A bill recently filed in New York would end sports betting operators’ practice of limiting winning customers.
A9125, introduced by Assemblymember Alex Bores, was referred to the Racing and Wagering Committee late last week. The bill calls for sports betting operators to be “prohibited from limiting the size or frequency of deposits or wagers” just because a customer “obtains financial benefit” from wagering.
Sportsbooks in the most lucrative sports betting U.S. market would only be allowed to restrict or ban an “authorized” bettor if its for suspicious activity or problem gambling. Even then, the New York sports betting operator would be required to provide electronic written notice to the bettor within 24 hours that includes why the customer was limited and for how long. The customer would also be provided with a gambling hotline number and shown concern for problem gambling.
