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CBS says they won't mention gambling during NFL game broadcasts this season

CBS Sports President Sean McManus just told me CBS NFL announcers will not mention point spreads, teams covering the spreads, etc, during telecasts this season. — Jimmy Traina (@JimmyTraina) August 28, 2018 That’s pretty much the way things have been for a long while in most game broadcasts, which led to the likes of Brent Musburger using references like “my friends in the desert” as ways to discuss the line or the spread. (Musburger, of course, is now talking gambling daily on the radio in Vegas.) But it sounds like there won’t even be those kinds of nods on the NFL on CBS, and there could be a couple of reasons for that. One is that CBS legitimately believes mentioning the line or spread doesn’t add value for most viewers. The other, and perhaps the more likely one, is that they’re partners with the NFL, and the NFL doesn’t want gambling mentioned on its telecasts.

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Hong Kong stocks tip into bear market as gambling shares crumble

Bear territory was hit with the index now down more than 20% from its closing high in January. It has dropped roughly 15% over just the past three months. The benchmark may stay below 27,000 for a while amid a weak yuan and Hong Kong dollar and because of trade worries, said KGI Securities, also pointing to lingering fears over the trade war. Tencent 0700, +1.54%   was off another 1.7% as a Chinese online-poker game will be shut in two weeks. Gambling stocks were a significant drag on the broader market as Macau casinos operators continued to build on weakness, with Galaxy 0027, +3.44%   down more than 5%. Sands China fell 3.7%. Shares of the two companies have declined by more than 15% so far in September, making them among the biggest decliners in the Hang Seng Index. Insurer AIA 1299, +0.94%   bounced from Monday’s seven-month closing low, up 0.2%. In mainland markets, the Shanghai Composite SHCOMP, -0.13%   was down 0.2% while the smaller-cap Shenzhen Composite 399106, -0.47%   recovered from a mostly negative session to close up 0.1%. Japanese stocks were one of the few standouts in the region, as the Nikkei NIK, +0.84%   gained over 1%, with domestic-demand sectors like pharma, food and cosmetics leading the way.

For the original version including any supplementary images or video, visit https://www.marketwatch.com/story/nikkei-jumps-but-other-asian-markets-remain-sluggish-2018-09-10

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2018-09-18 / Posted in