SBC Americas

Two lawmakers in Pennsylvania are taking note of recent legislative efforts to bolster consumer protections for gambling in Colorado by introducing similar legislation of their own.

Reps. Tarik Khan and Jamie Flick announced on Wednesday plans to introduce three separate bills that are geared toward addressing problem gambling in the Keystone State.

“As a nurse practitioner, I believe we should address problem gambling the same way we address other public health challenges: with prevention, education, treatment, and commonsense safeguards,” said Khan. “Our bipartisan bill package will help protect young people, individuals, and families while supporting responsible gaming.”

The measures to be introduced by Khan and Flick each plays a different role in implementing new consumer protection standards for Pennsylvania’s gaming market.

The three bills the lawmakers will introduce include:

The Pennsylvania Online Consumer Protection Act: a measure that aims to impose limits on the numbe..

Two Congressmen have introduced new federal legislation that would mandate the U.S. government to conduct a multiyear study into the causes, long-term effects, and treatment of gambling disorders, particularly those related to online sports betting.

New York Democratic Rep. Dan Goldman and Utah Republican Rep. Blake Moore announced last week that their bipartisan Gambling Disorder Health Study Act has officially been introduced in the House of Representatives.

The bill, numbered HR 8970, would:

Mandate a federal study into gambling disorders and harms

Analyze the contributing factors, which may include sports betting expansion

Assess potentially effective prevention and treatment strategies for gambling disorders

Require the Secretary of Health and Human Services to report annually to Congress on the study’s findings, and to provide resultant policy recommendations

Federal excise tax would fund gambling disorders study

The legislation stipulates that the study would be funded b..

A bill to prohibit licensed sports betting operators in New Jersey from offering micro bet markets is gaining momentum after an Assembly subcommittee advanced the measure on Monday.

The state Tourism, Gaming and the Arts Committee approved Assembly Bill 3258 by a 6-0 vote with one abstention. The bill, introduced by a consortium of Democratic Assemblymembers in January, explicitly bans micro, or “live bets” in the Garden State.

“Micro betting has become an increasingly popular practice whereby bettors can wager on each play in a sporting event,” reads AB 3258. “Examples of micro bets include whether the next pitch in a baseball game will be a strike or whether the next play in a football game will be a pass or run.”

Bill takes live ‘next play’ bets off the menu

AB 3258 provides clarity of what is considered a micro bet, defining the offerings as “a proposition bet which is wagered live, while a sport or athletic event is ongoing, and concerns the outcome of the next play or action ..

Colorado Gov. Jared Polis has signed an expansive sports betting bill that implements new responsible gaming standards and procedures for operators and bettors in the state.

Polis signed Senate Bill 26-131 on Monday, a measure making sweeping changes to Colorado’s sports betting market by adding new requirements aimed at protecting bettors in the state. The bill includes a landmark provision for regulated gaming in the U.S. related to how sportsbooks communicate with bettors.

What changes are being made to Colorado sportsbooks?

The Colorado sportsbook measure implements several sports betting-related changes in the Centennial State:

The bill makes Colorado the first state to prohibit the delivery of push notifications or texts to solicit bets

Bettors are no longer allowed to use credit cards to fund player accounts

Operators are barred from using “bonus bet” or “no sweat” language in marketing

Bettors are limited to six separate deposits for a sportsbook in a 24-hour period

Mar..

The legislative effort to require sportsbooks in New York to provide players with monthly betting account statements has reached its last step before a potential governor’s signature.

New York Assembly Bill 10329 was unanimously advanced on Tuesday by the state Senate with amendments, sending the measure back to the Assembly for a final vote before heading to Gov. Kathy Hochul’s desk.

How would New York betting statement bill work?

Assemblymember Rebecca Kassay’s consumer protection bill aims to amend New York gaming law to require licensed operators to send sportsbook account holders monthly account activity statements via push notifications. Kassay’s legislation also requires operators to make the statements “continuously accessible through the bettor’s account.”

Under the NY sports betting bill, operators must deliver the activity statements to each account holder within 15 days of each calendar month ending, mirroring financial institutions.

The New York gaming bill also requi..

New York lawmakers are considering legislation that would ban college students from placing online sports wagers while on school property.

Senate Bill 10470 was introduced by Sen. Andrew Gounardes last week and referred to the chamber’s Racing, Gaming and Wagering Committee as a bill that prohibits sports betting operators from accepting wagers from people located on a college campus.

The bill proposes several requirements for online sportsbooks in New York:

Operators are required to use geolocation technology to prevent wagering

The ban applies to both online sports betting operators and platform providers

If enacted, operators must deploy geolocation technology before August 2027

Under the bill, colleges and universities also have a new role. The state institutions are required to provide the New York State Gaming Commission (NYSGC) with the “necessary geographic data and campus boundary information to effectuate compliance.”

All New York colleges and universities that would h..

A U.S. Senate subcommittee held a highly anticipated hearing Wednesday to discuss the impact of legal sports betting, though much of the discussion turned to the rise of prediction markets in the space.

The Senate Commerce Subcommittee on Consumer Protection, Technology, and Data Privacy held the hearing to address the impact of sports wagering on America’s amateur and professional sports landscape. The hearing lasted more than two hours, with regulated gaming interests and prediction market proponents facing off via interaction with senators.

The subcommittee discussed the impact of sports betting and prediction markets on the integrity of competition as several major sports leagues and organizations deal with gambling-related issues.

“When Americans watch their favorite sports team, they don’t want to worry about the game being rigged,” said Subcommittee Chair Sen. Marsha Blackburn during the hearing. “They don’t want to worry that their favorite player missed a free throw to make..

Kalshi and the National Council on Problem Gambling (NCPG) have agreed to a landmark deal, making Kalshi the first prediction market to join the non-profit organization.

On Monday, Kalshi announced plans to invest $2m in the NCPG to support traders’ health and safety across markets in America. The two-year investment is an indication that prediction markets expose consumers to the same risks associated with gambling.

“At Kalshi, we believe in the power of prediction markets, and we are sensitive to the fact that they, like any financial trading products, come with risks,” said Kalshi CEO Tarek Mansour. “As prediction markets continue to evolve, we are deeply committed to setting a new standard for responsible trading by investing in the tools, education, and protections needed to promote healthy participation and customer safety and hope that over time all trading platforms with significant retail participation follow suit.”

The partnership between Kalshi and the NCPG bridges the ga..