The universities of Connecticut and Kentucky, whose men’s basketball teams face off tonight for the national championship, are joining public colleges across the U.S. seizing on the municipal market’s best start since 2009.
It took less than two full days of play for Warren Buffett to win his bet that no entrant in a Quicken Loans Inc. contest would predict the winner of each game in the three-week-long National Collegiate Athletic Association men’s basketball tournament.
The men’s national college basketball tournament that begins in earnest today with 16 contests gives casual sports fans a chance to inexpensively invest in the outcome of games, creating a potential four-day feeding frenzy for professional gamblers.
President Barack Obama urged basketball fans to take a break from filling out brackets predicting college basketball tournament winners to visit the U.S. Agency for International Development’s website and consider making a donation “to help the people who have been devastated in Japan.”
The University of Louisville’s college basketball championship win drew an audience of 23.4 million last night, capping a “March Madness” series that averaged the most viewers in 19 years, according to CBS Corp.
Bloomberg's Betty Liu reports that President Barack Obama will provide a seasonal U.S. treat for British Prime Minister David Cameron’s official visit: March Madness. Obama and Cameron will attend a first-round game of the NCAA Division I men’s basketball tournament at the University of Dayton. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)