SportsHandle and friends deliver another round-up of the week’s big developments in US sports betting.
On paper, NCAA still opposes sports betting. Should it continue to?
This is the first of a two-part story examining the NCAA’s stance on sports betting and how best to manage it going forward. Tomorrow, a look at ways the NCAA can monetize sports betting.
Auburn. Boston College. Northwestern. San Diego State. And most recently, UNC-Greensboro.
What do these five colleges have in common? If you’re into sports betting, you had the answer before the question was asked — sports betting scandals. At Auburn and Boston College, it was point shaving in basketball; at Northwestern, players fixed games in 1995; at San Diego State it was sports bribery and throwing games in 2011.
Full story here.
Best ways for NCAA to monetize sports betting
This is the second of a two-part series examining the NCAA’s stance on sports betting and how best to manage it going forward. Click here for Part I, which reviews the NCAA’s position and its decision not to mandate injury reporting.
The NCAA last week announced that it will continue to oppose sports betting despite the fact that 10 states have some form of legal, live sports betting and eight more expect to offer it by early 2020. But whether or not the NCAA chooses to publicly embrace or co-exist with legal, state-regulated sports betting, the association has more opportunities to monetize in this new era.
So the question becomes what is the best way to monetize a business that some still view as unseemly, especially when many of the participating athletes are under 21?
Full story here.
Diving into D.C. public comments: Defining exclusion zone, allowing operators to set limits
Two months after the D.C. Lottery rolled out its proposed sports betting regulations, it’s clear that those regulations need some massaging. The public comment period closed on July 15, and a review of the comments, obtained via a Freedom of Information Act request by Sports Handle, shows that potential operators have critical concerns about the two-block exclusion area, who will set minimum and maximum bet limits, and a bevy of other issues.
Eight stakeholders, including DraftKings, MGM, Monumental Sports & Entertainment, William Hill and the Washington Nationals replied with 95 pages worth of comments.
Full story here.
The skins game: Following landmark deal, Penn National gains flexibility to leverage primary skins
Not all things in the world of Pennsylvania online gambling come together quickly. But Rush Street Interactive’s season-long NFL picks contest certainly did.
The $500k Pennsylvania Pick ’Em wasn’t some long-percolating idea that the Rush Street folks had been whiteboarding from the moment the Supreme Court ruled on PASPA. Rush Street COO Mattias Stetz tells Penn Bets that the elapsed time from the decision to offer a contest until the actual launch of said contest was just a couple of weeks.
Full story here.
