NY One Vote From Becoming First State to Mandate Monthly Sports Betting Statements
New York is one Senate vote away from becoming the first US state to legally require online sports betting operators to send monthly financial statements to every registered customer. Assembly Bill A10329, sponsored by Assembly Member Rebecca Kassay (D-4), this week advanced to a third reading on the Senate floor after the Senate Racing, Gaming, and Wagering Committee unanimously approved it 7-0 on May 20.
The Numbers So Far
What the Bill Requires
A10329 requires every licensed mobile sports betting operator in New York to send a financial statement to each registered user via push notification no later than 15 days after the end of each calendar month. The bill specifies the following disclosures must be included:
- Total amount of funds deposited during the month
- Total amount wagered during the month
- Total amount of winnings
- Total amount of losses
- Net gain or loss for the period
- Total number of bets placed
- Total time the bettor was logged into the platform
- Itemized account of any promotional credits, bonuses, or free bets used
- Prominent disclosure of responsible-gaming resources and the NY self-exclusion program
- Access to the bettor's lifetime wagering history
The legislation also gives the New York State Gaming Commission authority to issue regulations "establishing standardized formatting, clarity requirements, and any additional disclosures necessary to ensure such statements are readily understandable." That last clause matters — without it, each operator could deliver the data in radically different formats. The NYSGC mandate ensures statements are comparable across books.
The Path to Law
- March 2026 Assembly approves A10329
Unanimous 143-0 vote in the New York State Assembly.
- May 20, 2026 Senate Committee approval
Senate Racing, Gaming, and Wagering Committee passes the bill 7-0.
- Week of May 26, 2026 Third reading on Senate floor
Bill advances to its third reading; one full Senate vote away from Governor Hochul's desk.
- January 1, 2027 Effective date (if signed)
All nine NY-licensed mobile operators must begin sending monthly statements.
Why This Matters
Most of the data the bill mandates is already accessible inside the FanDuel, DraftKings, BetMGM, Caesars, and other operator apps — bettors can pull deposit history, wagering totals, and net P/L from account-settings pages today. What changes under A10329 is the push: operators must proactively deliver the statement once a month, rather than leaving it to users to seek out the information.
That distinction matters for responsible-gambling outcomes. Industry research has consistently shown that passive disclosure (information available on request) produces dramatically lower engagement than active disclosure (information delivered automatically). Mandatory monthly statements force every NY bettor — including casual users who never explore account settings — to see a clear summary of their net activity at least once per month.
For high-volume bettors, the lifetime-wagering-history clause is the most consequential. Many users have no precise sense of their multi-year net position. The NYSGC requirement to make that history "accessible" inside each operator's app puts a number on something that has historically been opaque.
National Context
No US state currently mandates monthly sports betting statements. New York will be the first if Gov. Hochul signs A10329 into law. The closest comparable legislation is in New Jersey, where Sen. John F. McKeon (D-27) introduced S4280 earlier this year. The NJ bill would require operators to send at least one statement per month covering both sports betting and iGaming activity via push notification — but S4280 is still in the Senate State Government, Wagering, Tourism and Historic Preservation Committee and has not yet received a floor vote.
Other states with mature mobile betting markets — Massachusetts, Pennsylvania, Illinois, Colorado, Michigan — have introduced consumer-disclosure bills in past legislative sessions, but none has reached a chamber floor. If NY enacts A10329 in 2026, it will set the regulatory benchmark for monthly disclosure across the US.
What Bettors Should Expect
If signed into law, A10329 takes effect on January 1, 2027 — giving the nine licensed NY operators roughly seven months to build the required push-notification infrastructure and statement format. The first monthly statements would land in user inboxes by February 15, 2027, covering January 2027 activity.
For most bettors, the new statements will simply formalize what's already available in-app. For users who don't routinely check their account settings, the statements will provide the first comprehensive look at their year-to-date and lifetime betting activity — including time spent on the platform, a metric few apps currently surface prominently.
Practical takeaways
- Use the statements. Review the net P/L line every month. A persistent negative trend is the clearest possible signal to adjust stake sizes or take a break.
- Track time logged in. The "total time logged into the platform" metric will be eye-opening for many users. Time is the strongest leading indicator of unhealthy gambling patterns.
- Compare statements across operators. If you have accounts at FanDuel, DraftKings, BetMGM, and Caesars, your true monthly P/L is the sum of all four statements — not any single one.
- Use the resources. Each statement will include the NY HOPENY helpline (1-877-8-HOPENY) and self-exclusion options. They're there for a reason.
Industry Reaction
No major NY-licensed operator has publicly opposed A10329. The bill imposes implementation cost (engineering, design, push-notification infrastructure) but does not affect handle, hold, or the 51% mobile tax rate — meaning revenue is unaffected. FanDuel and DraftKings, which already surface most of the required data inside their apps, will have lower lift than smaller operators.
Industry observers note that the NYSGC's authority to standardize statement formatting is the most operationally significant clause. If the Commission issues a strict standardized format, every operator will need to retrofit existing user experiences to match — likely more disruptive than the disclosure itself.
Source & Tracking
Bill text: New York State Assembly Bill A10329 (Kassay) and accompanying Senate version. Track status at the New York State Senate and Assembly bill-search portals.
For the broader regulatory framework underpinning sports betting in New York — the 51% mobile tax rate, the NYSGC's role, and the licensing regime — see our New York sports betting laws guide. For monthly handle and tax data published by the NYSGC, see the April 2026 monthly report.
Reporting based on coverage by Robert Linnehan / Sports Betting News, published May 28, 2026.