The states of Delaware and New Jersey have been making headlines as both are considering legalized sportsbetting.

The NCAA is against mixing sports bets with college athletics and has said that both states could lose the privilege of hosting collegiate championships.

"NCAA policy bars its 88 sports from holding any round or level of a championship in a metropolitan area where sports wagering is legal and offered," said an NCAA spokesperson when broached on the subject.

According to a recent USA Today piece on advertising in college athletics however, it appears as if the NCAA's aversion to sports gambling may not extend to gambling, at least not in the present.

Advertising has become a big part of college athletics as anyone who follows the NCAA sports will attest to and according to the USA Today, college basketball has drawn $591 million in revenue from television and marketing sources this year.

According to the report, "Several schools and conferences allow advertising and promotions by casinos in their arenas or game programs, a practice the NCAA once frowned upon because of gambling's potential threat to the integrity of its sports."

Half of the Pac-10 conference, Washington St., Oregon and Oregon St. and Arizona and Arizona St., accepts casino advertisements that appear in gameday magazines and stadiums according to a spokesperson.

The NCAA has had a number of point-shaving scandals throughout its history and as a result isn't too keen on gambling but thanks to the prevalence of legalized gambling "the line is blurring" says the report.

"We continue to be stridently opposed to any type of sports wagering," NCAA spokesperson Erik Christianson told the USA Today.

"But we have come to understand that there are differing perspectives within the membership about commercial activities, including the appropriateness of accepting casino advertising."

"What some institutions may see as acceptable, others may not," Christianson went on to say.