Will Wall Street gamble on DraftKings? Sports betting giant plans to go public, close two mergers

Sports betting giant DraftKings plans to merge with two other firms and go public, the Boston-based company announced Monday. DraftKings said it will complete its merger with gambling tech firm SBTech and acquisition company Diamond Eagle …

Sports betting giant DraftKings plans to merge with two other firms and go public, the Boston-based company announced Monday.

DraftKings said it will complete its merger with gambling tech firm SBTech and acquisition company Diamond Eagle Acquisition sometime in the first half of 2020.

DraftKings said the combined company will be valued at $3.3 billion, and it will have $500 million on hand once the deal is complete.

The new company will retain the DraftKings moniker and company co-founder and CEO Jason Robins will continue to lead it, along with a management team that includes co-founders Paul Liberman and Matt Kalish.

DraftKings said it will also reincorporate in Nevada but remain physically headquartered in Boston, where it’s one of the city’s largest tech companies, with roughly 600 workers in its recently opened headquarters in the Back Bay neighborhood of Boston.

The three companies are merging through a special purpose acquisition, a method of taking a company public that differs from the more familiar initial public offering, or IPO, process, DraftKings said.

The new company will effectively assume Diamond Eagle’s publicly-traded status, though under a new stock ticker symbol.

It will also receive a $400 million infusion from the Los Angeles-based company, which was founded earlier this year by Jeff Sagansky, a former president of CBS Entertainment, and Harry Sloan, a former chairman and CEO of MGM, in order to invest in media and digital entertainment ventures.

SBTech’s management team, meanwhile, will be integrated into the new company, but the details of that won’t be made public until next year, according to DraftKings.

The company has offices on the Isle of Man, in London and elsewhere in Europe, and provides sports betting software and programs to gambling operations globally. It was founded in 2007.

DraftKings was founded in Boston in 2012 as a purveyor of daily fantasy sports contests, which are are online games that challenge players to build rosters of actual athletes in order to vie for cash and other prizes based on how those athletes do in games.

The company has since expanded into online and retail sports books operations in the handful of states that have legalized sports betting, including Indiana, New Jersey, Pennsylvania, West Virginia, Iowa, Mississippi, New Jersey and New York.

DraftKings had previously attempted to merge with its chief rival, FanDuel.

But the two companies scrapped the plans in 2017 after the Federal Trade Commission and the attorneys general of California and the District of Columbia sued to block it over antitrust concerns.

New York-based FanDuel completed a merger with Dublin-based gaming giant Paddy Power Betfair last year instead.

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Tennessee Titans at Oakland Raiders odds, lines, picks and best bets

The Tennessee Titans (7-5) try to keep up in the AFC playoff race in Week 14 as they hit the road to take on the Oakland Raiders (6-6). The two teams will play at 4:25 p.m. ET at RingCentral Coliseum. Titans at Raiders: Week 14 preview, betting …

The Tennessee Titans (7-5) try to keep up in the AFC playoff race in Week 14 as they hit the road to take on the Oakland Raiders (6-6). The two teams will play at 4:25 p.m. ET at RingCentral Coliseum.

Titans at Raiders: Week 14 preview, betting trends and notes


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  • Tennessee has won three straight games and five of six.
  • Oakland has lost two in a row.
  • Titans QB Ryan Tannehill is 5-1 since taking over as the starter. He has completed 72.7% of his passes for 1,602 yards, 12 touchdowns and only four interceptions. He also has three rushing touchdowns.
  • Oakland has allowed 74 points in its back-to-back losses while scoring only 12.
  • Titans RB Derrick Henry has 496 rushing yards in his last three games.

Titans at Raiders: Key injuries

Titans WR Adam Humphries (ankle) might not play. Henry (hamstring) has missed practice time but returned on a limited basis Thursday.

Raiders WR Hunter Renfrow (ribs) is not expected to play. Starting OL Trent Brown (pectoral) and OL Gabe Jackson (knee) might miss the game. RB Josh Jacobs (shoulder) missed the first two days of practice.

