Senate Judiciary Committee examines US sports betting and federal oversight
The US Senate Judiciary Committee held a hearing on sports betting on 17 December, with lawmakers, sports officials and public health advocates discussing its effects. Chairman Dick Durbin said more than $30bn was wagered on sports in Q3 2024, up 30% year on year, and projected industry advertising spending of $1.3bn for the year. Witnesses discussed addiction, athlete harassment, sports integrity and the proposed SAFE Bet Act.
The hearing may shape federal oversight proposals affecting operators and sports betting markets.