New York Governor Kathy Hochul on Tuesday signed into law a bill intended to protect residents from potentially harmful effects of online gambling.
Previously, all advertisements for gambling and sports betting were required to include warnings about problem gambling, as well as a hotline number for those struggling with gambling addiction. The new legislation builds on that mandate, Times Union reports, clarifying that mobile sports betting is subject to the same rules as other gambling platforms and venues.
“I want New Yorkers to be able to safely enjoy the activities they love while proceeding with caution when necessary,” Hochul said, as per the report. “I’m confident that with the signing of this new bill, New Yorkers will have easier access to the safety resources they need to better protect themselves from the grips of addiction.”
Since sports wagering became legal in 2022, state legislators have grappled with its regulation. With mobile betting apps rising in popularity, the state has seen an upward trend in problem gambling complaints, especially from people younger than 25.
“More people than ever can access gambling, so as these opportunities increase, it is important that we continue our efforts to educate New Yorkers about the risks associated with problem gambling and where they can find help and support,” said Chinazo Cunningham, Commissioner of the State Office of Addiction Services and Supports.
The effort to offer more services for those with gambling problems comes as many fantasy apps now offer parlay wagering, in which bettors can combine their wagers on player statistics into a single bet.
Unlike traditional fantasy leagues, in which participants are required to pay entry fees to compete in days-long contests, parlay betting can provide short-term gratification on a string of individual bets. Some companies have begun offering this type of wagering to users under the legal betting age of 21, taking advantage of a loophole in state law that classifies their apps as games of skill rather than chance wagering.
Users can still experience addiction to fantasy sports, even if they do not legally qualify as gambling, experts warn. Problem gambling is often understood as a ‘hidden addiction,’ which even though has no physical signs; can result in financial, emotional, and physical harm.
“We are excited that the governor recognizes this bill as an important step forward in protecting New Yorkers that may be vulnerable to a gambling addiction,” said Assemblyman Clyde Vanel, D-Queens, who sponsored the bill in the state Assembly. “With this new law, we are strengthening the protection of New Yorkers across our state. These new changes to the gambling advertisements law will help to promote responsible gaming practices and provide support for those who need it.”
Original article: https://www.yogonet.com/international/noticias/2024/10/02/80624-new-york-governor-passes-law-to-include-mandatory-warnings-on-mobile-sports-betting-ads
