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What are the odds? Colleges fear sports betting will lead to cheating

It shouldnt all be on the backs of schools because the gaming interests are making all the money here, and the schools are taking all the risks. The gaming industry has so far successfully deflected arguments to pay integrity fees, saying that professional and amateur sports leagues stand to earn substantial income directly by selling data and forming advertising partnerships with gaming interests, as well as indirectly through greater fan engagement. The notion of the integrity fee, youre really tripping over dollars to pick up pennies, said Sara Slane, senior vice president of public affairs for the American Gaming Association. At the end of the day, theres plenty of money to be made. The NFL alone will generate $2.3 billion in additional revenue from legal sports betting, according to a Nielsen study the AGA commissioned. About $573 million flows directly from the gaming industry for ads, sponsorships and product fees. About $1.7 billion in new revenue would come from increased value of media rights, merchandise and ticket sales. Officials say sports bettors attend more events and watch more sports on television, driving up overall ad rates and revenue. People are consuming more games for longer periods of time because they actually have skin in the game, compared to whats happening right now where fans are just watching their teams, and not watching the entire games, said Slane. How much the NFL model might translate to college sports is debatable. Despite the Supreme Courts ruling, the NCAA is loathe to endorse any kind of sponsorship with gambling interests. While some have advocated that leagues or schools financially benefit from new state laws, including integrity fees levied on sports wagering revenues, the NCAA instead has decided to focus its attention on the substance of education, the protection of student-athletes, and a standard approach to game integrity through consistent national guidelines, the NCAA said in a statement.

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