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Aaron Bean: “We have regulations in place that have been scrutinized by…”

Featuring: Aaron Bean, Republican | U.S. House Florida, District 4

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Rep. Tokuda Slams Insider Betting & Prediction Markets Undermining Tribal Sovereignty & State Rights

Published | Video Starts at 00:19

Mr. Bean, real briefly, if a sports book fails to protect consumers or prevent insider betting, do tribes and state regulators have the ability to investigate, to find and to revoke a license? Thank you for that question. Yes, yes we do. We have regulations in place that have been scrutinized by the National Indian Gaming Commission, scrutinized by state gaming commissions and our own gaming regulatory borders within the tribes. Okay. We've seen recently very egregious acts of insider betting and prediction markets. Most recently the President's teleprompter technician placing $100,000 and bets on Kalshi on his speeches. (00:19–00:28)

CLAIM

Asserts that regulations are scrutinized by multiple gaming commissions.

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