All major college sports conferences are paying independent betting monitors to make sure their athletes abide by the rules and to catch those who are not.
FILE – Iowa place kicker Aaron Blom misses a field goal at the end of an NCAA college football game against Iowa State, Saturday, Sept. 10, 2022, in Iowa City, Iowa. Iowa State won 10-7. A former walk-on kicker at the University of Iowa was charged Wednesday, Aug. 2, 2023, in connection with wagering on Hawkeyes sports events — one day after Iowa State quarterback Hunter Dekkers was accused of committing the same offense.
More than a dozen current and former Iowa and Iowa State athletes and staffers face charges and the Cyclones may kick off their football season missing a handful of starters. “I think early on we were lucky because … no one was really focusing on compliance products or integrity products,” Holt said. Still, the scandals have drawn attention and raised concerns. A recent survey found that more than half of college students ages 18 to 22 had placed sports wagers and the NCAA plans an athlete-only assessment this fall.“More and more potential issues could become prevalent, but the good news is these things are being flagged and discovered and managed, so I think what is in place is potentially working,” said Baird Fogel, a California attorney who works with the sports betting industry.
Ron Li, senior vice president of client strategy for Navigate, said financial giant Morgan Stanley projected in late 2019 that the legalized sports wagering market could reach $8 billion by 2025. When that figure was hit in late 2022, Morgan Stanley revised its forecast to almost $13 billion.
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