Titans at Raiders: Odds, betting lines and prediction

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Friday at 2 p.m. ET.

Prediction

Titans 31, Raiders 17

Moneyline ( ?)

The Raiders (+120) are in a freefall while the Titans (-143) are playing their best ball of the season and making a run at the playoffs. Take the TITANS (-143) even though a $10 bet on the road team would net a $6.99 profit.

Against the Spread ( ?)

The Titans are favored at -2.5 (-121). The Raiders have failed to cover the spread in their last three games, while the Titans have covered three games in a row. Potentially without Jacobs, Oakland will struggle offensively. Give the points and take the TITANS-2.5 (-121).

Over/Under ( ?)

The total is set at 46.5 points. Titans games have hit the over six straight times. But Oakland has hit the under in three straight games. This will be close but Tennessee’s offense combined with the points the Raiders are giving up will get the total there. Take the OVER 46.5 (-110).

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Pittsburgh Steelers at Arizona Cardinals odds, lines, picks and best bets

The Arizona Cardinals (3-8-1) play their second of three straight games at home in December. They face the Pittsburgh Steelers (7-5). The game kicks off Sunday at 4:25 p.m. at State Farm Stadium. We analyze the Steelers-Cardinals odds and lines, …

The Arizona Cardinals (3-8-1) play their second of three straight games at home in December. They face the Pittsburgh Steelers (7-5). The game kicks off Sunday at 4:25 p.m. at State Farm Stadium. We analyze the Steelers-Cardinals odds and lines, with Week 14 betting picks and tips for this matchup.

Steelers at Cardinals: Week 14 preview, betting trends and notes


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  • The Cardinals have lost five straight games and are coming off their worst loss of the season, in a 34-7 debacle at home against the Los Angeles Rams.
  • The Steelers have battled back to 7-5 on the season after starting 0-3 and have done so without QB Ben Roethlisberger who is out for the season.
  • The Cardinals have the league’s worst pass defense and have given up over 300 passing yards in five straight games and in six of seven.
  • The Steelers have allowed fewer than 200 net passing yards in seven of their last nine games.
  • Cardinals rookie QB Kyler Murray has turned the ball over only six times all season (all interceptions).

Steelers at Cardinals: Key injuries

Steelers RB James Conner (shoulder) will not play. WR JuJu Smith-Schuster (knee) is unlikely to play.

Steelers at: Odds, betting lines and prediction

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Friday at 1:45 p.m. ET.

Prediction

Steelers 27, Cardinals 26.

Moneyline ( ?)

The Steelers have won four of their last five, while the Cardinals are on a five-game losing streak. The Cardinals give good value at +125 but the smart money is to go with the STEELERS ( -133), as they have been winning and are in the middle of the playoff race. A $10 bet on Pittsburgh will earn $7.50 in profit.

Against the Spread ( ?)

The Steelers are favored 2.5 points on the road (-110). The Cardinals are 7-4-1 ATS and have not lost against the spread in consecutive weeks since Weeks 3 and 4. After an embarrassing performance, they will bounce back. Take the CARDINALS (+2.5, -110).

Over/Under ( ?)

The total is set at 43.5 points. The Cardinals have allowed at least 28 points in five straight games and in six of seven. They have scored at least 25 in six of their last eight games. Take the OVER (-106).

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Baylor vs. Oklahoma odds, lines, picks and best bets

The Big 12 title is up for grabs and perhaps a College Football Playoff berth, as well. The Baylor Bears (11-1) take on the Oklahoma Sooners (11-1) Saturday in the conference championship. The game kicks off at 12 p.m. ET at AT&T Stadium in …

The Big 12 title is up for grabs and perhaps a College Football Playoff berth, as well. The Baylor Bears (11-1) take on the Oklahoma Sooners (11-1) Saturday in the conference championship. The game kicks off at 12 p.m. ET at AT&T Stadium in Arlington, Texas. We analyze the Baylor-Oklahoma odds and betting lines, while providing college football betting tips and advice on this matchup.

