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The Texas Attorney General's office has notified the Big 12 of potential legal action from Texas Tech. This follows a court order allowing quarterback Brendan Sorsby to regain NCAA eligibility despite gambling on sports. The Big 12's executive board met Thursday to discuss options after a Texas court issued a temporary injunction Monday that prevents the NCAA from enforcing its ban on Sorsby. He had been ruled ineligible after betting on his own team while at Indiana. Big 12 Commissioner Brett Yormark says the board will meet Monday to decide on a course of action.

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Texas Tech's sports leadership is defending its plans to play quarterback Brendan Sorsby next season while he treats his gambling addiction. Coach Joey McGuire, speaking Wednesday, acknowledges criticism, including from the NCAA president. McGuire says society accepts other issues but unites against gambling. Athletic director Kirby Hocutt states their role is to support Sorsby's recovery, not manipulate eligibility. A court order suspended Sorsby for the first two games, but the NCAA plans to appeal the overall decision.

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Brendan Sorsby has been granted a temporary injunction against the NCAA. The ruling could clear the way for him to play for Texas Tech this fall, even after the transfer quarterback was declared ineligible for wagering on college sports. Some of those bets were made on his own team while at Indiana. The ruling prevents the NCAA from being able to block Sorsby’s eligibility for what will be his final college season. The NCAA late Monday filed its notice of an accelerated appeal to the Court of Appeals for the Seventh District of Texas in Amarillo.

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Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas’ Golden Nugget and chains like Rainforest Cafe and Morton’s. Caesars became an iconic name after the opening of Caesar’s Palace on the Las Vegas Strip in 1966. However, its roots date back to the 1930s in Reno, Nevada. Fertitta Entertainment will pay $5.7 billion and take on close to $12 billion in debt from Caesars, putting the total value of the deal at about $17.6 billion. Shares of Caesars Entertainment, which are up 15% since merger rumors emerged, rose almost 2% before the opening bell Thursday. Tilman Fertitta is a billionaire hospitality mogul who owns Fertitta Entertainment. He is also the largest shareholder in Wynn Resorts as well as DraftKings.

Some sports wagering platforms, as well as popular prediction markets Kalshi and Polymarket, are touting their availability to users starting at 18 despite most U.S. states restricting gambling to 21 and older. The companies often use memes to advertise their platforms, then keep users hooked with what they market as low-stakes, casual opportunities to make an easy buck. That creates an environment that some say feels more like a game and less like a risky financial transaction. Young adulthood is a crucial period for companies to cultivate long-term users, but experts note that it’s also a critical moment for cognitive development. Kalshi says memes are “just a part of corporate branding nowadays” and their usage isn’t necessarily related to age.