Skip to content
Gibraltar
Wire

Sections

Alerts

What do you want to understand?

REGULATION 60-second read

US lawmakers target colleges fielding athletes who bet on games

Published: 1 min read
An empty college football stadium at dusk, stands bare, floodlights glowing.

The fine rises from 5% to 10%, then 20% for later offences, based on a school’s gross athletics receipts.

The hit

Two US Representatives have introduced a bill that would fine colleges for fielding athletes who bet on college sports or played professionally in that same sport. Adrian Smith & Brendan Boyle brought the Fair Play Enforcement Act to Congress this month, according to Casino.org, prompted by a recent scandal involving LSU.

Why it matters

Smith & Boyle say the bill would hold colleges accountable for fielding athletes who violate fair competition standards. For colleges, it raises the cost of weak vetting: schools that knew or should have known about a banned athlete face a fine. Boyle says the bill creates “a financial consequence for schools that cross that line”.

The record

First offence fine 5% of a school’s gross athletics receipts
Second offence fine 10% of a school’s gross athletics receipts
Third offence fine 20% of a school’s gross athletics receipts
Penn State estimated first-offence cost almost $13m
Penn State estimated second-offence cost $25.5m
Penn State estimated third-offence cost $51m

What happens next

Watch for committee hearings on the Fair Play Enforcement Act & whether lawmakers clarify if prediction market trades count as wagers under the bill.

Sources: Colleges Face Steep Fines Under Fair Play Enforcement Act

Named in this story? Reply to newsdesk@infobets.com & we publish it.

18+. Betting involves risk. If gambling is a problem for you or someone close to you, help is available.

Discussion

Ask a question, add useful context or share a source. Keep it relevant & respectful.

Add a comment

Comments are reviewed before publication.

Your comment

Your email address will not be published. Required fields are marked .