Baylor vs. Oklahoma: Three things you need to know

1. Baylor and Oklahoma already played once this season and put on a show. Oklahoma won 34-31 in the only loss Baylor took this season.

2. Oklahoma QB Jalen Hurts has had a monster season. He has 3,347 passing yards with 31 touchdown passes and only six interceptions. He has also rushed for 1,242 yards and 19 touchdowns.

3. These are the top-scoring teams in the conference but Oklahoma outscores Baylor by eight points per game. Baylor has the top defense in the conference, giving up only 18.4 points per game.


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Baylor vs. Oklahoma: Odds, betting lines and picks

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Friday at 12:20 p.m. ET.

Prediction

Oklahoma 37, Baylor 31

Moneyline (ML)

You can win big with Baylor (+260) as you could win almost triple your bet if they pulled off the upset. Oklahoma (-334) is the smarter bet but won’t net you much of a return. AVOID.

New to sports betting? A $10 wager on Oklahoma only returns a profit of $2.99.

Against the Spread (ATS)

Oklahoma is favored big at -8.5 (-121). These two teams are evenly matched statistically and played a very close game the first time they met this season. This game should be hotly contested.

In terms of trends, Baylor covered the spread in eight of their 12 games this season. Oklahoma failed to cover seven times.

Take the points and go with BAYLOR (+8.5, +100).

Over/Under (O/U)

The total is set at 64.5 points. Oklahoma’s games have hit the Under seven times. Baylor’s games were split 6-6 against the projected totals.

When these two teams met last month, they went Under the 68.5 with a combined 65 points. Expect a similar score. But with the total set four points lower than the last game, take the OVER (-110).

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Gannett may earn revenue from audience referrals to betting services. Newsrooms are independent of this relationship and there is no influence on news coverage.

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Virginia at Clemson odds, lines, picks and best bets

The Clemson Tigers (12-0) are trying to remain unbeaten this weekend, as they take on the Virginia Cavaliers (9-3) in the ACC Championship game. It’ll be held at Bank of America Stadium and will kick off at 7:30 p.m. ET Saturday. We analyze the …

The Clemson Tigers (12-0) are trying to remain unbeaten this weekend, as they take on the Virginia Cavaliers (9-3) in the ACC Championship game. It’ll be held at Bank of America Stadium and will kick off at 7:30 p.m. ET Saturday. We analyze the Virginia-Clemson odds and betting lines, while providing college football betting tips and advice on this matchup.

Virginia at Clemson: Three things you need to know

1. Virginia’s offense is ranked only 34th in the country in scoring, but it’s seventh in time of possession. That could be a factor in this one as the Cavaliers try to keep the Clemson offense off the field.

2. Clemson is 6-4 in its last 10 games against Virginia, averaging 26.9 points per game to the Cavaliers’ 18.3. The Tigers are 6-4 against the spread in those 10 games, too.

3. Clemson’s narrowest margin of victory this season was by one point over North Carolina. Otherwise, it won every other game by at least two touchdowns.


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Virginia at Clemson: Odds, betting lines and picks

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Friday at 11:45 a.m. ET.

Prediction

Clemson 45, Virginia 20

Moneyline (ML)

The Tigers are clear favorites in this one and as a result, the moneyline (-3334) isn’t very appetizing for bettors considering Clemson. There’s little upside to taking them, given how much you’ll have to bet just to make any significant profit.

Pass on the moneyline here and instead consider wagering on the spread.

New to sports betting? A $10 wager on Clemson to win returns a profit of $0.30.

Against the Spread (ATS)

Clemson is used to being a big favorite, so the 28.5-point spread is nothing new. The Tigers have been good at covering the spread this season, too, going 9-3 ATS. They’re 5-1 ATS in their last six games on a neutral site as a favorite.

