This week in Vegas Seven, I also had a short article about how March Madness betting impacts Las Vegas: In the past decade, the amount bet on the tournament has almost doubled. That’s more about the expanding popularity of sports betting itself, though, since the percentage of money bet on the tournament has remained close […]
The NCAA Tourney’s Economic Impact on the Las Vegas Strip – Vegas Seven Read More »
Vegas SevenThe NCAA believes that legal betting on college games is antithetical to the purity of its student athletes, yet allows colleges to accept advertising money from casinos. Hypocrisy? You be the judge. From USA Today: From the $591 million in TV and marketing revenue generated this season to the masses awaiting Saturdays semifinals and Mondays
College b-ball cashes in Read More »
news about gamblingIn case you missed ESPN’s hyperbolic exposition of “bracketology” this weekend, the berths for the NCAA men’s college basketball tournament have been announced, beginning one of bookies’ favorite times of the year, March Madness. And the NCAA is shocked, yes, shocked that people gamble on the tournament, and suggests that the best way to end
NCAA troubled by betting Read More »
gambling & culture“I think this country is rapidly embracing various forms of gambling. It’s not the NCAA’s business to be cultural critics or a cultural task force. Our job is to make sure it doesn’t influence college athletics.” –NCAA President Myles Brand, explaining why he continues to fight legal sports betting in Nevada, but has no problem