NCAA revokes eligibility of 6 more college basketball players as betting probe continues
The NCAA said last month that it had been investigating at least 30 current or former players for gambling issues.
The NCAA said last month that it had been investigating at least 30 current or former players for gambling issues.
Sources tell IBJ that tax revenue from a new casino could help pay for potential upgrades to Lucas Oil Stadium as well as a soccer stadium on the east side of downtown.
The analysis shows that relocating an existing casino to the state capital would generate a huge amount of revenue, but would draw some away from other gambling facilities.
The delay comes less than a week after an NBA coach and player were arrested in a takedown of two sprawling gambling operations that authorities said leaked inside information about NBA athletes.
In a memo sent to all 30 teams, the NBA said it believed “there is more that can be done from a legal/regulatory perspective to protect the integrity of the NBA and our affiliated leagues.”
The arrests of current and former high-profile NBA figures on Thursday for illegal sports betting and rigged poker games spurred fresh calls from lawmakers for federal regulation.
This doesn’t change the NCAA rule forbidding athletes from betting on college sports.
Bettors lose billions of dollars a year on parlays, the data shows, and operators bring in far more revenue for every dollar wagered on these bets than they do straight bets.
The Indianapolis-based NCAA said the three Division I players bet on one another’s games and/or provided information that enabled others to do so during the 2024-25 regular season. Two of them manipulated their performances to ensure certain bets were won.
Greenberg Traurig LLP, a firm with global coverage in multiple disciplines, has made some prominent hires in its Chicago office this past year, with a particular focus on Indiana casino gambling and lobbying.
With fan interest in the WNBA exploding since Caitlin Clark’s rookie season, sportsbooks are eager to cash in. And the WNBA is courting gamblers more aggressively than ever.
The organization’s once-icy relationship with the sports betting industry is beginning to thaw, but the Indianapolis-based nonprofit is still holding legalized gambling at arm’s length as it evaluates the impact on college sports.
The shift comes as the Indianapolis-based organization grapples with the growth of legalized gambling across the United States.
The Oklahoma City Thunder are such heavy favorites to win the NBA title that many bettors are looking for other wagers instead.
In a forecast revealed during a Tuesday commission meeting, lottery revenues were expected to end the 2025 fiscal year on June 30 down by almost 4%.
Clark’s star power and the Fever’s offseason moves to bolster an already competitive roster around her is drawing strong interest from sports bettors.
The NFL draft is the marquee event of the league’s offseason—and a nightmare for some sportsbooks.
The city of Baltimore accuses the sports betting companies of violating state and city law by engaging in “unfair and deceptive practices.”
The Indiana Legislature would have to approve moving any existing gaming licenses or creating new ones.
Under the bill, Indiana would have joined 14 other states with digital lottery games, including Kentucky, Illinois and Michigan.