Colleges And Universities Are Betting Big On Sports Gambling : 1A : NPR

Colleges And Universities Are Betting Big On Sports Gambling : 1A : NPR

Colleges And Universities Are Betting Big On Sports Gambling : 1A : NPR

Jordan Poole and teammates of the Michigan Wolverines celebrate Poole’s 3-point buzzer beater for a 64-63 win.

Jeff Gross/Getty Images


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Jordan Poole and teammates of the Michigan Wolverines celebrate Poole’s 3-point buzzer beater for a 64-63 win.

Jeff Gross/Getty Images

The NCAA College Basketball tournament kicks off Tuesday. Millions of Americans are expected to watch the games and bet on them.

According to a new survey from the American Gaming Association, 68 million Americans are expected to place over $15 billion in bets on the tournament this year.

As sports gambling becomes increasingly popular on mobile platforms, colleges and universities are getting in on the action through multi-million dollar partnerships that allow companies to advertise on campuses.

Investigations from The New York Times and the PBS Newshour found at least five major colleges (Michigan State, LSU, Maryland, University of Denver, and the University

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Iowa bill pushes to halt ‘woke agenda’ in state universities, eliminate DEI spending, lawmaker says

Iowa bill pushes to halt ‘woke agenda’ in state universities, eliminate DEI spending, lawmaker says

A bill progressing through the Iowa House of Representatives would halt a “woke agenda” in the state’s colleges by banning diversity, equity and inclusion spending, the legislation’s sponsor said. 

“For too long, the DEI bureaucracies at our institutions of higher education have been used to push a woke agenda on the faculty, staff and students,” Iowa state Rep. Taylor Collins told Fox News. “Under the guise of diversity and inclusion, these programs work to indoctrinate students into their preferred political ideology.” 

House File 616, which passed a House committee last week, would prohibit the state’s public universities from spending money on DEI offices or on employees working in positions centered around race, gender identity or sexual orientation. Courses, research, student organizations and guest speakers on those topics, however, would still be allowed.

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“This bill aims to dismantle these DEI programs and ensure this

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Universities, Colleges Are Turning Into Real-Estate Hedge Funds

The most cutting jokes are the ones with a bit of truth behind them. While the increasingly popular quip that “colleges are just real-estate hedge funds with classes attached” may inspire eye rolls, recent moves are making the joke cut deeper. 

In January, the University of California system — one of the largest public-university systems in the world and where I teach — made a $4 billion investment in the Blackstone Real Estate Income Trust fund, one of the world’s largest real-estate funds. The massive investment came just weeks after the fund, known as BREIT, came under fire for limiting how much investors could pull out of it. But these liquidity concerns didn’t scare off UC, which committed to keep its investment with BREIT for at least six years.

And the University of California system isn’t alone in its ambitions — universities across the country have invested in or bought

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