The New York Assembly gave final approval on Tuesday to a bill that would require the state’s licensed online sportsbooks to provide customers with monthly statements outlining their wagering activity.

After Assembly BillA10329 was unanimously advanced with a favorable report by an 11-0 vote in the Assembly Racing And Wagering Committee on March 11, the full chamber gave it the green light during the chamber’s floor session on March 24 and it has now been sent over to the state Senate.

If it were to pass the opposite chamber and be signed into law by Gov. Kathy Hochul this year, it would become effective Jan. 1, 2027.

What would each New York betting statement include?

Democrat Assemblymember Rebecca Kassay’s bill would amend the Empire State’s racing, pari-mutuel wagering and breeding law to mandate that sports betting operators must send every authorized sports bettor a monthly account activity statement via push notification.

Somewhat resembling the kind of monthly statements..

BetMGM added to its recent regulatory penalties with a hefty fine levied by the Pennsylvania Gaming Control Board (PGCB) for violations from over two years ago.

On Wednesday, the PGCB announced an agreement with BetMGM to fine the operator $100,000 for a failure to “prevent fraudulent behavior.” The fraudulent behavior took place while players used both the BetMGM and Borgata online gaming brands in 2023 and 2024.

The illicit activity included the creation and use of multiple player accounts by people using the identify of other individuals. A portion of the player accounts was also funded “using stolen or fraudulently obtained payment devices.”

The PGCB’s Office of Enforcement Counsel investigation into BetMGM’s “insufficient” know-your-customer protocols discovered the operator hosted four individual fraud rings.

One of the fraud rings operated for 29 months until November 2023 and used 119 fraudulent accounts to wager $895,092.

The PGCB’s probe identified 304 illicit accounts t..

Colorado lawmakers, licensed sportsbooks, gaming regulators and more industry stakeholders spent four hours on Tuesday debating Senate Bill 26-131, a wide-ranging measure that aims to protect against “abusive practices” in sports betting.

Amid the lengthy debate in the Senate Finance Committee on March 17, including discussion of measures that attempt to limit sports betting advertising, one question featured prominently throughout the afternoon: Should Colorado try to ban prop betting?

Section five of SB 26-131 would explicitly prohibit any licensed online sports betting operator from offering wagers on “any outcome other than the final result or score”, regardless of whether they are placed before or during the game.

The Finance Committee ultimately passed SB 26-131 by a narrow 5-4 vote and was sent to the Appropriations Committee, but not before numerous lawmakers, as well as sportsbook representatives, expressed grave concerns.

Colorado sports betting has changed fundamentally,..