Headline: New York Times, 10/24/2025
Jenny Vrentes reports on how team owners have calculated that the bad (greed) outweighs the good (the integrity of sports):
In the seven years since a Supreme Court decision cleared the way for legalized sports betting, the major U.S. sports leagues have shed any hesitations they had about gambling. They are now profiting — to the tune of hundreds of millions of dollars a year — from partnerships with sports betting companies. [emphasis added]
Team owners have made the calculation that the financial upside is worth “the potential expected likely loss if some form of scandal were to come up,” said Marc Edelman, a law professor and director of sports ethics at Baruch College in New York. “But who’s to say whether or not that’s a rational conclusion?”
Related posts:
Poll: Sports betting, never fully embraced by the general public, now quickly falling out of favor. (10/24/2025)
Colleges hop in bed with sports-betting companies. (12/3/2022)
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