This is too large of a margin to take the Tigers, though. Virginia will keep it within four touchdowns and cover the spread. Bet VIRGINIA (+28.5, -110) to cover.

Over/Under (O/U)

The projected point total of 54.5 should be surpassed fairly easily. Virginia’s defense is nothing to write home about, and Clemson boasts the fourth-best offense in the country. The total has gone Over in four of Virginia’s last five games against ACC opponents.

Bet the OVER 54.5 (-149).

Get some action on this game or others, place a bet with BetMGM today. And for more sports betting picks and tips, visit SportsbookWire.com.

Follow @camdasilva and @SportsbookWire on Twitter.

Gannett may earn revenue from audience referrals to betting services. Newsrooms are independent of this relationship and there is no influence on news coverage.

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Cardinals’ Josh Shaw bet against own team and lost, per report

The strange saga of Arizona Cardinals safety Josh Shaw has taken another interesting turn. The safety, who was suspended Friday through at least the 2020 season for gambling on NFL games, bet against his own team, according to an ESPN report. From …

The strange saga of Arizona Cardinals safety Josh Shaw has taken another interesting turn.

The safety, who was suspended Friday through at least the 2020 season for gambling on NFL games, bet against his own team, according to an ESPN report.

From the ESPN report: "A three-team parlay that included an Arizona Cardinals game led the NFL in part to suspend Cardinals defensive back Josh Shaw for violating the league's gambling policy, multiple sources told ESPN. Shaw, who has been on injured reserve in August and has not played since signing with the Cardinals last March, made the parlay bet on Sunday, Nov. 10 at a Caesars sportsbook in Las Vegas, according to the sources. The bet was on the second halves of three Week 10 games, the sources said, and included the Tampa Bay Buccaneers, who were leading the Cardinals 17-13 at halftime. The Buccaneers were 1-point favorites for the second half. They failed to cover the second-half spread but went on to defeat the Cardinals 30-27. Shaw's bet lost, according to the sources."

Shaw, a fifth-year player out of USC, has been on injured reserve since Aug. 25 because of a shoulder injury. He signed a one-year contract with the Cardinals in March, and will become a free agent following the season.

An NFL investigation uncovered that no evidence indicating any inside information was used or that any game was compromised, according to a statement released by the NFL announcing his suspension, adding there was no evidence "suggesting any awareness by teammates, coaches or other players of his betting activity."

"The continued success of the NFL depends directly on each of us doing everything necessary to safeguard the integrity of the game and the reputations of all who participate in the league," Commissioner Roger Goodell said in the statement. "At the core of this responsibility is the longstanding principle that betting on NFL games, or on any element of a game, puts at risk the integrity of the game, damages public confidence in the NFL, and is forbidden under all circumstances.

"If you work in the NFL in any capacity, you may not bet on NFL football." 

Shaw can petition for reinstatement on or after Feb. 15, 2021. 

According to Ian Rapoport of NFL Network, Shaw went to a casino in Las Vegas this fall and "placed sports bets for the (first) time based on misinterpreted understanding of the Supreme Court ruling."

He flew to New York immediately upon notice of his suspension to meet with the league, and he has cooperated fully. "He considers it an innocent mistake with a severe outcome," Rapoport tweeted. 

The suspension is also notable for its rareness.

The last time an NFL player was suspended for betting was Baltimore Colts quarterback Art Schlichter in 1983, according to the Associated Press. He was reinstated the following year.

The most recent disciplinary action was in 1996, when Ravens backup quarterback Jon Stark was placed on leave with pay while the league investigated, according to the Associated Press.

This is also not Shaw's first suspension, although the previous instance came in college.

During his senior season at USC, Shaw was suspended after lying about how he injured his ankles.

Shaw had originally told school he got hurt jumping from a balcony into a pool to save a drowning child.

Later, it was revealed that he had jumped from a balcony to avoid police, who had been called to investigate an argument between Shaw and his girlfriend. He did not face domestic-violence charges. 

