New York is close to becoming the latest state to shut down the online sweepstake casino. Bill S5935aWhich will exclude dual-currency sweepstake gaming status Both Senate and Assembly,

Now, it has led Governor Kathy Huchul DeskIf she signs it, the bill will be taken Immediately Effect.

Why does this bill matters

S5935A has targeted any online game or competition Dual money system This allows users to win real cash or cash equivalent when simulating users Casino-style gameIt includes slots, poker, sticks and even sports betting.

It gives State gaming commission The final says what matters as “dual currency”, cutting any wigley room for operators and is trying to claim technical exceptions or alternative interpretations.

While bill Do not make criminal allegationsIt can impose Fine up to $ 100,000 per violationAlso, gaming license or loss of eligibility to apply in future. The rules are quite widespread that gaming providers can also be snatched into this net.

Attorney General Already cleaning home

Beyond the passing of the bill, New York Attorney General Latitia James Released Break and desired letter To 26 sweepstake operatorWhich allegedly complied. So the enforcement is already running well, and the new law gives it even more muscles.

The name S5935 is responsible for the cracks of three agencies:

• State gaming commission
• State police
• Attorney General’s office

This mirror strategy has been used in states such as Florida and Connecticut, ignoring the unlicensed sweepstake operation.

Industry pushbacks, but does it matter?

Not everyone is on the board, of course. Social and Publicity Sports Association (SPGA) A public call was issued to veto the bill for Hosul, but nothing is likely to change at this stage.

It said, “This is a backward bill that prevents investment and innovation and gives a large power to an unrelated regulatory body.”

They are particularly upset Vague language And this Conscience given to regulators To define what matters as an prohibited sweepstake game.

However, the track record of SPGA on the stopping law has been weak so far. And major operators already twisted their tents, on the wall of writing.

Addabbo wants legal igaming

Senator Joseph Edbo introduced the bill and turned blunt: it’s about Follow the route for fully regulated online casino,

“Unless we legalize online gaming in New York, we don’t want the illegal market not to expand,” he said on the fighter of the Senate. “This is not the case. When is this.”

What does it mean for players

• If you are in New York and playing in a sweepstake casino – then you are out of luck soon.
• Most of the big names have already gone
• More exits are coming
• And if you have got Sweep coins, gold coins, or pending prizesit’s time to Cash outs when you can still do