How Sports Leagues Are Handling Betting Scandals

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00:00The leagues are taking several different approaches to dealing with these emerging

00:03alleged gambling scandals. The one that's getting the most press recently is to address

00:08prop betting, propositional bets. So these are bets not on games, game outcomes, but they're

00:14bets on specific events within a game. How many free throws somebody will get, how many minutes

00:19someone will play, how many rebounds, what kind of speed a pitch will be at. There's increasing

00:25talk about banning some, if not all of these kinds of propositional bets. There's a lot

00:31of controversy around that too, because there's a fear that if you do ban these, that the bets

00:35will then go from legal sports books to illegal sports books, and we may have made the problem

00:41worse rather than making it better. The second approach, and we're going to see more of this

00:45in coming weeks, months, and years, is there's going to be tighter control on how information

00:50around injuries is reported. So one of the problems that we've seen in these emerged

00:55alleged scandals is players taking advantage of information about injuries that isn't circulated

01:01to the public, letting gamblers know about it allegedly, and those gamblers are then allegedly

01:05able to bet on that. The leagues, especially the NBA, is looking at how better to control

01:11this information so that it isn't leaked out and given to pro gamblers.