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Sports Leagues Chase Profits Despite Integrity Concerns from Legal Gambling

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Overview

  • Multiple incidents of players betting on NFL games have raised concerns about the integrity of pro sports as legalized sports betting expands in the US.
  • Leagues have partnered with tech companies to monitor for fraud and sell official data, generating huge revenue from legal sports betting.
  • While monitoring companies flag suspicious activity, deals between leagues and companies raise questions about conflicts of interest and lack of transparency.
  • Experts suggest separating bookmakers and sports leagues, creating an independent monitoring agency, addressing addiction and problem gambling, and preventing teams from losing on purpose.
  • The fear is that players and league personnel betting on games could share inside information and aid match fixing.