Balancing Risk and Opportunity: What Athletics Departments Need to Know about the College Sports Betting Regulatory Climate

LEAD1 Association, which represents the athletics directors of the 131-member institutions of the Football Bowl Subdivision, recently prepared this summary of a recent webinar on legal sports betting. The U.S. is the only country in which widespread sports betting occurs on college sports events. With Americans betting billions of dollars on college sporting events including college football (estimated $1 billion is bet annually on college football), and NCAA March Madness (estimated 68