New York bill would mandate monthly betting activity statements

by SBC Americas
3 minutes read
A New York lawmaker is making a legislative effort to ensure that sportsbooks have to directly notify residents of their betting activity.

Assemblymember Rebecca Kassay’s Assembly Bill 10329 would require licensed online sports betting operators in the Empire State to provide authorized sports bettors with monthly account activity statements.

Under the bill, monthly statements would need to be delivered via mobile push notifications “no later than fifteen days following the end of each calendar month.” Sports bettors would have continuous access to the statements through their accounts.

What info must be included in the monthly statements?

Kassay’s measure provides specific requirements for the monthly activity statements.

Operators in New York would be required to provide details on the total amount of funds deposited, the total amount wagered and the total number of bets places by the authorized sports bettor during the relevant period. AB 10329 also requires the monthly activ..

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