10/5/2023 0 Comments Lansing state journal miIt doesn’t feel like a great fit with the mission of higher ed. Still, I can understand MSU wanting to walk away from this and why many folks never liked the partnership to begin with. Perhaps better to learn a hard lesson at 21 than 41. They also usually have less money to lose. And young people tend to be more impressionable. Not done in moderation and with discipline and an understanding of one’s limits, it can be a problem. So perhaps universities shouldn’t be seen as promoting sports betting - though it is an activity as legal in many places as drinking beer, buying a lotto ticket or charging people $25,000 a year to go to school and live on campus, leading some of them to take out loans they’ll be saddled with deep into adulthood. The NCAA released the results of a survey this past week which found that a staggering 67% of students living on campuses are bettors (an unbelievable number), and that 41% of college students who bet on games have been on their school’s teams and 35% have placed bets through a fellow student playing the role of bookie. Because the industry can’t police unregulated sports books, which are as easy to find on a college campus as Beaumont Tower is at MSU. That those situations were flagged, it should be noted, are examples of the system working. There have also been a couple high-profile sports betting scandals elsewhere in college athletics - with Alabama’s baseball coach, who lost his job, and with 41 athletes at Iowa and Iowa State, who by NCAA rule, aren’t allowed to bet on sports that the NCAA sponsors, even if it’s not their sport. For one, there's different leadership at the top at MSU. Some things have changed since the deal was originally signed in January 2022 between Caesars and MSU’s multimedia rights partner Playfly Sports. “Initially, it was a good thing, but I don’t think it’s in our best interest moving forward,” MSU athletic director Alan Haller said. What appeared to be a new source of revenue for athletic departments - reportedly close to $9 million for MSU over the span of the contract - as sports gambling became legalized in many states, including Michigan, is no more. That spurred momentum toward a quick end to the partnerships already in place. The American Gaming Association - of which Caesars isn't a member - recently banned sportsbooks from partnering with colleges. A similar deal between Caesars and LSU is reportedly also coming to an end prematurely. Caesars, it seems, wasn’t loving life as a sponsor in college athletics, either. Sports betting will no longer be in your face - or in students’ faces - at the game or on campus. You’ll be able to pretend for three hours on Saturday that Spartan Stadium is a sacred place, more wholesome than the rest of college athletics, and that sports betting isn’t among the driving forces behind the popularity of major college sports and, thus, a significant piece of the revenue and resources flowing into athletic departments. You won’t see Caesars as a presence at MSU football and basketball games any longer. Lansing State Journal may also be known as or be related to Lansing State Journal.If you didn’t like Michigan State Athletics’ partnership with Caesars Sportsbook, you’ll be happy to know that it’s ending. The data presented on this page does not represent the view of Lansing State Journal and its employees or that of Zippia. None of the information on this page has been provided or approved by Lansing State Journal. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The employee data is based on information from people who have self-reported their past or current employments at Lansing State Journal. Zippia gives an in-depth look into the details of Lansing State Journal, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lansing State Journal.
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