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Tonko and Blumenthal outline revised SAFE Bet Act proposal

Regulation

US Representative Paul Tonko and Senator Richard Blumenthal presented a revised outline of the SAFE Bet Act on 11 March, although they had not yet filed the bill. The proposal would require states to work with the federal government to shut down illegal gambling markets and would limit available betting markets, Tonko and Blumenthal said.

The proposal could bring new federal requirements for state enforcement and restrictions on sports betting markets.

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