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    Home»News»New York sports betting statements bill advances
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    New York sports betting statements bill advances

    Editor Times FeaturedBy Editor Times FeaturedJune 4, 2026No Comments3 Mins Read
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    A proposal that might require on-line sports activities betting firms in New York to ship detailed month-to-month account statements to prospects has now cleared each chambers of the state Legislature.

    Assemblymember Rebecca Kassay launched Meeting Invoice A10329 on February 20, 2026. After its introduction, the measure was despatched to the Meeting Committee on Racing and Wagering for overview earlier than transferring by the legislative course of.

    BREAKING: New York lawmakers first to require licensed on-line sports activities betting operators ship month-to-month sports activities betting statements to prospects.

    Gov. Kathy Hochul (D) will now have last say on laws.

    — RLinnehanSR (@RLinnehanSR) June 2, 2026

    If the invoice turns into regulation, each approved cellular sports activities bettor in New York would obtain a monthly summary of account activity. Operators must ship the experiences electronically by push notifications, and the knowledge would stay obtainable by every bettor’s account.

    New York invoice requires sports activities betting data in month-to-month statements

    The laws spells out a spread of knowledge that sportsbooks would want to offer. The statements must present how a lot cash a buyer deposited throughout the reporting interval, the entire quantity wagered, and the general worth of winnings and losses.

    The experiences additionally could be required to show a bettor’s internet acquire or internet loss for the month. Lawmakers say the disclosures are meant to offer prospects a clearer image of their playing exercise and monetary outcomes.

    Past monetary totals, operators would want to reveal the entire variety of wagers positioned throughout the reporting interval. The statements additionally must embody the period of time a person spent logged into the cellular wagering platform.

    Any promotional credit, bonus funds, or free bets used throughout the month would must be listed individually in an itemized accounting. The invoice additionally provides necessities aimed toward rising consciousness of accountable gaming assets.

    Month-to-month statements could be required to comprise a “distinguished and clear disclosure of accountable gaming assets,” together with details about the state’s voluntary self-exclusion program and downside playing help companies, in accordance with the laws.

    One other part of the laws would require operators to make a bettor’s lifetime wagering historical past accessible. Prospects would be capable of overview long-term account exercise along with receiving month-to-month experiences.

    Sportsbooks would have not more than 15 days after the tip of every calendar month to offer the required statements. The New York State Gaming Fee could be chargeable for creating laws overlaying formatting requirements, readability necessities, and any extra disclosures wanted to make sure the experiences are straightforward to grasp.

    The measure would turn into a part of an present part of state regulation that already requires cellular sports activities wagering operators to take care of accountable gaming data and submit annual downside playing plans.

    The Meeting accredited the invoice on March 24 by a 143-0 vote, with seven abstentions. The Senate handed the laws on June 2 after substituting Senate Invoice S09415. Legislative data present the measure was then returned to the Meeting the identical day.

    With approval from each chambers now secured, the invoice is anticipated to be despatched to Gov. Kathy Hochul for consideration. If signed, New York would turn into the primary state to require licensed on-line sports activities betting operators to offer month-to-month account exercise statements. The regulation would take impact on the primary day of January following enactment.

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