New Bill Regulates Sports Betting Operators

Democrat lawmakers have introduced a new bill that would place federal regulations on sports betting operators.

Rep. Paul Tonko, D-N.Y., and Sen. Richard Blumenthal, D-Conn., introduced on Thursday the Supporting Affordability and Fairness with Every Bet, or the SAFE Bet Act, CNBC reported.

“This relationship between the gambling industry and sports,” Tonko said at a press conference during the bill’s introduction, “has reached intolerably dangerous levels, and it’s well past time for Congress to just to step up and make a difference.”

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