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New York lawmakers propose $5,000 daily betting limit in A7962

Regulation

New York Assemblymember Robert Carroll introduced Assembly Bill A7962 to tighten sports betting rules in the state. The proposal would cap deposits or wagers at $5,000 in 24 hours, restrict advertising and prohibit credit-card use; it also requires further legislative action.

Operators would face proposed daily limits, advertising restrictions and new responsible-gambling obligations if the bill advances.

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