Tag: federal sports betting bill
Leagues Not Fans of Federal Sports Betting Bill
Back in June of this year we published a video with details on a federal sports betting bill being proposed here in America. The Supporting Affordability and Fairness with Every Bet Act, or as it has become know The SAFE Bet Act, is now getting some less than enthusiastic reactions from the likes of the NFL and NBA, who are concerned that the advertising restrictions put forth on the bill would cut into their profits. The SAFE Bet Act would introduce several measures to limit sportsbook advertising, prohibiting it from 8 a.m. to 10 p.m. and during live sports events….
Federal Sports Betting Bill Rears its Ugly Head
Utah Senator and former presidential nominee Mitt Romney has resurrected talk of a federal sports betting bill for America. Romney is working with New York Senator Chuck Schumer on a bill that is expected to be similar to the Sports Wagering Market Integrity Act. That bill was co-sponsored by Schumer and now-retired Utah Senator Orrin Hatch (who has been replaced in the Senate by Romney). It was introduced in December 2018 but was not assigned to a committee. The 2018 bill, S.3793, established a general prohibition on sports wagering, but allowed states to submit applications to the Department of Justice…