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Long Article in the NYTimes about LSU and gambling
Posted on 11/21/22 at 7:35 am
Posted on 11/21/22 at 7:35 am
LINK
In September 2021, an official in Michigan State University’s athletic department sent an email to his boss with exciting news: An online betting company was willing to pay handsomely for the right to promote gambling at the university. “Alan, if we are willing to take an aggressive position, we have a $1 M/year deal on the table with Caesar’s,” Paul Schager wrote to Alan Haller, the university’s athletic director. The offer from Caesars Sportsbook turned out to be even bigger than that, according to emails obtained by The New York Times. In the end, the company proposed a deal worth $8.4 million over five years. It was, a member of the negotiating team said in another email, “the largest sportsbook deal in college athletics.”
Other schools, too, have struck deals to bring betting to campus. After Louisiana State University signed a similar deal in 2021 with Caesars, the university sent an email encouraging recipients — including some students who were under 21 and couldn’t legally gamble — to “place your first bet (and earn your first bonus).”
SNIP
All three deals were part of a far-reaching but secretive campaign by the nascent online sports-gambling industry. Ever since the Supreme Court’s decision in 2018 to let states legalize such betting, gambling companies have been racing to convert traditional casino customers, fantasy sports aficionados and players of online games into a new generation of digital gamblers. Major universities, with their tens of thousands of alumni and a captive audience of easy-to-reach students, have emerged as an especially enticing target.
So far, at least eight universities have become partners with online sports-betting companies, or sportsbooks, many in the last year, with more expected. In addition, at least a dozen athletic departments and booster clubs have signed agreements with brick-and-mortar casinos. For example, Turning Stone Resort and Casino is the official resort of Syracuse University’s ‘Cuse Athletics Fund. In 2020, Texas Christian University, in Fort Worth, joined WinStar World Casino and Resort to open a new club with suites and premium seating.
The online gambling deals have helped athletic departments recoup some of the revenue they lost during the pandemic. The partnerships bring in extra funds that schools can use to sign marquee coaches and build winning sports teams. Mr. Haller, Michigan State’s athletic director, said in a news release at the time of the Caesars deal that it would provide “significant resources to support the growing needs of each of our varsity programs.” The partnerships raise questions, however, about whether promoting gambling on campus — especially to people who are at an age when they are vulnerable to developing gambling disorders — fits the mission of higher education.
“It just feels gross and tacky for a university to be encouraging people to engage in behavior that is addictive and very harmful,” said Robert Mann, an L.S.U. journalism professor and outspoken critic of the partnerships.
In September 2021, an official in Michigan State University’s athletic department sent an email to his boss with exciting news: An online betting company was willing to pay handsomely for the right to promote gambling at the university. “Alan, if we are willing to take an aggressive position, we have a $1 M/year deal on the table with Caesar’s,” Paul Schager wrote to Alan Haller, the university’s athletic director. The offer from Caesars Sportsbook turned out to be even bigger than that, according to emails obtained by The New York Times. In the end, the company proposed a deal worth $8.4 million over five years. It was, a member of the negotiating team said in another email, “the largest sportsbook deal in college athletics.”
Other schools, too, have struck deals to bring betting to campus. After Louisiana State University signed a similar deal in 2021 with Caesars, the university sent an email encouraging recipients — including some students who were under 21 and couldn’t legally gamble — to “place your first bet (and earn your first bonus).”
SNIP
All three deals were part of a far-reaching but secretive campaign by the nascent online sports-gambling industry. Ever since the Supreme Court’s decision in 2018 to let states legalize such betting, gambling companies have been racing to convert traditional casino customers, fantasy sports aficionados and players of online games into a new generation of digital gamblers. Major universities, with their tens of thousands of alumni and a captive audience of easy-to-reach students, have emerged as an especially enticing target.
So far, at least eight universities have become partners with online sports-betting companies, or sportsbooks, many in the last year, with more expected. In addition, at least a dozen athletic departments and booster clubs have signed agreements with brick-and-mortar casinos. For example, Turning Stone Resort and Casino is the official resort of Syracuse University’s ‘Cuse Athletics Fund. In 2020, Texas Christian University, in Fort Worth, joined WinStar World Casino and Resort to open a new club with suites and premium seating.