In 2015, the Bengals selected Shaw in the fourth round with the 120th pick of the draft. 

 

And the meek Bengals, Dolphins, Redskins shall win

And the meek shall inherit the NFL fields. At least in Week 13, that is. It’s unlikely that anyone in Las Vegas or wherever sports betting is allowed these days put money on a parlay of the Bengals, Redskins and Dolphins winning Sunday. They were a …

And the meek shall inherit the NFL fields.

At least in Week 13, that is.

It’s unlikely that anyone in Las Vegas or wherever sports betting is allowed these days put money on a parlay of the Bengals, Redskins and Dolphins winning Sunday. They were a combined 4-29 heading into the weekend and appeared like the only contenders for the top spot in next April’s draft.

Now, with their eight-game skid, the Giants might wind up with the inside track to starting off the draft, particularly if the Bengals again perform anything like they did in dismantling the, well, bungling Jets 22-6. Of all the tail enders in action Sunday, the Giants were the only also-ran to get run over, by Green Bay at a snowy Meadowlands.

Cincinnati had lost 13 in a row dating to last season, 11 of those in 2019 under new coach Zac Taylor. It was the flat, unprepared Jets — coming off a huge upset of Oakland no less — who looked like the team searching for its first victory, though.

Of course, the Jets also handed a winless Miami its first victory this season, becoming the first franchise to lose to opponents with at least an 0-7 record twice in the same year.

With Andy Dalton reinserted at quarterback after a failed experiment with rookie Ryan Finley, it was all Cincinnati.

“How do I feel? I can’t even describe it. … It’s emotional,” Taylor said. “You go through it with all of these guys, and to finally get it, it feels really good. … Now the pressure is off of you a little bit.”

That was a classic example of a desperate team taking advantage of an opponent that never seemed to have its game face on.

That was not so much the case in Miami; the Dolphins have been competitive for a month and now have won three of five. That they fell behind by 14 points to the supposedly playoff-contending Eagles, then stormed back in a tribute to their resolve. The sort of resolve few teams “tanking” the season for a high draft selection possess.

Sure, they needed a trick play in which holder Matt Haack threw an underhand 1-yard pass to place-kicker Jason Sanders on a fake field goal, sort of. But the Dolphins never were intimidated, something bottom-level teams usually are when they fall into big holes.

And they got win No. 3 in great part because of that.

“This team knows how to deal with adversity,” said rookie coach Brian Flores. “We’re just going to keep swinging.”

They might have knocked out the Eagles. Philadelphia (5-7) has lost three in a row and will likely rue this fiasco if it falls short of equally mediocre Dallas in the NFC East.

That division also houses Washington, which has won two in a row to get to 3-9. When Jay Gruden was fired in October after five losses to begin the season, the Redskins had no fire, no true starting quarterback and, seemingly, no plan.

They’re hardly ablaze now, but there’s a bit of progress in DC, which has to be encouraging for Redskins fans who haven’t felt much of that since Joe Gibbs’ days. Gibbs’ first go-around days.

Interim coach Bill Callahan probably won’t be considered for the full-time gig as owner Daniel Snyder searches for a bigger name. Still, Callahan has instilled something with this team that could work as a foundation for future success.

“I think that we’ve got good veteran leadership and I think with any team anyone can lead it,” Callahan said. “The way you come in the building, how you prepare, how you practice, how you support each other. I’ve mentioned that many times to the team. It’s not one guy, it’s not one player with a C on his chest, anyone can lead, and that’s the beauty of leadership.”

There’s not much beauty to behold with the Bengals, Dolphins or Redskins. Any of the three is capable of dropping its final four games and securing that top draft spot.

However, for one given Sunday, Cincinnati, Miami and Washington gave it to opponents. Who would have called that?

___

AP Sports Writer Joe Kay contributed.

