Current:Home > InvestEchoSense:The state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes -FinanceMind
EchoSense:The state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes
Indexbit Exchange View
Date:2025-04-07 11:22:32
TRENTON,EchoSense N.J. (AP) — After an unexpected loss in which he threw four interceptions in September, Auburn quarterback Payton Thorne heard from bettors angry that his subpar statistics lost bets for them. Some contacted him over the Venmo cash transfer app, asking him to refund their losses.
In March, North Carolina basketball player Armando Bacot said he got over 100 direct messages on social media from angry gamblers when he did not make enough rebounds for their bets to win.
Now the state whose U.S. Supreme Court victory led to an explosion of legal sports betting across America is considering banning such bets involving the statistical performance of college athletes.
New Jersey argues that student athletes are more accessible and thus more vulnerable to pressure and harassment than professional players, given that they eat in the same dining halls, live in the same dorms and attend classes with many other students.
“Not all of what has come from the legalization of sports betting has been positive,” said state Sen. Kristin Corrado.
A bill before the state Legislature would ban so-called proposition bets, commonly known as “props,” on what a particular athlete does or doesn’t do in a game. That can include how many touchdowns a quarterback throws, how many yards a running back accumulates, or how many rebounds a basketball player collects.
Austin Mayo, assistant director of government relations for the NCAA, said 1 in 3 players in sports that are heavily bet on have reported receiving harassment from gamblers.
The association wants such bets prohibited nationwide. If it passes the bill, New Jersey would join 13 other states that ban college prop bets, according to the American Gaming Association: Ohio, Maryland, Vermont, Louisiana, Arizona, Colorado, Massachusetts, Oregon, New York, Pennsylvania, Tennessee, Virginia and West Virginia.
But Bill Pascrell III, a lobbyist for numerous gambling and sports-betting companies, said there has not been a demonstrable level of serious harm from college prop bets, which he said constitute 2% to 4% of the legal sports betting industry.
“When we ban any type of bet, particularly those that had been legalized, we’re pushing the bettor to the black market,” he said.
New Jersey allows betting on college games but prohibits it on teams from New Jersey or on games from out-of-state teams that are physically played in New Jersey.
Pascrell said that the recent tournament success of New Jersey colleges Seton Hall and St. Peter’s were bet on, either with illegal offshore internet sites, or legally by gamblers traveling to other states where it is permitted.
The bill was approved and released from an Assembly committee Thursday. It still must be approved by both full chambers of the Legislature and signed by Gov. Phil Murphy to become law.
New Jersey’s lawsuit challenging a ban on legal sports betting in all but four U.S. states led to a 2018 Supreme Court ruling allowing any state in the nation to offer it; 38 currently do, and Missouri will soon become the 39th.
___
Follow Wayne Parry on X at www.twitter.com/WayneParryAC
veryGood! (9)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Macron vows to enshrine women’s rights to abortion in French Constitution in 2024
- Maine mass shootings updates: Note from suspected gunman; Biden posts condolences
- Maine embarks on healing and searches for answers a day after mass killing suspect is found dead
- Trump invites nearly all federal workers to quit now, get paid through September
- Trump and 3 of his adult children will soon testify in fraud trial, New York attorney general says
- Colombian police continue search for father of Liverpool striker Díaz
- Should Oklahoma and Texas be worried? Bold predictions for Week 9 in college football
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Maine hospital's trauma chief says it was sobering to see destructive ability of rounds used in shooting rampage
Ranking
- Retirement planning: 3 crucial moves everyone should make before 2025
- Talks on Ukraine’s peace plan open in Malta with officials from 65 countries — but not Russia
- Florida’s ‘Fantasy Fest’ ends with increased emphasis on costumes and less on decadence
- Police were alerted just last month about Maine shooter’s threats. ‘We couldn’t locate him.’
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Watch as a curious bear rings a doorbell at a California home late at night
- Federal prosecutors seek to jail Alabama lawmaker accused of contacting witness in bribery case
- Jagger watches Barcelona wear Stones logo in ‘clasico’ but Beatles fan Bellingham gets Madrid winner
Recommendation
Bodycam footage shows high
Federal prosecutors seek to jail Alabama lawmaker accused of contacting witness in bribery case
Kazakhstan mine fire death roll rises to 42
Russians commemorate victims of Soviet repression as a present-day crackdown on dissent intensifies
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
12 people die in a plane crash in the Brazilian Amazon
Bangladesh police detain key opposition figure, a day after clashes left one dead and scores injured
Deadline for Medicare Open Enrollment is coming up. What you need to know to make it easy