Schatz set to introduce legislation to ban bets on individual moments within games

During a Senate Commerce subcommittee hearing on sports betting, US Sen. Brian Schatz (D-Hawai‘i) discussed with gaming experts vulnerabilities created by micro prop bets in sports and the need to address illegal, offshore sports books that harm sports integrity.

Schatz set to introduce legislation to ban bets on individual moments within games. During a Senate Commerce subcommittee hearing on sports betting, US Sen. Brian Schatz (D-Hawai‘i) discussed with gaming experts vulnerabilities created by micro prop bets in sports and the need to address illegal, offshore sports books that harm sports integrity. Schatz is set to introduce legislation to outlaw micro prop bets in games and provide the Federal Trade Commission with authority to go after companies that knowingly facilitate illegal, offshore gambling. “Micro prop [bets are] insidious in that [they] can be manipulated by a player or anyone else,” said Schatz, a senior member of the Senate Commerce Committee. “The more micro you get, the more insidious it is, from an integrity standpoint. But it also taps into the addictive, manic, algorithmica...