Warning: Undefined array key "post_type_share_twitter_account" in /var/www/vhosts/casinonewsblogger.com/public_html/wp-content/themes/cryptocurrency/vslmd/share/share.php on line 24
A bill requiring online sports betting operators to provide New York customers with monthly activity statements is now awaiting Gov. Kathy Hochul’s signature.
The New York Senate unanimously approved Assembly Bill A10329 on Tuesday by a 61-0 vote. The Assembly previously passed the measure 143-0 in March. If signed into law, New York would become the first state to require electronic monthly betting statements.
The legislation, introduced by Assembly Member Rebecca Kassay, would require sportsbooks to send customers monthly summaries detailing deposits, winnings, losses, wager amounts, and betting activity.
“Equipping New Yorkers with key data surrounding gaming activity and behavior bolsters informed participation and is critical in reducing problem gambling in our communities,” Kassay earlier said. “This bill modernizes consumer protections to ensure that mobile sports betting platforms operate responsibly in our state while prioritizing the well-being of our residents.”
Under the proposal, sportsbooks would be required to deliver statements within 15 days after the end of each month. Beginning Jan. 1, 2027, customers would receive reports detailing net gains and losses, total time spent logged into betting platforms, promotional credits used, responsible gaming resources, and lifetime wagering history.
The bill moved through the legislature with little opposition. A companion Senate measure sponsored by Sen. Joseph Addabbo was ultimately replaced by A10329 after Senate Bill S9415 cleared the Racing, Gaming and Wagering Committee by a unanimous 7-0 vote.
The requirement would apply to all licensed online sportsbooks in New York, including FanDuel, DraftKings, BetMGM, Fanatics Sportsbook, Caesars Sportsbook, Rush Street Interactive, theScore Bet, and Bally Bet.
The bill is part of a broader push by state lawmakers to strengthen responsible gaming measures and increase oversight in the nation’s largest sports betting market.
Similar efforts are also emerging in neighboring states. Lawmakers in New Jersey are considering comparable monthly activity statement requirements and additional transparency measures related to wagering limits.
Meanwhile, Massachusetts has recently implemented regulations requiring sportsbooks to provide certain bettors with explanations when account restrictions are imposed.