NCAA to maintain restriction on professional sports gambling
The NCAA is no longer considering a rule change that would have allowed its student-athletes to wager on professional sports.
The governing body of college sports announced that its Division I member schools voted to rescind an approved rule change that would have lifted a ban on pro sports betting.
DI institutions had the opportunity to rescind the rule change as part of the NCAA’s protocols, which allow DI schools to vote whether to rescind an approved rule change within 30 days if a proposal doesn’t receive at least 75% of votes from the DI Board.
Last month, the board voted to adopt the proposal, but with fewer than 75% of the votes.
The lack of votes allowed DI member institutions to vote on the issue, with two-thirds of the schools voting against lifting the NCAA’s ban on pro sports betting.
The NCAA considered a change of stance regarding pro sports betting as its bylaws “were written and adopted at a time when sports gambling was largely illegal nationwide,” said Universit..