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US lawmakers reintroduce SAFE Bet Act federal sports betting bill

Regulation

US Rep. Paul Tonko and Sen. Richard Blumenthal reintroduced the proposed SAFE Bet Act at a press conference in Washington, DC, on 11 March. The bill would establish federal guidance on sports betting advertising and consumer protection, create a national self-exclusion list and introduce affordability checks; Tonko said the revised version would require states to work with the federal government against illegal betting operations.

The proposal could introduce federal requirements affecting sports betting advertising, consumer safeguards and state enforcement.

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Regulation

Dina Titus urges House leaders to advance FAIR BET Act before adjournment

US Representative Dina Titus urged House leaders to advance the FAIR BET Act before Congress adjourns for the year. The proposed bill would restore the full deduction for gambling losses; the current rule limits the deductible share to 90%, and the measure has not received a House floor vote.

Republican House leaders are being urged to advance legislation restoring the full federal deduction for gambling losses before Congress adjourns for the year, according to Rep. Dina Titus. The Nevada Democrat wants the FAIR BET Act attached to a must-pass bill in the final weeks of the session.

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