Key Takeaways
- New York lawmakers are advancing legislation requiring monthly sportsbook activity statements
- Bettors would receive reports detailing deposits, wagers, wins, losses, and overall results
- The bill is part of a broader push for responsible gaming protections
- If signed into law, the requirements would take effect in 2027
Bill Advances Toward Final Approval
Assembly Bill A10329 has already cleared the New York Assembly and recently advanced through the Senate Racing, Gaming, and Wagering Committee. The proposal now sits one Senate vote away from potentially reaching Governor Kathy Hochul’s desk.
If approved, licensed sportsbooks would be required to send electronic monthly account statements to users no later than 15 days after the end of each calendar month. The reports would be delivered through push notifications and provide a standardized breakdown of each bettor’s activity.
Under the legislation, sportsbooks would need to disclose:
- Total deposits made during the month
- Total amount wagered
- Overall winnings and losses
- Net profit or loss
- Number of bets placed
- Time spent logged into the platform
- Promotional credits, bonuses, and free bets used
- Responsible gambling resources and self-exclusion information
- Access to lifetime wagering history
Lawmakers Emphasize Transparency
Supporters of the bill argue that many bettors have access to this information already but rarely take the time to review it inside sportsbook apps. The proposal would instead require operators to proactively deliver the data in a format similar to a bank statement or credit card summary.
Backers believe providing a consolidated monthly snapshot could help users better understand their gambling habits and overall financial results. The legislation is also intended to make responsible gaming tools more visible by including problem gambling resources directly within the reports.
The New York State Gaming Commission would be responsible for establishing formatting standards to ensure statements remain clear, consistent, and easy for consumers to understand.
Potential Model for Other States
If enacted, New York would become the first state to mandate automatic monthly betting statements for sportsbook users. Several other jurisdictions have explored similar responsible gaming measures, but none have implemented a comparable requirement.
The proposal arrives as regulators across the country continue debating ways to strengthen consumer protections amid the rapid growth of legal sports betting. Industry observers believe New York’s approach could become a model for other states looking to increase transparency without imposing major restrictions on wagering activity.
With New York continuing to generate the largest sports betting handle in the United States, any new regulatory standards adopted by the state are likely to attract national attention. If the legislation receives final approval, sportsbooks operating in New York would begin issuing monthly account summaries starting January 1, 2027.
