WAGER Act

Overview: S 2773, the "WAGER Act", was introduced in the Senate on September 11, 2025.

Purpose and Intent: The bill aims to establish a federal framework for the regulation and taxation of sports betting and online gambling activities across the United States.

Key Provisions:
- Legalizes and regulates sports betting and online gambling at the federal level
- Creates a licensing system for operators and imposes federal taxes on gambling revenue
- Establishes consumer protection measures, such as age verification and responsible gambling programs
- Provides funding for problem gambling treatment and research initiatives

Affected Parties and Impacts: The bill would impact a wide range of stakeholders, including:
- Consumers: Increased access to legal and regulated sports betting and online gambling options
- Operators: New business opportunities and revenue streams, subject to federal licensing and taxation
- State and local governments: Potential revenue from taxation of gambling activities
- Problem gambling treatment providers: Increased funding for support services

Procedural and Timeline Considerations: The bill has been introduced in the Senate and is currently awaiting further action in the legislative process.