The "Supporting Affordability and Fairness with Every Bet Act of 2025" (SAFE Bet Act) establishes a regulatory framework for sports wagering in Oklahoma, defining essential terms such as "sports wager," "sports wagering operator," and "interactive sports wagering platform." The bill prohibits the acceptance of sports wagers by unlicensed individuals and empowers the Attorney General to pursue civil actions against violators, including provisions for jury trials and civil penalties. It also sets forth requirements for a state sports wagering program, including the establishment of a regulatory entity, online wager location verification, and restrictions on certain types of bets, particularly those involving amateur competitions. Notably, the act mandates that operators do not accept wagers from individuals under 21, those on self-exclusion lists, or individuals affiliated with the sporting events.
In addition to consumer protection and responsible gaming measures, the SAFE Bet Act outlines licensing requirements for sports wagering operators, including background checks and suitability standards. Operators are required to conduct affordability checks for large wagers, allocate a portion of their revenue to gambling disorder treatment and responsible gaming education, and provide clear information about restrictions and bonuses. The bill also prohibits the use of artificial intelligence for tracking individual wagers or creating targeted promotions. It clarifies that wagers made through interactive platforms on Indian lands are considered to occur at the physical location of the server. The act is set to take effect on November 1, 2025, and includes a provision ensuring that if any part of the act is invalidated, the remaining sections will still be enforceable.