Authorizes up to two percent of mobile sports tax revenue, but not more than twenty-three million dollars, be used for youth team sports funding to be distributed by county youth bureaus, city of New York's department of youth and community development, and an organization which supports and invests in programs that use sports as a vehicle for youth development and social change.
Authorizes up to two percent of mobile sports tax revenue, but not more than twenty-three million dollars, be used for youth team sports funding to be distributed by county youth bureaus, city of New York's department of youth and community development, and an organization which supports and invests in programs that use sports as a vehicle for youth development and social change.
Requires mobile sports wagering operators to submit anonymized data to the gaming commission; authorizes the gaming commission to share such data for the purposes of studying the impact of mobile sports wagering on problem gambling.
Provides that mobile sports wagering operators and mobile sports wagering platforms are prohibited from limiting the size and frequency of deposits or wagers of authorized sports bettors because the bettor obtains financial benefit or due to the bettor's waging activity; provides exceptions for suspicious wagering activity and indications of a gambling disorder; requires such operators and platforms to provide electronic written notice when an authorized sports bettor is limited or banned.
Prohibits mobile sports wagering operators and mobile sports wagering platforms from allowing more than five deposits from an authorized sports bettor in a twenty-four hour period.
Establishes certain limits on sports betting for both mobile and casino sports betting to include advertisements and wager limits; prohibits the use of credit cards to make deposits on mobile sports betting.