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 "SAFE Bet Act," establishes a regulatory framework for sports wagering in Oklahoma. It defines key terms like "sports wager," "sports wagering operator," and "Indian Tribe" to clarify what constitutes legal betting and who is subject to the law. The bill authorizes the Attorney General to enforce rules, impose civil penalties for violations, and requires operators to submit anonymized wagering data. It specifically exempts certain activities under federal law (like horseracing) and applies to both state-regulated betting and tribal gaming compacts. The law creates the foundation for future regulation but does not set specific betting limits or tax rates.