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Democrats Propose Federal Bill To Restrict Sports Betting In All 50 States

Democrats Propose Federal Bill To Restrict Sports Betting In All 50 States

PublishedSeptember 13, 2024 9:15 PM EDT|UpdatedSeptember 13, 2024 9:15 PM EDT Facebook Twitter Email Copy Link Two Congressional Democrats, Senator Richard Blumental (D-CT) and Representative Paul Tonko (D-NY) have proposed a bill that would create a nationwide ban on sports betting. The Supporting Affordability and Fairness with Every Bet Act, or SAFE Bet Act, would...

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Federal Bill Targets AI and Credit Cards in Sports Betting | PYMNTS.com

Federal Bill Targets AI and Credit Cards in Sports Betting | PYMNTS.com

A newly proposed bill would require states that allow sports betting to meet minimum federal standards covering advertising, affordability and artificial intelligence. The SAFE Bet Act was introduced Thursday (Sept. 12) by Congressman Paul D. Tonko, D-.Y., and Sen. Richard Blumenthal, D-Conn., according to a press release issued Friday (Sept. 13) by Tonko’s office. The bill aims...

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In-person sports betting makes Maine debut at Oddfellahs in Portland

In-person sports betting makes Maine debut at Oddfellahs in Portland

Mac Simpson, of Freeport, places a bet at a kiosk at Oddfellahs in Portland. The state’s first in-person sports betting parlor opened Friday. Duane Bernier saw sports betting go live last year and immediately thought: What about in-person sportsbooks? “I was very patiently waiting for sports betting to open up,” said Bernier, 50, a U.S....

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What’s inside latest Ohio online casino bill, and why it won’t move

What’s inside latest Ohio online casino bill, and why it won’t move

It wasn’t all that long ago that Ohio Governor Mike DeWine pushed through a doubling of the sports betting tax rate in his state. Yet one Ohio Republican has filed a legal online casino bill that calls for a tax rate that is lower than sports betting. It seems highly unlikely that the online gambling...

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Dems take aim at sports betting boom, seeking to regulate ads, bets on college athletes

Dems take aim at sports betting boom, seeking to regulate ads, bets on college athletes

Senator Richard Blumenthal (D-CT) and Congressman Paul Tonko (D-NY) unveiled legislation on Thursday to put guardrails on the rapidly growing sports betting industry. The Supporting Affordability and Fairness with Every Bet (or SAFE Bet) Act, would crack down on in-game advertising, require that sportsbooks run “affordability checks,” and regulate bookies’ use of artificial intelligence to...

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Maine’s first in-person sports betting bar opens in Portland

Maine’s first in-person sports betting bar opens in Portland

PORTLAND (WGME) – Maine’s first, in-person sports-betting bar is officially open. “Oddfellahs” opened on Market Street on Friday. For those familiar with the Old Port over the years, it’s where “The Big Easy” used to be. The bar has partnered with Caesars Sportsbook, one of two sportsbooks authorized under Maine’s new law to run sports...

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Committee Created in Opposition to Missouri Sports Betting Initiative

Committee Created in Opposition to Missouri Sports Betting Initiative

Jul 20, 2024; Cumberland, Georgia, USA; St. Louis Cardinals pitcher Sonny Gray (54) throws against the Atlanta Braves during the first inning at Truist Park. Mandatory Credit: Jordan Godfree-USA TODAY Sports A committee has been launched against the Missouri sports betting initiative Missourians Against the Deceptive Online Gambling Amendment filed as an official committee with...

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Democrats propose strict rules on sports betting, including limits on deposits

Democrats propose strict rules on sports betting, including limits on deposits

Ray Bogan: Sports betting has exploded into an $11 billion a year industry since the Supreme Court effectively legalized it in 2018. Two lawmakers on Capitol Hill say it’s gone too far without proper safeguards and they want to treat it like an addictive product no different from alcohol or tobacco.  Congressman Paul Tonko and...