A new bill being considered by
state lawmakers could alter how sports betting companies attract new customers
in New York.
State Sen. Pete
Harckham's newest legislation would require state oversight of how gambling
companies use specific promotions to get new customers onboard.
Specifically, practices like
"risk-free" bets, wager matching and boosted odds for new users are
all causing controversy.
Sen. Harckham says he still
supports legal mobile sports betting, but argues "folks who don't have full transparency and don't understand what they're
getting into will very soon find themselves in financial hardship."