New Yorkers are used to getting monthly statements related to their banking and spending. That could expand in a unique way of Gov. Kathy Hochul signs a recently engrossed bill or allows it to pass into law.
New York legislators have approved the measure that compels licensed online sportsbooks in the state to give bettors a monthly accounting of their activity with the books. The aim is to increase bettors’ awareness of their wagering and to curtail the harms associated with gambling as a result.

The New York Senate approved A10329 61-0 with an abstention on Tuesday, making the proposal one of many that Hochul will have to weigh. The Assembly gave its assent to the measure unanimously in late March.
In New York, the governor has until the end of the current calendar year to sign or veto bills. Should Hochul take no action, A10329 would automatically become law on Jan. 1, 2027.
The effective date of A10329 is “the first of January next succeeding the date upon which it shall have become law,” so Jan. 1, 2027, will be the start date for this new requirement unless Hochul vetoes the bill and the legislature fails to override that veto. If she demonstrates indifference or signs the bill, New Yorkers who use the state’s licensed sportsbooks would start receiving new monthly correspondence from each book they have active accounts with in February 2027.
A10329 contains several provisions related to the required content of the monthly statements. On a broader basis, the statements have to feature instructions on how to access responsible gambling resources and the bettors’ cumulative account history with the sportsbook.
Other data specific to the bettor’s monthly activity are mandatory as well.
The statements indicating this activity would have to be remitted to bettors by the 15th of each month. While the potential statute does not specify how the books are to transmit the statements, the New York State Gaming Commission could draft rules providing guidance along those lines.
Should A10329 become law, sports bettors in New York could benefit from another intervention that seeks to limit gambling-related harms.
People who struggle with disordered gaming may benefit from the enactment of this statute in the interest of accountability and transparency. All bettors could benefit from increased awareness of their activity.
Recipients who have experienced gambling-related harms could easily share statements with accountability partners as an accurate and objective accounting of their activity. While the system may not allow for direct transmission of the statements to third parties, that sharing may be as simple as email forwarding.
For all bettors, seeing the amount of money and time they have spent during the previous month on sports wagering is a “reality check” and a perfect way to gauge whether they are sticking to their betting plans. With gambling-related harms, as in many other aspects of life, an ounce of prevention is worth a pound of cure.
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