- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
New Legislation Targets Sports Betting Ads and AI in the US
Congressman Tonko emphasized the importance of federal government oversight
New York Congressman Paul Tonko is gearing up to introduce federal legislation that would control advertising and the use of artificial intelligence (AI) in the industry. The SAFE Bet Act aims to create national standards for tackling possible negative outcomes from legalized sports gambling.
Congressman Tonko Advocates Federal Oversight in Sports Betting
Congressman Tonko, who represents the Democratic party from New York’s 20th District, stressed the necessity of federal government involvement while speaking at an event in Saratoga Springs, reported media outlet Sportscasting.
During his speech, he mentioned that such a bill is almost complete and provides clear directions for advertising methods, affordability checks as well as application of artificial intelligence in sports betting. He seeks to safeguard those at risk but still keep gambling liberties alive.
One major area of concern for this law lies within a false advertisement, which it seeks to address by banning any language or promotion meant to lure people into betting like “bonus bets” among others. “No sweat” bets are another example used under the SAFE Bet Act that would be done away with since they encourage reckless gambling habits too.
Moreover, these laws also propose that live sports events should not have commercials related to betting and even if there are any, then no broadcast is allowed between 8:00 AM and 10:00 PM.
Tonko suggested that sports betting advertisements were uncontrolled and contrasted them with a “Wild West” scenario. He therefore proposes that regulations be put in place to prevent these ads from being targeted at specific groups of people such as the youth and those recovering from gambling addiction.
SAFE Bet Act Aims for Uniformity in Sports Betting Regulations Across States
The SAFE Bet Act also deals with affordability in sports gambling. It stipulates that no more than five deposits can be made into one account within 24 hours. Additionally, people will be required to confirm their financial ability before placing large bets although thresholds for this are still the subject of discussion among different stakeholders.
The use of AI for tracking gambling behavior is another area covered by Tonko’s bill. The legislation seeks to bar sportsbooks from using AI in monitoring individual betting patterns or creating specific adverts tailored towards clients. Furthermore, any development involving AI systems designed around live pricing models has been prohibited under the proposed law.
The US states Maine and Pennsylvania have already put strict rules in place regarding the advertising of online gaming accounts as well as the use of credit cards for this purpose. However, by introducing the SAFE Bet Act, the goal is to establish a single federal standard that will be applied uniformly throughout all states where sports betting is legal. This will mean that each state’s setup for gambling should follow similar basic requirements thus creating an environment that is safer and more predictable.
Related Topics:
Silvia has dabbled in all sorts of writing – from content writing for social media to movie scripts. She has a Bachelor's in Screenwriting and experience in marketing and producing documentary films. With her background as a customer support agent within the gambling industry, she brings valuable insight to the Gambling News writers’ team.
Must Read
Sports
November 1, 2024
Chinese Authorities Found Athlete Donovan Ewolo Innocent
More Articles
Industry
November 8, 2024
Illegal Gambling in Weslaco, Texas Lands Three in Jail
Industry
November 8, 2024
Kamala Harris Presidential Bid Costs $1.37B on Ads Alone
Casino
November 8, 2024
Denver Car Thief Is Suing Former Police Officer Who Tased Him
Industry
November 8, 2024
NCPG Supports Eight Groups to Prevent Problem Gambling
Poker
November 7, 2024
BetMGM Poker Innovates with Shared Liquidity Between NJ and MI
Sports
November 7, 2024
Gambling Tax Plans Lead to Cancellations of Horse Races in France
Industry
November 7, 2024
US Ambassador Criticizes Hungary PM Orbán for Supporting Trump
Sports
November 7, 2024
Bookmakers List US Presidential Betting Odds for 2028
Esports
November 7, 2024
Hard Rock Bet Expands Esports Offer in Florida
Casino
November 7, 2024
Virgin Casino in New Jersey Rebrands to Monopoly Casino