Seria A players involved in betting scandal, cricket to be included in 2028 Olympics, and new momentum in Brazil’s betting bill. Here’s the fresh Review!
Serie A players implicated in betting scandal
More than a dozen Serie A players could be involved in a betting scandal, with Juventus midfielder Nicolò Fagioli and Premier League players Sandro Tonali and Nicolò Zaniolo already having been questioned by prosecutors in Turin.
Italian media report that at least another dozen players could be involved.
The investigation is ongoing, and it is not yet clear what charges, if any, will be filed against the players involved. Find out more
Cricket included in the 2028 Olympics
Cricket will be included along with four other sports: flag football, squash, baseball/softball, and lacrosse.
The International Olympic Committee’s executive board approved the additions. IOC President Thomas Bach hailed the news as a “win-win” for all sides, saying that it would “engage with new athlete and fan community”.
Cricket is the second most popular sport in the world, but it has only been played at the Olympics once, in 1900. Read more
Brazil’s sports betting bill gains momentum
Brazilian Senator Angelo Coronel has been appointed as the new Rapporteur for Bill 3626/23, which aims to establish a regulatory framework for sports betting.
Coronel is known for his support for the legalization of various forms of gambling in Brazil.
The sports betting market in Brazil is estimated to be worth billions of dollars. The new bill would create a licensing system for sports betting operators and establish a number of safeguards to protect consumers. Learn more
US Supreme Court throws future of Florida betting into doubt
The US Supreme Court has granted a temporary stay in the statewide launch of online sports betting.
The stay was granted at the request of two Florida operators, West Flagler Associates and the Bonita-Fort Myers Corporation, who are challenging the legality of the state’s gaming deal with the Seminole Tribe. Read more
US investors turn to lower-valued European football clubs
US investors are looking to invest in lower-valued European clubs, as opposed to the most renowned clubs that have earlier commanded higher valuations.
This shift is being driven by a number of factors, including the rising cost of buying a top-tier club, the potential for higher returns from investing in a smaller club, and the desire to diversify their portfolio. Read more
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