Blumenthal and Tonko back federal gambling reform proposals
US Senator Richard Blumenthal and Representative Paul Tonko joined the Public Health Advocacy Institute in Washington, DC, this week to promote gambling policy changes. They backed the SAFE Bet Act, which would set federal safeguards for state-licensed sportsbooks, and a newly introduced bill proposing consumer protections for online prediction markets and a shift to state regulation; the American Gaming Association and prediction-market industry oppose federal intervention.
The proposals could change oversight and consumer-protection requirements for sportsbooks and prediction markets.