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New federal online sports betting legislation in the U.S.
On September 12, a new federal online sports betting legislation will be introduced by U.S. lawmakers Paul Tonko and Richard Blumentha.
On Tuesday, September 10 , US Representative Paul Tonko and US Senator Richard Blumenthal announced that later this week, on Thursday September 12 , at 1p.m they will hold a press conference and introduce a newederal online sports betting legislation. The confernce will also be livestremed on Tonko’s X page.
Tonko has previously introduced two federal sports betting legislations and is expected to unveil a similar proposal on Thursday. Tonko’s previous legislation aimed to provide a federal framework for sports betting, which has been largely regulated by individual states since the U.S. Supreme Court overturned PASPA in 2018.
Just months after the Supreme Court’s decision, New Jersey started offering in-person sports betting together with four states. Governors Chris Christie and Phil Murphy of New Jersey led the legal battle that resulted in PASPA’s overturn.
New gambling limits in the U.S.
US Representative Paul Tonko aims to bring strict regulations to the table. Strict avertising guidelines, bans on certain terms, general limits on gambling advertisements’ streams on TV, restrictions on the number of daily deposits, nationwide self-exclusion list. Moreover, sports betting will be completely banned unless the states receive federal approval.
FAQs
When will the new federal online sports betting legislation for the U.S. be introduced?
The new legislation will be introduced on Thursday, September 12, at 1 p.m. ET during a press conference.
What changes will bring a new federal online sports betting legislation in the US?
The new federal online sports betting legislation will suggest the following changes:
•Strict advertising guidelines with bans on certain terms.
• Limits on when sports betting ads can be streamed on TV.
• restrictions on the number of daily deposits.
• Creation of a nationwide self-exclusion list.
• A general ban on sports betting unless states receive federal approval.
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