Adopts Archives - Keno Wizard https://kenowizard.com/tag/adopts/ The Ultimate Keno Destination for Odds, Tips & Tricks Thu, 09 Nov 2023 08:17:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 Adopts Archives - Keno Wizard https://kenowizard.com/tag/adopts/ 32 32 230792155 NCAA Adopts New Guidelines for Student-Athletes in Sports Betting Cases https://kenowizard.com/2023/11/09/ncaa-adopts-new-guidelines-for-student-athletes-in-sports-betting-cases/ https://kenowizard.com/2023/11/09/ncaa-adopts-new-guidelines-for-student-athletes-in-sports-betting-cases/#respond Thu, 09 Nov 2023 08:17:20 +0000 https://kenowizard.com/2023/11/09/ncaa-adopts-new-guidelines-for-student-athletes-in-sports-betting-cases/ The NCAA has announced revised guidelines for student-athletes caught gambling on other college sports at their own schools. Under the previous rules established in June, students who bet on their own sports or other sports at their schools faced permanent loss of eligibility.  NCAA Reforms Penalties for Student-Athlete Gambling This move comes after the Collegiate [...]

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The NCAA has announced revised guidelines for student-athletes caught gambling on other college sports at their own schools. Under the previous rules established in June, students who bet on their own sports or other sports at their schools faced permanent loss of eligibility. 

NCAA Reforms Penalties for Student-Athlete Gambling

This move comes after the Collegiate Commissioners Association raised concerns about the overly punitive nature of the previous penalties. The change in rules reflects a more balanced approach to address the prevalence of sports betting among college students while still maintaining the integrity of competition.

Under the new guidelines, student-athletes caught wagering on teams at their school, excluding their own team, will now face a one-season suspension and a loss of one year of eligibility. Additionally, they will be required to participate in sports wagering rules and prevention education as a condition of reinstatement. The decision was supported by the Division I Council Coordination Committee, which acknowledged the need to modify reinstatement conditions for specific cases involving sports betting.

Jon Steinbrecher, chair of the Council Coordination Committee and commissioner of the Mid-American Conference, said: “To be clear, Division I members do not encourage student-athletes to engage in sports wagering at any level, and the actions today to modify reinstatement conditions should not be interpreted as support for wagering behaviors.” 

New Rules Reflect Understanding of Student-Athlete Mistakes

The new rules aim to strike a balance between addressing the reality of widespread betting on college campuses and maintaining the integrity of collegiate sports. The penalties are designed to be more fitting for 2023, acknowledging that young athletes might make mistakes without necessarily jeopardizing their entire careers.

It is important to note that despite the adjustment in reinstatement guidelines, the NCAA continues to prohibit student-athletes, coaches, and athletics administrators from engaging in sports wagering in any sport sponsored by the NCAA, including collegiate and professional sports. The change in rules signals a step forward in reevaluating NCAA regulations related to sports wagering, with further discussions likely to follow on this evolving issue.

The updated decision might offer respite to a few athletes implicated in the betting controversies at Iowa and Iowa State. DeShawn Hanika, a tight end at ISU, was cited for betting solely on Iowa State basketball games and not football matches. Nevertheless, nine other football players from both Iowa and Iowa State universities still confront the prospect of losing their eligibility permanently due to their involvement in gambling on their own games.

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Betsson’s Casino.dk Adopts the Betsson Brand https://kenowizard.com/2023/08/28/betssons-casino-dk-adopts-the-betsson-brand/ https://kenowizard.com/2023/08/28/betssons-casino-dk-adopts-the-betsson-brand/#respond Mon, 28 Aug 2023 18:24:36 +0000 https://kenowizard.com/2023/08/28/betssons-casino-dk-adopts-the-betsson-brand/ Betsson Group has rebranded the Casino.dk site in Denmark as it seeks to popularize its brand. The site will now operate under Betsson’s name, allowing the group to expand its global presence. As a result, Betsson will now be able to optimize its resources and consolidate a singular strong brand identity. With the Nordics being [...]

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Betsson Group has rebranded the Casino.dk site in Denmark as it seeks to popularize its brand. The site will now operate under Betsson’s name, allowing the group to expand its global presence. As a result, Betsson will now be able to optimize its resources and consolidate a singular strong brand identity.

With the Nordics being one of Betsson’s core markets, this move represents a significant step toward growing the brand’s international footprint. While the company’s NordicBet subsidiary will continue to operate in Denmark under its usual name, the rebranding of Casino.dk will familiarize Danish players and organizations with Betsson.

Operating as Betsson will provide a variety of advantages to the company, including marketing initiatives and sponsorship deals.

Speaking of marketing initiatives, the company just unveiled a new global marketing concept under the slogan “A Bet Makes the Difference.”

CCO Hartvig: The Rebranding Will Empower the Company

Ronni Hartvig, Betsson’s chief commercial officer, expressed his thoughts on the rebranding. He noted that Denmark is a very important market to his team, which is why Betsson Group is looking to consolidate its operation.

By bringing everything together under the unified Betsson brand, the operator will be able to “harness the power of consistency, scalability and synergy,” Hartvig said. He also said that the move will “empower” the company to optimize its resources, cultivate a brand identity and have a positive impact through marketing initiatives and partnerships.

Betsson Pulled Out from the Netherlands

A month ago, Betsson canceled its license application in the Netherlands, temporarily pulling out from the local market. While the company didn’t divest its Dutch assets, it decided to withdraw its application for the moment and reallocate its resources elsewhere.

The decision, Betsson said at the time, was caused by significant delays in the licensing process and “resource allocation considerations” because of opportunities in other markets. However, the company added that it might reapply for a license in the future.

In other news, Betsson recently secured content from Pragmatic Play for its Betsafe brand. As agreed, the provider rolled out roulette in Spanish language on the operator’s platform, allowing it to engage Spanish-speaking customers with localized live casino content.

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