New York Bill to Control Sports Betting Does Not Make It Past Committee

A new law proposed in New York to keep a closer eye on sports betting did not move forward from its first stage, even though more people are worried about how it affects society.

Assemblymember Carroll Proposed Limits on Bets, Ads, and Credit Card Use

Assembly Bill A7962, put forward in April 2025 by Assemblymember Robert Carroll, tried to set up a complete system to protect consumers in the quickly growing sports betting market. The bill’s main points included daily limits on deposits and bets, rules for betting platforms to share more data, and tough measures to stop ads that might trick or harm people.

If put into action, the proposal would have set a $5,000 limit on daily wagers for each user and capped deposits at five per day. It also wanted to outlaw the use of credit cards to fund accounts, a step to lower the chance of players racking up gambling debt through pricey cash advances.

The bill also put a lot of focus on advertising. A7962 wanted to stop ads that used words like “bonus,” “no sweat,” or “boosted odds.” It also aimed to ban sports betting ads from showing up between 8 a.m. and 10 p.m., and during any live sports events, no matter what time they were on. These suggested changes came from growing worries that these marketing tricks target people who might be at risk, including kids and those who have trouble with gambling.

Push for Tighter Sports Betting Rules Falters Amid Economic Concerns

In a social media update after the bill was introduced, Carroll claimed New Yorkers need better safeguards in an industry he called “regulated” and “damaging” to thousands. He stressed that the law aimed to set up “boundaries” around betting habits, not to ban gambling.

Despite its goals, the bill did not move past the Assembly Racing and Wagering Committee. People watching the situation point out that the plan met opposition from groups worried about the financial impacts of such rules. Those against it feared the restrictions might push big bettors to place bets in nearby states or on offshore sites not under New York’s control.

If A7962 had become law, it would have added to the gambling rules passed in 2023. These rules already make ads show warnings about responsible gambling and give hotline information. The bill would have also required better ways to protect users. These include letting bettors set their own limits, see their full account history, and find help for gambling problems.

Even though A7962 did not pass, it got people talking again about how to balance making money with keeping people healthy in one of the country’s biggest sports betting markets. New York made online sports betting legal in 2022. Since then, it has brought in over $3 billion in taxes from a huge $70 billion in total bets.