"Part of that is their concerns about sports gambling and the pressures that are emerging upon them... I want to know the other people in other uniforms... are held to the same standards." The current lack of regulation creates integrity risks (point shaving, prop bet manipulation) which threatens the viability of college sports as a betting product. The "SCORE Act" or Executive Order aims to standardize rules and player availability. A regulated, stable league structure (similar to the NFL) is the optimal environment for sportsbooks. It ensures consistent volume and reduces the risk of scandals that would force regulators to ban college prop bets. Long Sportsbooks as the underlying asset (college sports) moves from "amateur chaos" to "professional stability." A major gambling scandal breaks before legislation passes, causing states to ban college betting.
DKNG
FLUT
CNBC
Mar 06, 23:11