New York could become the first US state to require sportsbooks to send players monthly betting statements, after both chambers of the state Legislature approved bill A10329.
The New York Senate unanimously passed the measure after the Assembly had already signed off on it, sending the bill to Gov. Kathy Hochul for review.
If she signs it, the new requirement would take effect on Jan. 1.
What the monthly statements would include
Under the bill, regulated sportsbooks would have to provide customers with a monthly summary of their betting activity.
Those statements would include:
Deposits
Wagers
Winnings
Losses
Net win or loss
Total wagers
Time spent
Bonuses and credits
Information on responsible gambling tools
Access to betting history
The stated goal is to help bettors better track their activity and spot possible warning signs of problem gambling. The proposal would not directly change the tax revenue generated by legal sports betting.