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Report: NBA proposes policy changes amid latest gambling scandal

The NBA is responding to recent allegations of current and former players tied to illegal gambling schemes by proposing and implementing policy changes for the entire league.

According to ESPN, the NBA reportedly sent a memo to all 30 NBA franchises, proposing and implementing changes to the league’s injury reporting process, player prop markets and “tanking” rules, which refers to teams deliberately losing games for a chance at higher draft picks. The NBA seeks changes to its gambling policy after the arrests of Portland Trail Blazers head coach Chauncey Billups, Miami Heat guard Terry Rozier and former Cleveland Cavaliers guard Damon Jones. The NBA personnel were arrested after investigations into alleged illegal sports betting and the operation of Mafia-backed, rigged poker games.

Billups, a five-time NBA All-Star, was arrested for his supposed involvement in the illegal poker operation allegedly backed by the Italian Mafia, while Rozier allegedly provided insider information to c..

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Senate confirms crypto expert Michael Selig as next CFTC chairman

The selection process for a new chair of the Commodity Futures Trading Commission (CFTC) has finally come to a close after nearly a year of hearings and nomination changes.

The Senate confirmed crypto expert Michael Selig as CFTC Chairman, ending an arduous selection process by a 53-43 vote. His confirmation was part of a batch vote that confirmed 97 nominations with a single action. Selig, who has served as chief counsel for the SEC’s Crypto Task Force, was nominated by Trump behind his experience in finance and crypto.

“I look forward to working with Chairman Selig to ensure the CFTC offers clear and pragmatic regulation of risk management markets, and particularly as Congress considers legislation to expand its authority related to digital commodities,” said Senate Committee on Agriculture, Nutrition, and Forestry Chairman John Boozman.

Selig joins the CFTC as chairman after previously working at the commission for the office of former commissioner J. Christopher Giancarlo. Selig..

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Massachusetts keeps moving towards rules on limiting bettors

Massachusetts‘ gambling regulator has proposed a new regulation that would make the state the first in the U.S. to require sportsbooks to inform their users when and why their betting activity has been limited.

At a meeting on Thursday, Massachusetts Gaming Commission (MGC) Deputy General Counsel Justin Stempeck presented commissioners with two options for the language of a new rule aimed at changing how sports betting operators approaching limiting players. Commissioners voted 5-0 in favor of putting forth a proposal that, if ultimately approved and enacted, would require legal sports betting operators to notify players that their activity has been limited, and explain why.

The proposed change will be opened up for public comment and hear from operators, other stakeholders and the public on the proposal. After feedback is reviewed and potentially incorporated, a formal commission vote would be required to officially adopt it.

“We are the first jurisdiction to take up this issue,” ..

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NCAA condemns Kalshi for readying transfer portal contracts

NCAA President and CEO Charlie Baker said that Kalshi’s apparent intent to offer sports event contracts on which college athletes will enter or withdraw from the transfer portal is “absolutely unacceptable.”

Kalshi filed for self-certification of the transfer portal contracts, as well as markets on whether a player will transfer to a team within a certain time period, to the Commodity Futures Trading Commission (CFTC) on Tuesday, as first reported by InGame.

The filings stated that the contracts, which would be settled based on “public announcements”, including players’ social media and other channels, would initially be listed on Dec. 17.

A surefire route to integrity issues

Baker responded to the news on Thursday with a strongly worded statement on social media site X.

“The NCAA vehemently opposes college sports prediction markets,” Baker wrote. “It is already bad enough that student-athletes face harassment and abuse for lost bets on game performance, and now Kalshi wants to of..

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Does banning player props solve the college sports betting problems?

As reports rise of student-athletes receiving more abuse related to sports betting and incidents continue to emerge of players themselves being integrated in betting scandals, would a ban on college player props be an effective solution?

That was a question that panelists at the National Council of Legislators from Gaming States (NCLGS) Winter Meeting in Puerto Rico last week, as individuals in charge of college athletics programs and integrity monitoring firms discussed the challenges facing schools and the NCAA right now.

Athlete abuse on the rise

Various surveys have suggested that collegiate athletes are increasingly in the firing line from sports bettors, and NCAA President Charlie Baker has cited concerns about welfare and sporting integerity as reasons why states should ban college player prop bets.

IC360 Managing Director of ProhiBet Matt Heap noted that since May 2024, IC360 has received more than 17,000 responses to survey questions addressed at student-athletes, coaches ..

