"March Madness: Legal Gambling Generates $2.7bn and Predictions for Upsets"

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Source: The Guardian
"March Madness: Legal Gambling Generates $2.7bn and Predictions for Upsets"
Photo: The Guardian
TL;DR Summary

Legal sports betting on March Madness is expected to reach $2.72bn this year, with additional unlicensed wagers. The growth of legal sports betting has raised concerns about increased abuse and threats directed at student-athletes, coaches, and officials. The NCAA is taking steps to address the issue, including investing in education and support programs. Efforts to protect athletes from harassment include laws prohibiting certain types of bets and consideration of geofencing technology to block online gambling on campuses. The rise of legal sports betting has also led to concerns about insider information and potential match-fixing, particularly in college basketball.

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