SectorWire
SearchGet the daily briefing
Menu

NCAA and US officials push to restrict sports betting prop bets

Regulation

The NCAA, Ohio Governor Mike DeWine and sports leagues have pressed for limits on prop bets amid betting scandals in US sport. The NCAA said 46% of Division I men’s basketball players received negative or threatening messages from people who had bet on their games, up 10% from the prior year; Ohio bars college-sports prop bets, while MLB agreed to cap micro prop wagers at $200.

Further restrictions could change the prop-bet markets available to US sportsbook operators.

Request a correction

Keep reading

Regulation

Indiana Gaming Commission rejects NCAA request for pregame college player prop ban

Indiana regulators voted unanimously against an NCAA proposal to prohibit pregame college player props. The decision preserves those markets alongside the state's existing ban on in-game college player props. Commissioners said lawmakers should decide whether to introduce broader restrictions.

Indiana's gambling regulator voted unanimously to reject a request from college sports' governing body to ban pregame wagers on individual college players. Such bets on individual players during games have been barred in the state since 2019, yet the commission opted against applying the same rule to markets offered before games begin. Regulators had taken up the matter in June and put off a final decision at that time so it could be reviewed further.

Continue reading