Bill > HB1537

This bill, known as the Supporting Affordability and Fairness with Every Bet Act of 2025 (SAFE Bet Act), establishes a comprehensive framework for regulating sports wagering in the state. The legislation creates detailed guidelines for how sports betting can be conducted, including strict requirements for sports wagering operators. Key provisions include prohibiting sports wagers from individuals under 21, those on self-exclusion lists, athletes, and others with conflicts of interest. The bill requires extensive background checks for operators, mandates robust record-keeping and reporting of suspicious transactions, and implements consumer protection measures such as deposit limits and affordability checks. It also establishes standards for data usage, advertising restrictions, and requires operators to allocate a percentage of revenue to gambling disorder treatment and responsible gaming education. The Attorney General is empowered to approve state sports wagering programs and bring civil actions against violations, with potential penalties of up to $10,000 or three times the amount of the sports wager. The bill aims to create a regulated, transparent, and responsible sports betting environment while protecting consumers from potential gambling-related harm.

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http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1537&Session=2600