arrow_back Back to App

Federal Sports Betting Standards: Player Protection, Affordability, and Integrity.

This Act establishes minimum federal standards for sports betting, focusing on consumer protection and sports integrity. Citizens will benefit from new national self-exclusion tools and enhanced financial safeguards, including a ban on credit card deposits and mandatory affordability checks for large wagers. The legislation also imposes restrictions on advertising and prohibits the use of artificial intelligence for personalized offers, aiming to mitigate gambling addiction risks.
Key points
Financial Protection: Bans the use of credit cards for sports wagering deposits. Mandates an affordability check for deposits exceeding $1,000 daily or $10,000 monthly.
National Self-Exclusion List: Establishes a nationwide list allowing individuals to restrict themselves from placing wagers with licensed operators in participating states.
Advertising Restrictions: Prohibits broadcasting sports wagering advertisements between 8:00 am and 10:00 pm local time or during live sporting events. Bans the use of terms like 'bonus,' 'no sweat,' or similar promotional offers.
AI and Microbet Ban: Operators are prohibited from using artificial intelligence to track players, create targeted promotions, or develop gambling products like microbets (wagers on small in-game occurrences).
Contest Integrity: Prohibits accepting wagers on events after they have commenced. Bans proposition bets on amateur and intercollegiate sports.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_5057
Sponsor: Sen. Blumenthal, Richard [D-CT]
Process start date: 2024-09-16