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April 18, 2025 – FairOdds Network

Daily Archives: April 18, 2025

State of the Union: NY bill proposes dramatic sports betting limits; ECGC review, more

Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.

NY assemblyman introduces bill on sports betting limits

A New York assemblyman introduced proposed legislation this week with sweeping restrictions that seek to curtail excessive wagering behaviour.

The bill from Assemblyman Robert Carroll would establish a wagering ceiling of $5,000 (£3,760/€4,389) per day on New York sports betting accounts. It would also limit the number of account deposits a customer can make over a 24-hour period. In addition, the legislation would create restrictions on sportsbook advertising, a point of contention among problem gambling advocates over the last several years.

New York lawmakers have introduced a bill that would restrict deposits and advertising in the nation's highest-grossing legal sports betting market; bill would prohibit bettors from wagering more than $5,000..

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