The NFL and NBA have expressed mixed feelings about the SAFE Bet Act, a federal sports betting bill that proposes advertising restrictions and bans on live wagering. While the leagues appreciate the intent to protect integrity and combat game manipulation, they are concerned about potential unintended consequences of the proposed restrictions. The bill aims to regulate sportsbook advertising and prohibit bets on individual college athletes, which has garnered support from the NCAA. The legislative process is expected to be lengthy and subject to adjustments.
- The SAFE Bet Act includes significant advertising restrictions that could impact sportsbook revenue.
- The proposed ban on live betting is a major concern for both the NFL and NBA.
- The NCAA supports the act, particularly the prohibition on prop bets for individual college athletes.