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Closing Bell

Purdue Bans Faculty, Students From Wagering On School Teams

A ban on sports wagering on Purdue teams "will be in place for students, staff, faculty and contractors in time for Purdue’s football game Oct. 19 against Iowa, after Purdue trustees agreed on a policy." The policy comes with instructions to Purdue legal and compliance staff to "hash out the final guidelines, including how the policy would be enforced, the penalties and what it would mean for betting on March Madness pools and other more casual, social settings." The new policy would put "no additional restrictions on Purdue’s student-athletes." Indiana’s sports betting law already "prohibits those closest to the games and to the athletes from placing bets" (Lafayette JOURNAL & COURIER, 10/10).

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