New York bill aims to crack down on “predatory sportsbook bonuses”

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The bill – Senate Bill 9605 – was introduced in the New York State Senate by senator Pete Harckham.

It says that the New York State Gaming Commission must “promulgate rules and regulations regarding predatory sportsbook bonuses in mobile sports betting, including but not limited to, deposit, matching, risk-free betting, free money, free bets, site credits and profit boosts”.

It did not, however, provide any detail on what action the regulator should take against these, such as whether the so-called “predatory” promotions should be banned or simply face tighter rules.

Read the full story on iGB North America

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