___

More AP NFL: https://apnews.com/NFL and https://twitter.com/AP_NFL

Mike Norvell gets No. 18 to American Athletic title game by staying true to gambling nature

The biggest play of the most important game of this historic Memphis football season was about Mike Norvell staying true to Mike Norvell. Because after he went for it when he could have padded the lead and failed, he went for it again. He dialed up …

The biggest play of the most important game of this historic Memphis football season was about Mike Norvell staying true to Mike Norvell.

Because after he went for it when he could have padded the lead and failed, he went for it again. He dialed up a trick play that was equal parts aggressive and successful. That was everything Norvell has proven to be during his four years as the Memphis head coach.

Tailback Patrick Taylor took the hand-off from quarterback Brady White, then Taylor flipped the ball to wide receiver Kedarian Jones, who then tossed the ball back to White.

Streaking down the field was wide receiver Damonte Coxie, who out-leaped a Cincinnati defender for a 46-yard touchdown catch early in the fourth quarter that pushed the Tigers' lead back to double digits.

Never mind the stakes of the situation. Never mind what conventional wisdom would have suggested. 

This was the defining blow in the Tigers' 34-24 win over Cincinnati on Friday at Liberty Bowl Memorial Stadium, even though this roller coaster of a game was far from over.

There was still a Memphis fumble recovery overturned by replay, a 51-yard third-and-15 conversion by Cincinnati the very next play, and a touchdown to draw the Bearcats within a field goal again. There was still an interception by White and another defensive stand by a Memphis defense that was gouged at times in the first half. 

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But all of it happened because of that one play, because Norvell stayed aggressive when other coaches might not have.

It's why Memphis is now in the midst of the first 11-win season in program history. It's why the Tigers will play in their third-straight American Athletic Conference championship game and they'll get to host it next Saturday at the Liberty Bowl against this very same Cincinnati team.

It's why, ultimately, this program is just one more win away from playing in the biggest bowl game this city has ever seen. 

But that bowl game, that one last win, it won't validate Norvell. That's already done. Friday was just more confirmation.

All you had to do was listen to the thunderous "Let's go Tigers" chant that broke out with less than four minutes to go, right before Antonio Gibson iced this game with one last touchdown run.

So as Memphis went through a muted postgame celebration, it seemed like ages ago these two teams traded questionable coaching decisions in the third quarter with the Tigers nursing a 20-17 lead.

First, Norvell called timeout facing third-and-1 from the Cincinnati 15-yard-line, watched tailback Patrick Taylor Jr. lose a yard and elected to go for it on fourth-and-2 instead of settling for a short field goal. 

White's bootleg pass was incomplete and momentum was firmly with Cincinnati all of a sudden.

But Cincinnati coach Luke Fickell, facing fourth-and-1 from the Memphis 17-yard line, responded to Norvell's aggressiveness by leaving his offense on the field rather than attempt a game-tying field goal. The Memphis defense responded, stuffing Cincinnati during a second half that was dominating as the first half was worrisome. 

Another Memphis rout seemed in the offing when this regular-season finale began. Defensive back Chris Claybrooks took the opening kickoff 94 yards to the house, and Memphis made the AAC’s best defense look like every other defense it has faced in recent weeks and quickly built a 17-3 lead.

But Cincinnati proved to be up to the challenge, which should not have been, in retrospect, much of a surprise considering the Bearcats had just one loss — to Ohio State — coming into this game. There’s a reason Fickell and Norvell are both always listed on those coaching hot boards whenever a Power Five conference job opens up. 

So there was Cincinnati during a second quarter in which it methodically took apart the Tigers’ defense and got back into the game. Bearcats redshirt freshman Ben Bryant, making his first career start, completed 11 of 12 passes, dissecting the Memphis secondary during two touchdowns that took a combined 26 plays, gained a combined 165 yards and ate up 11:30 of game clock before halftime. 

By halftime, a very clear message had been sent. Getting back to the AAC championship game was not going to be easy.

Two teams playing in back-to-back weeks with a league title hanging in the balance has happened three times before, including each of the past two seasons.

