New York lawmakers propose new federal regulations on sports betting
New York lawmakers are looking at a proposal to change how mobile sports betting platforms treat their customers.
The measure, called the “Fair Play Act” (Assembly Bill A09125), would stop sportsbooks from limiting how much or how often someone can wager just because that person wins often or places a lot of bets.
Introduced by Assembly member Alex Bores on September 26, the bill is now in the Assembly Committee on Racing and Wagering.
Licensed sportsbooks such as DraftKings, FanDuel, Fanatics, and bet365 have been known to limit players who go on winning streaks. These restrictions often target higher-stakes bettors, cutting their maximum wager down to a fraction of what they would normally place, going as low as $1. While technically not banning the player outright, the move effectively pushes them off the platform since betting becomes impractical.
This practice has sparked debate over fairness in the industry. Critics argue that if sportsbooks are quick to take wagers when players lose, they should not be able to shut them out when players win.
The benefits of the new Fair Play Act are that it addresses this imbalance by preventing sportsbooks from limiting bettors simply for being successful. The bill would require platforms to treat all authorized players consistently, while still allowing restrictions in cases of suspicious activity or signs of problem gambling.
If passed, the measure would take effect 180 days after becoming law, giving operators time to adjust their practices.