S 8777 New York Senate · 2023 Regular Session

Relates to allowing season-long proposition bets and future award winners as authorized bets

This bill updates the definition of sports wagering to explicitly include bets on season-long outcomes and future award winners. It allows these types of bets to be placed through various methods, such as online apps or in-person, alongside existing single-game options. The law includes a safety requirement that the state commission must approve these specific bets to ensure they do not threaten the fairness of the sport or risk insider trading. Additionally, the bill permits coin toss bets unless the commission decides they would compromise the integrity of the event. These changes directly affect sports betting operators and bettors by expanding the range of available wagers.
Bill status passed 3 of 5 stages cleared
Introduction
Mar 2024
Committee Review
Jun 2024
Senate Passage
Jun 2024
Assembly Passage
Governor
Introduced Mar 11, 2024 Last action Jun 4, 2024
Floor votes · Senate Jun 4, 2024

How they voted

60–1
Passed · 1 other
Total votes 62
Jun 4, 2024
D Democratic41
40 Yea 1 Nay
97% Yea
R Republican21
20 Yea 1
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
9
Key actions
3
Committee
4
Amendments
2
Jun 4, 2024
Committee
REFERRED TO RACING AND WAGERING
lower
Jun 4, 2024
Upper · Passed
PASSED SENATE
upper
Jun 4, 2024
Committee
COMMITTEE DISCHARGED AND COMMITTED TO RULES
upper
May 28, 2024
Upper · Passed
PRINT NUMBER 8777A
upper
May 28, 2024
Upper · Passed
AMEND AND RECOMMIT TO FINANCE
upper
May 14, 2024
Committee
REPORTED AND COMMITTED TO FINANCE
upper
Mar 11, 2024
Committee
REFERRED TO RACING, GAMING AND WAGERING
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Joe Addabbo
Joe Addabbo
DDemocratic
NY
15