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NJ lawmakers hear both sides on the issue of banning in-game props

Lawmakers in New Jersey heard from both sides of the argument regarding a proposed bill to ban in-game prop betting, or micro-betting, in the state. However, since the hearing was only informational, so far, the Assembly has not taken any action on the matter.

Bill would ban in-game wagers on events like baseball pitches

Rep. Dan Hutchinson kicked off the hearing by explaining his measure, A 5971, which he introduced last month amidst a torrent of controversies related to match fixing in professional and collegiate sports. The bill would eliminate the bets and impose a fine of between $500 and $1,000 on each wager taken. There is a companion bill in the New Jersey Senate with the same text, S

Hutchinson recalled some experiences he shared interacting with those who have dealt with problem gambling as well as voiced his own thoughts as to why he thinks the matter is an issue worth legislating.

“As I watched the Eagles play yesterday, I was shocked to find that gambling ads were bak..

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NCAA’s Baker believes sports event contracts feel ‘catastrophic’

NCAA President Charlie Baker has been outspoken about the impact of legal sports betting on its student-athletes, but the organization is also having to consider another vertical.

Baker sat down with Yahoo! Sports to discuss the legal sports betting industry and how the NCAA is responding to recent gambling infractions across sports and the steps the organization is taking to protect its student-athletes. Baker also discussed the growing popularity of prediction markets and how the NCAA perceives the emerging platforms.

Easy access to online wagering changed the game

Since the overturning of PASPA in 2018, the NCAA has worked to develop and implement a framework that protects student-athletes from gambling-related harm and ensures the integrity of competition. However, the rapid pace of growth and the accessibility of online sports wagering impacts how the NCAA sets a standard related to regulated gambling.

“I don’t think anybody was anticipating that it [legal sports betting] woul..

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NCAA gambling probe extends to former San Francisco student-athlete

The NCAA investigation into sports betting violations at Fresno State led to the discovery of similar infractions at another California university.

Former University of San Francisco men’s basketball guard Marcus Williams was found to have violated the NCAA’s rules related to sports betting by knowingly providing information to a third-party for gambling-related purposes. Williams shared information with former Fresno State men’s basketball player Mykell Robinson, who was dismissed from the university and ruled permanently ineligible by the NCAA for manipulating his performances during games to win bets.

The NCAA initiated an investigation into Williams after their probe into Robinson revealed communication between the two players. The communication included Williams providing information for Robinson to wager on him.

Robinson leveraged daily fantasy sports accounts to place bets on Williams. The NCAA did not disclose which gaming platform Robinson used to place the wagers. NCAA ga..

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NY judge doesn’t buy argument that DraftKings promos were misleading

Notch another one in the win column for DraftKings, as Southern District of New York Judge Denise Cote dismissed a class action lawsuit against the sportsbook over its promotions.

After prevailing in a similar lawsuit in the Eastern District of New York in July, Cote’s ruling drew many of the same conclusions as the judge drew in that case. Both cases observed that there were clear opportunities for the plaintiffs to read the terms of service surrounding the $1,000 deposit bonus and the “No Sweat” bet, so they cannot argue that DraftKings was misleading in how these offers were presented.

Plaintiffs didn’t have a specific DK ad in mind

Cote also pushed back at the suit because the plaintiffs could not point to the exact advertisement the plaintiffs had seen. The plaintiffs tried to argue that didn’t makker because all of the ads are relatively the same, but Cote said a specific example is necessary in order to state a claim.

She went into more detail on other elements of the case, ..

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PCH owner ARB Interactive strengthens legal & public policy teams

The owner of Publishers Clearing House is bolstering its legal and public policy teams as it plans to expand its reach in the social plus gaming space.

New hires come with casino backgrounds

ARB Interactive announced the appointment of veteran attorney Bryan P. Schroeder as general counsel and the hiring of public policy expert Steve Arthur as vice president of government affairs. Schroeder joins ARB Interactive after serving as vice president of compliance at Hard Rock Digital. The executive also had a two-year stint as senior vice president of compliance & legal at Tipico after spending over a decade at Parx Casino.

At Parx Casino, Schroeder held various roles, including deputy general counsel.

“Bryan brings an extraordinary depth of expertise across the full spectrum of gaming law, regulatory, compliance, operations, online gaming and corporate governance,” said ARB Interactive CEO Patrick Fechtmeyer. “His experience guiding organizations through rapidly evolving regulatory lan..

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