Amusements and sports; Supporting Affordability and Fairness with Every Bet Act of 2025; SAFE Bet Act; terms; prohibition; exceptions; Attorney General; civil action; jury; civil penalties; jurisdiction; application; information; notice; renew; standards; Indian Tribe; severability; codification; effective date.

HB 1537, the "Supporting Affordability and Fairness with Every Bet Act of 2025" (SAFE Bet Act), establishes a regulatory framework for sports wagering in Oklahoma. It defines key terms like "sports wager," "interactive sports wagering platform," and "suspicious transaction," and sets standards for operators, including requirements for anonymized data reporting. The bill authorizes the Attorney General to pursue civil actions against violations and outlines procedures for state regulatory oversight, including application renewals and penalties. It directly affects licensed sports wagering operators, state regulators, and tribal entities participating in interstate compacts, while clarifying exemptions for certain activities under federal law. The bill primarily creates definitions and regulatory mechanisms rather than altering existing betting practices or financial terms.