A bicameral effort to impose federal guidelines on the country’s rapidly expanding legal sports gambling market is not well received by Nevada officials.
Both of Nevada’s U.S. senators and the congressperson who represents the Las Vegas Strip expressed resistance to the Supporting Affordability and Fairness with Every Bet, or the SAFE Bet Act, which was introduced last week by U.S. Rep. Paul Tonko, D-New York, and U.S. Sen. Richard Blumenthal, D-Connecticut.
The SAFE Bet Act would enact federal regulations for advertising, individual betting activity and the use of artificial intelligence in the legal sports gambling industry. The bill’s sponsors say it is a small step toward addressing public health implications associated with widespread sports betting legalization.
