Missouri regulators reject ban on college athlete prop bets
The Missouri Gaming Commission voted Thursday to reject a proposal from the NCAA that would have banned bets placed on individual collegiate athletes.
In a letter to the Missouri Gaming Commission, NCAA President Charlie Baker asked the commission to consider changes to the freshly-adopted sports wagering rules outlined in a constitutional amendment that Missouri voters narrowly approved Missouri Amendment 2 in 2024.
Proposition bets are different from traditional sports wagering that typically involves betting on the outcome of games.
The prop bet request from the NCAA, which the commission recognizes as a governing body, triggered an automatic vote from the three-person board within seven days.
“After we received the letter, we immediately sent out a notice for public comment and or industry comment, which we received both,” Mike Leara, the executive director of the Missouri Gaming Commission, said.
Thursday, the commission held an extraordinary meeting to address the NCAA concerns and subsequent proposal to ban betting on individual college athletes–such as wagering on a particular player’s total amount of rebounds in a basketball game or how many yards a tight end might receive after the end of a college football game.
Despite the letter from the NCAA, no one from that organization or any other individual provided testimony–either written or in person–in support of the proposed rule change. The only objection came from the sports betting industry as well as a resident of Missouri who testified in writing that they opposed the prop bet ban.
The commissioners voted 3-0 to reject the proposed ban but noted they were primarily doing so to give the commission more time to review the issue as well as collect more data so they can make a more educated decision. They said the seven-day window proved to be an insufficient amount of time to make a final ruling.
Leara also said that the industry is required by state law to enact integrity monitoring, which he said is highly effective at catching irregularities. He also said it’s hard for the state to cherry-pick enforcement.
“There have always been, in sports betting, people throwing games,” he said.