Wagering Committee, accessed on [date].
The bill's proposed restrictions on sports-betting, such as deposit limits, betting amounts, deposit methods, and advertising, appear to have faced resistance and have prevented Assembly Bill A7962 from progressing further in the 2025 legislative session. Consequently, sports-betting in New York continues to operate under the current regulatory framework.
