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If two lawmakers get their way, there will be drastic new regulations on the sports betting industry that will put far more power into federal regulators than the state ones already in place.
ESPN's John Barr reported Thursday that Senator Richard Blumenthal (D-CT) and Representative Paul Tonko (D-NY) proposed the Supporting Affordability and Fairness with Every Bet Act, or SAFE Bet Act.
Barr called them "two of the more vocal critics of the sports betting industry on Capitol Hill," which is notable since they are calling for a nationwide ban on the current model of sports betting which would then require the 38 states where it is legal to go through application processes.