New York lawmakers approved a bill that would require licensed online sportsbooks to send bettors monthly account statements, and the measure was awaiting action from Gov. Kathy Hochul. The Senate passed it 61-0 after the Assembly had already approved it 143-0.
The proposal would cover the state’s licensed mobile sportsbooks, including FanDuel, DraftKings, BetMGM, Fanatics, Caesars, Rush Street, theScore Bet and Bally Bet. If signed, the disclosure rule would begin on Jan. 1, 2027.
Under S.9415, operators would have to provide monthly electronic statements showing total deposits, total wagers placed, winnings and losses, net gains or losses, the number of wagers placed, total time spent logged into wagering platforms, promotional credits used and access to lifetime wagering history. The legislation would also require the statements to be delivered within 15 days after each month ends and kept continuously accessible through the user’s account.
The statements would prominently direct bettors to responsible-gaming resources, including voluntary self-exclusion programmes and problem-gambling assistance services. The bill would also direct the New York State Gaming Commission to set standardized formatting rules so the disclosures are clear, accessible and easy to understand.
The measure was introduced on Feb. 24 by Assemblymember Anna Kassay and referred to the Committee on Racing and Wagering. A similar Senate bill, S.9415, later passed the Racing, Gaming and Wagering Committee 7-0 before A10329 became the vehicle that cleared both chambers.
Addabbo, the Senate sponsor, cast the bill as a consumer-protection measure. He said bettors should have access to a monthly report of their activity, likening it to statements from banks and credit card companies.
He also said too many bettors have to sift through transaction histories and multiple account screens to work out how much they have wagered or lost over time. In his telling, a monthly statement could help people spot patterns, assess spending and identify warning signs before problems escalated.
Kassay made a similar case, saying that giving New Yorkers clearer data on gaming activity and behaviour would bolster informed participation and help reduce problem gambling. She said the bill would modernise consumer protections while keeping mobile sports betting platforms responsible.
Covers reported that New York would become the first state to require electronic monthly sports betting statements. It also described the measure as part of a broader push for responsible gaming and tighter regulation in one of the country’s most lucrative betting markets.
That market remained large even as it softened in May. New York bettors staked $2.13 billion during the month, down 3.6% from a year earlier, while operator revenue fell 18% to $204.3 million.
FanDuel and DraftKings accounted for 69% of the total handle, with more than $1.47 billion in combined wagers during May. FanDuel was the only mobile sportsbook to post a double-digit hold, turning a $767.8 million handle into $88.7 million in gross revenue.