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BetMGM Fined $25K By New Jersey For Taking Prohibited College Basketball Bets

New Jersey law prohibits betting on college teams based in the state and any collegiate game played there.

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BetMGM had to fork over a $25,000 fine for illegal betting in New Jersey, according to The Associated Press.

New Jersey law prohibits betting on college teams based in the state and any collegiate game played there. Despite a series of checks in place with its technology partner, Entain PLC, the bets were mistakenly made available.

The sportsbook told the state’s Division of Gaming Enforcement that Entain committed a string of errors that allowed bets to be placed on a 2021 MAAC tournament game between Niagara University and Marist College, and then 10 days later for a Rutgers basketball game. BetMGM took less than $100 on the bets, but the law is the law.

Other states with bans on bets involving in-state college teams include New York, South Dakota, Virginia, and Washington. The AP article says the original ban comes from a desire by lawmakers to maintain integrity in college athletics.

Voters in New Jersey defeated a referendum last year that would have reversed the ban.

Fans of the Saint Peter’s Peacocks, who reside in New Jersey, will have to go to either New York or Pennsylvania to bet on Friday’s game versus Purdue in the NCAA Tournament’s Sweet 16.

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Mike Francesa: Chris Russo Will Be On My Podcast

“When things rev up in the fall, I would definitely have Dog over as a guest and do a whole show with him. I would say you count on that.”

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WFAN legend Mike Francesa is settling into his new podcast opportunity with BetRivers, and has left the door open for a reunion with his longtime colleague and friend Chris “Mad Dog” Russo.

Francesa was responding to questions on his show, with the newest episode out Monday, when he said he would be able to book Russo for an appearance down the road.

“Listen, I’ve gone on Dog’s shows a couple of times. I could definitely get Dog as a guest one time,” Francesa said.

The last time the two shared a stage and microphone was back in March at the BSM Summit. Francesa said he will make sure whenever Russo does come on, it will be at a time that makes the most sense.

“We will do that at an opportune time,” he said. “Maybe right before the football season or maybe late in the baseball season. When things rev up in the fall, I would definitely have Dog over as a guest and do a whole show with him. I would say you count on that.”

Whenever the reunion happens, best believe it will be a must-listen. It will mark the first time the two have been on a podcast together.

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Andy King To Lead Buchwald Agency’s Podcast Division

“The hiring of King is expected to bolster Buchwald Sports, the division of the company that represents athletes, coaches, and broadcasters.”

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Veteran sports programmer Andy King is entering the podcasting world. He has joined the Buchwald Agency. He will help clients develop and sell podcast ideas.

King comes from SiriusXM, where he had been since 2015. He was the director of sports programming and helped create podcasts for the company featuring high profile talent including Let’s Go with Tom Brady and Larry Fitzgerald and Digging Up the Past with Christopher “Mad Dog” Russo.

Prior to joining SiriusXM, Andy King spent 15 years in Miami. Before leaving, he had risen to program director at 560 WQAM.

The Buchwald Agency largely deals with clients from the entertainment world. The hiring of King is expected to bolster Buchwald Sports, the division of the company that represents athletes, coaches, and broadcasters.

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Dave Portnoy Tells Business Insider CEO He Is ‘Piece Of S*** Coward’

“Despite objections from the moderator, Dave Portnoy got out his entire question before his mic was muted.”

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Dave Portnoy is not going to move on from his hate of Business Insider. The Barstool founder joined a Twitter Spaces session on Thursday night where the public had a chance to talk to Business Insider CEO Henry Blodget.

The event was hosted by the New York Times. Blodget was part of a panel discussing issues facing the business community.

“So yeah, I saw that piece of shit Henry Blodget’s on there,” Portnoy said when his mic went live. “My first question’s why would a piece of shit who’s been banned by the SEC from talking about stocks be on there. My second question is hey Henry, you f***ing coward, you know everything you wrote about me was bullshit. Why don’t you ever sit down with me you f***ing piece of shit coward. That’s my question.”

Despite objections from the moderator, Dave Portnoy got out his entire question before his mic was muted. No answer came. The moderator apologized to Blodget and ended the event.

The accusations of Blodget being banned by the SEC from discussing financial advice are true. Portnoy was referncing fraud charges that Blodget settled in 2003 when he was a Wall Street analyst.

Business Insider has ran a salacious piece about Portnoy’s sex life in November. It included accusations of misconduct from three women that claimed consensual sexual encounters with Portnoy took a dark turn without their consent.

Dave Portnoy has maintained the story is not true. He has also threatened to sue Blodget, Business Insider and the story’s author Julia Black.

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