The online gambling deals have helped athletic departments recoup some of the revenue they lost during the pandemic. The partnerships bring in extra funds that schools can use to sign marquee coaches and build winning sports teams. Mr. Haller, Michigan State’s athletic director, said in a news release at the time of the Caesars deal that it would provide “significant resources to support the growing needs of each of our varsity programs.” The partnerships raise questions, however, about whether promoting gambling on campus — especially to people who are at an age when they are vulnerable to developing gambling disorders — fits the mission of higher education.
“It just feels gross and tacky for a university to be encouraging people to engage in behavior that is addictive and very harmful,” said Robert Mann, an L.S.U. journalism professor and outspoken critic of the partnerships.
This post was edited on 11/21/22 at 7:37 am
Posted on 11/21/22 at 7:36 am to Eurocat
quote:
NYTimes
Stopped there
Posted on 11/21/22 at 7:36 am to Eurocat
College sports were so pure before gambling got involved. /s
Posted on 11/21/22 at 7:37 am to Eurocat
Was this just informative or am i supposed to feel a certain way about this?
Posted on 11/21/22 at 7:38 am to Eurocat
quote:Slimy POS
Robert Mann
Posted on 11/21/22 at 7:39 am to Eurocat
Eurocat posts an article by the Failing New York Times.
shocked [not shocked]
shocked [not shocked]
Posted on 11/21/22 at 7:41 am to Eurocat
quote:
Robert Mann
Well they just lost any credibility they had once they quoted that arse hat.
Posted on 11/21/22 at 7:42 am to ell_13
quote:
Robert Mann
Slimy POS
I knew 100% that cpt dustbuster would have been quoted
Posted on 11/21/22 at 7:42 am to Eurocat
The NYT has about as much credibility as your local drug dealer
Posted on 11/21/22 at 7:43 am to Fat and Happy
quote:
Was this just informative or am i supposed to feel a certain way about this?
You are supposed to feel icky for no apparent reason.
Posted on 11/21/22 at 7:46 am to Fat and Happy
Gambling, like drug use, are for degenerates. I dont have the right to stop you from your liberty, but when the losses and abuses cross into my world (theft, etc..) then you need to be put away from society. End of story
Posted on 11/21/22 at 7:47 am to Eurocat
How unethical of Caesars and the schools to sign these lucrative partnerships that unapologetically force students and alumni to make bets with a gun to their head
Posted on 11/21/22 at 7:48 am to 610man
quote:
The NYT has about as much credibility as your local drug dealer
Posted on 11/21/22 at 7:48 am to Picayuner
quote:
degenerates. I dont have the right to stop you from your liberty, but when the losses and abuses cross into my world (theft, etc..) then you need to be put away from society. End of story
Some college junior putting ten bucks on his school to win a game isn’t crossing into your world. Get over yourself
Posted on 11/21/22 at 7:54 am to ell_13
Without knowing anything else about him but being part of the school’s journalism program, I’m inclined to think he is full of shite.
Apparently that instinct was well founded.
Apparently that instinct was well founded.
Posted on 11/21/22 at 7:55 am to Eurocat
Accepted and widespread gambling is just a sign of societal decay, and universities have been at the forefront of pushing that decay for decades.
Posted on 11/21/22 at 7:59 am to MrWalkingMan
quote:Yeah, that's what the online services are expecting...ten bucks a kid.
Some college junior putting ten bucks on his school to win a game isn’t crossing into your world
Posted on 11/21/22 at 8:04 am to Picayuner
quote:
Gambling, like drug use, are for degenerates. I dont have the right to stop you from your liberty, but when the losses and abuses cross into my world (theft, etc..) then you need to be put away from society. End of story
I bet you're a blast at parties.
Posted on 11/21/22 at 8:06 am to Picayuner
quote:
Gambling, like drug use, are for degenerates. I dont have the right to stop you from your liberty, but when the losses and abuses cross into my world (theft, etc..) then you need to be put away from society. End of story
i dont gamble, but why is gambling different from alcohol use? why cant both be done responsibly?
i agree that theft is an issue, but i havent heard it being an issue with those addicted to gambling?
are their deranged gangs of gamblers that are going around stealing catalytic converter that i just havent heard about?
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