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    Home»Future Tech»New York sports betting statements bill advances
    Future Tech

    New York sports betting statements bill advances

    kirklandc008@gmail.comBy kirklandc008@gmail.comJune 3, 2026No Comments3 Mins Read
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    Panoramic view of the New York City skyline featuring the Empire State Building and Lower Manhattan skyscrapers during sunset, highlighting New York's financial and entertainment hub. New York advances bill requiring monthly sports betting account statements
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    A proposal that would require online sports betting companies in New York to send detailed monthly account statements to customers has now cleared both chambers of the state Legislature.

    Assemblymember Rebecca Kassay introduced Assembly Bill A10329 on February 20, 2026. After its introduction, the measure was sent to the Assembly Committee on Racing and Wagering for review before moving through the legislative process.

    BREAKING: New York lawmakers first to require licensed online sports betting operators send monthly sports betting statements to customers.

    Gov. Kathy Hochul (D) will now have final say on legislation.

    — RLinnehanSR (@RLinnehanSR) June 2, 2026

    If the bill becomes law, every authorized mobile sports bettor in New York would receive a monthly summary of account activity. Operators would have to deliver the reports electronically through push notifications, and the information would remain available through each bettor’s account.

    New York bill calls for sports betting information in monthly statements

    The legislation spells out a range of information that sportsbooks would need to provide. The statements would have to show how much money a customer deposited during the reporting period, the total amount wagered, and the overall value of winnings and losses.

    The reports also would be required to display a bettor’s net gain or net loss for the month. Lawmakers say the disclosures are intended to give customers a clearer picture of their gambling activity and financial results.

    Beyond financial totals, operators would need to disclose the total number of wagers placed during the reporting period. The statements also would have to include the amount of time a user spent logged into the mobile wagering platform.

    Any promotional credits, bonus funds, or free bets used during the month would need to be listed separately in an itemized accounting. The bill also adds requirements aimed at increasing awareness of responsible gaming resources.

    Monthly statements would be required to contain a “prominent and clear disclosure of responsible gaming resources,” including information about the state’s voluntary self-exclusion program and problem gambling assistance services, according to the legislation.

    Another section of the legislation would require operators to make a bettor’s lifetime wagering history accessible. Customers would be able to review long-term account activity in addition to receiving monthly reports.

    Sportsbooks would have no more than 15 days after the end of each calendar month to provide the required statements. The New York State Gaming Commission would be responsible for creating regulations covering formatting standards, readability requirements, and any additional disclosures needed to ensure the reports are easy to understand.

    The measure would become part of an existing section of state law that already requires mobile sports wagering operators to maintain responsible gaming information and submit annual problem gambling plans.

    The Assembly approved the bill on March 24 by a 143-0 vote, with seven abstentions. The Senate passed the legislation on June 2 after substituting Senate Bill S09415. Legislative records show the measure was then returned to the Assembly the same day.

    With approval from both chambers now secured, the bill is expected to be sent to Gov. Kathy Hochul for consideration. If signed, New York would become the first state to require licensed online sports betting operators to provide monthly account activity statements. The law would take effect on the first day of January following enactment.

    Featured image: Canva

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