Assembly Bill A10040A

2023-2024 Legislative Session

Relates to interactive fantasy sports

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

2023-A10040 - Details

See Senate Version of this Bill:
S9044
Current Committee:
Assembly Racing And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §§1401, 1402, 1403, 1404, 1405, 1406 & 1408, RWB L

2023-A10040 - Summary

Includes contests wherein participants select whether athletes, in the case of sporting events, shall accumulate more or less than a target score set by an operator, as an interactive fantasy sports contest; provides a definition for interactive fantasy sports gross revenue; makes related provisions.

2023-A10040 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10040
 
                           I N  A S S E M B L Y
 
                                May 2, 2024
                                ___________
 
 Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
   tee on Racing and Wagering
 
 AN ACT to amend the racing, pari-mutuel wagering and  breeding  law,  in
   relation to interactive fantasy sports
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Section 1401 of the racing, pari-mutuel wagering and breed-
 ing law, as added by chapter 237 of the laws of 2016, is amended to read
 as follows:
   § 1401. Definitions. As used in  this  article,  the  following  terms
 shall have the following meanings:
   1.  ["Authorized  player" shall mean an individual located in New York
 state, who is not a prohibited player, that participates in an  interac-
 tive fantasy sports contest offered by a registrant.
   2. "Collegiate sport or athletic event" shall mean a sport or athletic
 event  offered  or sponsored by or played in connection with a public or
 private institution that offers education services beyond the  secondary
 level.
   3.] "Commission" shall mean the New York state gaming commission.
   [4.  "Entry fee" shall mean cash or cash equivalent that is paid by an
 authorized player to an operator or  registrant  to  participate  in  an
 interactive  fantasy  sports  contest offered by such operator or regis-
 trant.
   5. "High school sport or athletic event" shall mean a sport or athlet-
 ic event offered or sponsored by or played in connection with  a  public
 or  private  institution that offers education services at the secondary
 level.
   6. "Highly experienced player" shall mean  an  authorized  player  who
 has:
   (a) entered more than one thousand contests offered by a single opera-
 tor or registrant; or
   (b)  won more than three prizes valued at one thousand dollars each or
 more from a single operator or registrant.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD14896-02-4
              

co-Sponsors

2023-A10040A (ACTIVE) - Details

See Senate Version of this Bill:
S9044
Current Committee:
Assembly Racing And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §§1401, 1402, 1403, 1404, 1405, 1406 & 1408, RWB L

2023-A10040A (ACTIVE) - Summary

Includes contests wherein participants select whether athletes, in the case of sporting events, shall accumulate more or less than a target score set by an operator, as an interactive fantasy sports contest; provides a definition for interactive fantasy sports gross revenue; makes related provisions.

2023-A10040A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                 10040--A
 
                           I N  A S S E M B L Y
 
                                May 2, 2024
                                ___________
 
 Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
   tee on Racing and Wagering  --  committee  discharged,  bill  amended,
   ordered reprinted as amended and recommitted to said committee
 
 AN  ACT  to  amend the racing, pari-mutuel wagering and breeding law, in
   relation to interactive fantasy sports
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 1401 of the racing, pari-mutuel wagering and breed-
 ing law, as added by chapter 237 of the laws of 2016, is amended to read
 as follows:
   §  1401.  Definitions.  As  used  in this article, the following terms
 shall have the following meanings:
   1. ["Authorized player" shall mean an individual located in  New  York
 state,  who is not a prohibited player, that participates in an interac-
 tive fantasy sports contest offered by a registrant.
   2. "Collegiate sport or athletic event" shall mean a sport or athletic
 event offered or sponsored by or played in connection with a  public  or
 private  institution that offers education services beyond the secondary
 level.
   3.] "Commission" shall mean the New York state gaming commission.
   [4. "Entry fee" shall mean cash or cash equivalent that is paid by  an
 authorized  player  to  an  operator  or registrant to participate in an
 interactive fantasy sports contest offered by such  operator  or  regis-
 trant.
   5. "High school sport or athletic event" shall mean a sport or athlet-
 ic  event  offered or sponsored by or played in connection with a public
 or private institution that offers education services at  the  secondary
 level.
   6.  "Highly  experienced  player"  shall mean an authorized player who
 has:
   (a) entered more than one thousand contests offered by a single opera-
 tor or registrant; or
   (b) won more than three prizes valued at one thousand dollars each  or
 more from a single operator or registrant.
   7.  "Horse  racing  event"  shall  mean  any  sport  or athletic event
 conducted in New York state subject to the provisions of  articles  two,
 three,  four,  five,  six,  nine, ten and eleven of this chapter, or any
              

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