In 2012, Stanford beat UCLA by 18 in their regular-season finale but needed a fourth-quarter comeback to win the Pac-12 championship game. 

In 2017, Boise State and Fresno State played twice in a row. Fresno State won the regular-season finale and Boise State came back the next week and won the Mountain West Conference championship game.

Last year, meanwhile, Middle Tennessee State and UAB went through this and it's the only time both games were played in the same location (Murfreesboro). In this instance, MTSU won the regular-season finale and UAB turned around and won the Conference USA championship game. 

Which is all just to point out that Friday's seesaw affair might not be an indication of what's to come next Saturday. 

But Norvell will still be Norvell, so you have to like the Tigers' chances. 

 

 

NFL suspends Cardinals cornerback Josh Shaw through 2020 season for betting on games

The National Football League announced it is suspending Arizona Cardinals cornerback Josh Shaw through at least the entirety of the 2020 season for betting on NFL games. The league said it uncovered that Shaw bet on NFL games “on multiple occasions …

The National Football League announced it is suspending Arizona Cardinals cornerback Josh Shaw through at least the entirety of the 2020 season for betting on NFL games.

The league said it uncovered that Shaw bet on NFL games “on multiple occasions this season,” but investigation found no evidence indicating that Shaw used any insider information, or that any game was compromised in any way.

The league also said it couldn’t find evidence that indicated that Shaw’s teammates, coaches, or any other players were aware of his betting activity.

"The continued success of the NFL depends directly on each of us doing everything necessary to safeguard the integrity of the game and the reputations of all who participate in the league,” NFL commissioner Roger Goodell said Friday in a statement.

“At the core of this responsibility is the longstanding principle that betting on NFL games, or on any element of a game, puts at risk the integrity of the game, damages public confidence in the NFL, and is forbidden under all circumstances."

The Cardinals had signed Shaw in March, but he landed on injured reserve after suffering a shoulder injury in the preseason opener against the Los Angeles Chargers on August 8.

The NFL said Shaw may petition for reinstatement to the league on or after Feb. 15, 2021. He may appeal the suspension within three days from Friday, according to the collective bargaining agreement jointly agreed to by the NFL and NFL Players Association.

This isn’t the first time Shaw has come under scrutiny. In August 2014, while he was a member of USC’s football program and shortly after he had been named a captain as a senior, Shaw admitted to lying about a story in which he had said he injured his ankles while jumping into a pool to save his drowning nephew. He later revealed that got hurt when he jumped from a balcony in Los Angeles.

A 2015 fourth-round selection for the Cincinnati Bengals, Shaw, 27, has appeared in 55 games with the Bengals, Chiefs and Buccaneers.

 

 

Cardinals’ Josh Shaw suspended for betting on NFL games

NEW YORK (AP) – Arizona Cardinals cornerback Josh Shaw has been suspended indefinitely for betting on NFL games on multiple occasions this season, the first time in more than 35 years a player has been banned for gambling. The league announced the …

NEW YORK (AP) — Arizona Cardinals cornerback Josh Shaw has been suspended indefinitely for betting on NFL games on multiple occasions this season, the first time in more than 35 years a player has been banned for gambling.

The league announced the suspension on Friday. Shaw was banned for at least the rest of the season.

According to the NFL, a league investigation found no information that Shaw used inside information or compromised any games. Shaw has not played this season.

The league also says it found no evidence that teammates, coaches or other players were aware of Shaw betting on games.

Shaw may petition for reinstatement on or after Feb. 21.

Suspensions of NFL players for betting are rare. The highest-profile case was in 1963 when Paul Hornung of the Green Bay Packers and Alex Karras of the Detroit Lions were banned for the entire season. Both were reinstated the following season and Hornung went on to make the Hall of Fame.

In the most recent case, Baltimore Colts quarterback Art Schlichter was suspended in 1983 for betting on NFL games and other sporting events. He, too, was reinstated the following year.

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