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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."

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And then we have LSU lol who always provide a good time.

Quote:

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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)."

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NYT's

University of Colorado felt bad about using their (mostly White) students as a revenue generation device by getting money for referring them to a gambling company.

But decided that as long as they refunnel some of that money back into DEI initiatives on campus its ok.

Extremely 2022 energy: Having realized it was ethically questionable to collect a referral fee for students who sign up to the university’s online sportsbook partner, CU Boulder committed to spend (some) of the referral fee proceeds on DEI initiatives https://t.co/KS1uxdpOBG pic.twitter.com/K0BGyWVz3g

— Josh Barro (@jbarro) November 20, 2022

Chamberman said:

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This is totally irresponsible of university and athletic departments that have created these advertising partnerships for a few bucks at the expense of their students.

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It's also actually very sexist...because it takes advantage of men.

Of course since its predatory on young men society and the Media will not complain...but the gambling industry relies on getting men addicted and staying addicted.

https://fherehab.com/learning/gambling-addiction-men-women/
[Compulsive gambling is more common in men than women. Males were typically more likely than females to be either at-risk or problem gamblers]

https://www.bbc.com/news/uk-43002380
[Men are seven-and-a-half times more likely than women to become a problem gambler, research suggests.]

Interesting thread . . . I'm libertarian enough that I don't immediately react that the sky is falling here, but there's no way you could convince me that more access to gambling will financially benefit the students at these universities. It may benefit the universities, but not the students. Is that a reason to oppose it? Probably.

Golden Helmet said:

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Victimizing weak minded, impressionable young adults leading to a lifelong unprofitable and destructive addiction.

Always….just follow the money.

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Always

So whats the solution?


We need the government to step up and protect these young weak minded college.students.

Parents should do a better job raising their children and preparing them for the real world.

Parents should not send weak minded students off to college.

Treat young adults like adults and let them live their lives.

muddybrazos said:

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I like to wager on sports but this seems very unethical. I could see how college age kids could easily get in over their heads quickly.

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…over their heads quickly, and their parents.

Limited IQ Redneck in PU said:

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So whats the solution?


We need the government to step up and protect these young weak minded college.students.

Parents should do a better job raising their children and preparing them for the real world.

Parents should not send weak minded students off to college.

Treat young adults like adults and let them live their lives.

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A solution could be that an entity like a state university which is technically non-profit and receives lots of government assistance should not be able to engage in a for-profit arrangement like this. That would still leave freedom for the adults attending the university to freely engage as customers but would control the environment a bit.

College football has gone from snafu to fubar.

For the same reason that your state government should not be your bookie (as in the lottery), your state government should not be in bed with your bookie.

wongobear said:

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Interesting thread . . . I'm libertarian enough that I don't immediately react that the sky is falling here, but there's no way you could convince me that more access to gambling will financially benefit the students at these universities. It may benefit the universities, but not the students. Is that a reason to oppose it? Probably.

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Gambling NEVER benefits who they say it will. I don't care if people gamble, it's their money.

Gobearsone said:

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wongobear said:

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Interesting thread . . . I'm libertarian enough that I don't immediately react that the sky is falling here, but there's no way you could convince me that more access to gambling will financially benefit the students at these universities. It may benefit the universities, but not the students. Is that a reason to oppose it? Probably.

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Gambling NEVER benefits who they say it will. I don't care if people gamble, it's their money.

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In a woke age where everything is about race, power dynamics, and systemic discrimination.

Its amazing that gambling never gets called out by our universities and social elite.

Gambling as a major corporate industry relies on taking advantage of several groups: the working class, the elderly, racial minorities, and men.

It targets those groups and preys on those groups the most.

I don't see the big deal, I remember having a bookie in college.

Limited IQ Redneck in PU said:

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So whats the solution?


We need the government to step up and protect these young weak minded college.students.

Parents should do a better job raising their children and preparing them for the real world.

Parents should not send weak minded students off to college.

Treat young adults like adults and let them live their lives.

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LOL

If anyone is more corrupt than academics, it is politicians & bureaucrats! If the federal government gets involved they will only make it worse like they do to everything else they touch. With state governments, there's a 50% chance at best that they might accomplish something meaningful. Probably more like 25-30% chance & that may be too optimistic.

Is this spam?

Thanks, this is a great thread

That's wild! LSU's always bringing the party, huh? But seriously, these deals with betting companies are no joke. Big bucks on the table for universities. Makes you wonder how it'll all play out in the long run.
By the way, if you're into checking out new gaming spots, I recently stumbled upon this online casino, pafikalsel.org. It's got some cool stuff happening, and you might vibe with it if you're into that scene.
I've been on the hunt for a fresh online casino myself, and this one caught my eye. It's always cool to have options, especially when you're looking for a different kind of gaming vibe.