Events around the world have been suspended or postponed indefinitely. World Series of Poker officials have not altered plans for the flagship event.
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The secondary sports betting market website is asking sellers to pay back buyers who purchased NCAA Tournament futures that are now virtually worthless.
The sportsbook is anticipating having to refund all outstanding bets on golf’s first major after it was postponed, based on stipulated rules about the start date.
Sportsbooks were mostly empty for one simple reason: There was hardly anything to bet on after the major sports leagues shut down because of the coronavirus.
Twenty-seven owners, trainers and veterinarians are charged with conspiromg to give illegal performance-enhancing drugs (PEDs) to the horses under their control.
Nevada sportsbooks won $36.5 million on basketball in March 2019 from $498.7 million in bets, with an estimated $349 million from the NCAA Tournament.
California horse racing tracks Santa Anita Park and Golden Gate Fields and Aqueduct in New York will be immediately closed to the public because of coronavirus concerns.
Las Vegas bookmakers expect the decision to ban fans from the NCAA Tournament because of concerns over the coronavirus to have a small impact on the game’s lines.
The casino is monitoring developments with the coronavirus, but its 1,500-seat auditorium will be open for the first weekend of the NCAA Tournament.
World Series of Poker officials are monitoring COVID-19 developments but have made no decisions on altering the event, which starts May 26.