New York lawmakers introduced bills proposing changes to sports betting, customer safeguards and state officials’ use of prediction markets. Proposals include limiting permitted bets to event outcomes, setting default account limits and raising VIP enrolment requirements; most have gone to committee.
The proposals could change permitted wager types, operator customer controls and compliance duties in New York.
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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.
It was reported that the NFL criticised the CFTC’s proposed prediction market rules. The league sought restrictions on certain sports contracts, stronger insider trading controls and additional user protections.
Pennsylvania’s Joint State Government Commission has proposed changes to sports betting rules in a study submitted to state lawmakers. Recommendations include banning credit-card deposits and in-game microbets, requiring pre-set player limits and analysing anonymised player data; the proposals now depend on action by the General Assembly or Gaming Control Board.
Texas lawmakers filed resolutions on 9 November proposing constitutional amendments that would let voters decide on casino gaming and in-person sports betting at an election on 2 November 2027. The proposals would permit up to 10 casino licences and cap operator taxes at 15%; a separate Senate resolution would allow the Kickapoo Traditional Tribe of Texas to offer gaming through a state-tribal compact.
Texas Representative Charlie Geren and Senator Carol Alvarado filed resolutions proposing a statewide vote on a constitutional amendment to permit and regulate casino gaming and sports betting. The proposals would cap casino licences at 10 and set a 15% tax on revenue; a vote on 2 November 2027 would follow only if both chambers approve the measures.
Texas voters could decide whether to amend the constitution to legalise casino gaming and sports betting under joint resolutions filed by lawmakers, according to the source. Republican Representative Charlie Geren filed House Joint Resolution 52, while Democrat Senator Carol Alvarado filed Senate Joint Resolution 11. Both resolutions propose a statewide vote on 2 November 2027 if both chambers of the Texas legislature approve them.