Enhances know your customer requirements and responsible gaming procedures

• Democratic6
• Republican3

◆ The sponsor's argument

Why Joseph P. Addabbo Jr. says this is needed

Mobile sports wagering has expanded rapidly, offering convenience and accessibility to millions of adults. However, that same accessibility creates risks when existing safeguards are intentionally bypassed. According to the NCAA's 2023 Sports Wagering Survey, 58% of 18- to 22-year-olds have engaged in at least one sports betting activity. Account sharing and proxy betting are amongst the most common ways minors gain access to gambling platforms, despite statutory age restrictions. This exposes minors to harms including early exposure to gambling behaviors, which research shows increases the risk of future gambling addiction and gambling-related harm. Problem gambling has increased in prevalence in recent years, coinciding with the rapid expansion and 24/7 accessibility of mobile sports wager- ing platforms. The ease of account creation, instant deposits, high-fre- quency wagering, and targeted digital marketing have lowered barriers to participation while increasing exposure to gambling-related harm, particularly among young adults and vulnerable populations. This bill responds by strengthening identity verification and account integrity safeguards, requiring ongoing monitoring of behavioral risk factors, mandating evidence-based risk assessments, and establishing structured responsible gaming procedures overseen by senior compliance officials and the Gaming Commission. By combining enhanced know-yourcustomer protections with data-driven risk detection, the bill seeks to reduce gambling-related harm while preserving lawful access to mobile sports wagering.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.