New York Sportsbook Transparency Bill Reaches Hochul
New York sports betting bill A10329 awaits Hochul’s decision on monthly player statements covering wagers, wins, losses and account activity. The post New York Sportsbook Transparency Bill Reaches Hochul appeared first on ReadWrite .
New York's legislation A10329, mandating monthly account statements for regulated sportsbooks, recently cleared both chambers of the state's legislature. If Governor Kathy Hochul signs the bill, sportsbooks would be required to provide players with these statements starting January 1, 2027. The statements would detail deposits, wagers, winnings, and losses, as well as net wins or losses, total wagers and time spent on the platform.
They would also include any bonuses or credits applied to the account, and information about responsible gambling tools. Bettors would gain visibility into their activity with a standardized, direct record of their betting history. While this transparency wouldn't prevent targeted marketing tactics, it would provide bettors with a data point to assess against them.
The bill's path to implementation hinges on Hochul's decision, with a year allotted for sportsbooks to establish the necessary reporting infrastructure.
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