Prohibits proposition bets on all sporting events

This bill prohibits "prop bets" in New York's licensed sports wagering, meaning operators cannot offer wagers on specific in-game events like player performance, referee decisions, or timing. It directly affects licensed sports betting platforms, casinos, and mobile wagering apps operating in New York. The key provision bans all proposition bets - defined as wagers on outcomes other than the final score or winner - and restricts betting to only the final result, score, or winner of a sporting event. Violations could result in fines up to $100,000 per incident, license suspension, or voided wagers.