PENN Entertainment faces possible penalties in Massachusetts for a pair of separate sports betting violations.
Among the violations was a comment made by ESPN's Rece Davis on a March 24 episode of “College GameDay.” After ESPN betting analyst Erin Dolan shared NCAA Tournament betting advice, Davis referred to her suggestion as a “risk-free investment.”
The Massachusetts Gaming Commission has rules prohibiting the use of “risk-free” language when describing bets that come with financial risk. Davis quickly clarified his comments on social media, saying he made the comment in jest.
“Sports are unpredictable,” Davis wrote on X. “Wagering is tricky. So let's agree to manage monetary risks appropriately. I'm sure most recognized my comment was tongue-in-cheek.”