Connect with us

WINNING COMBINATION - SOFTSWISS develops innovative iGaming software products for online casino, sports betting, and beyond. Our products can be delivered as standalone solutions or combined into a single iGaming Platform.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Gambling in the USA

PGA TOUR revises gambling sponsorship regulations

Published

on

PGA Tour to Allow On-site Gambling in 2020
Photo Source: si.com
Reading Time: 2 minutes

 

The PGA TOUR has revised its regulations toward sponsorships with gambling entities, a move that reflects the changing landscape of public acceptance between sports leagues and legalized gambling.

Gambling companies can now be considered for Official Marketing Partners (OMPs) for all six tours overseen by the PGA TOUR, and tournaments and players also can seek sponsored deals with such entities. Players were informed of the policy change during a meeting Tuesday afternoon prior to this week’s The Honda Classic. The change is effective immediately.

While the revision applies to larger casino companies, it does not apply in the U.S. to companies whose primary purpose is sports betting, i.e. pure sportsbooks or bookmakers such as William Hill or Bet365. Those sportsbooks, however can still be considered for potential sponsorships outside the U.S. market.

In May, the Supreme Court struck down the federal prohibition on sports betting, ruling that it violated the 10th Amendment of the U.S. Constitution. Individual states now have the authority to legalize sports gambling within their borders.

The PGA TOUR conducted a comprehensive review of its policies, specifically as they applied to the organization, players, tournaments and other partners. Prior to Tuesday’s revision, the PGA TOUR had prohibited any association with gambling companies.

“As the situation with legalized sports betting in the U.S. has evolved since the Supreme Court’s ruling last May, we’ve seen broader acceptance in sports betting and gaming involvement with pro sports,” PGA TOUR Senior Vice President Andy Levinson said. “We felt it was time to look at our policies, given the public perception around gaming, and to update those policies to be consistent with public sentiment.”

“Sponsorship relationships with casinos and daily fantasy sports companies will generally be permitted,” added David Miller, Vice President and Assistant General Counsel for the PGA TOUR. “Any relationship must promote responsible gaming and be consistent with the TOUR’s integrity efforts.”

The TOUR will continue its Integrity Program that went into effect on Jan. 1, 2018, in order to protect its competitions from outside influences related to gambling. The Integrity Program’s stated mission is to “maintain integrity and prevent and mitigate betting-related corruption in PGA TOUR competitions – ensuring competitions always reflect, and appear to reflect, the best efforts of the players, while protecting the welfare of the players and others involved with the PGA TOUR – through clear policies and regulations, ongoing education and training, and effective and consistent monitoring and enforcement functions.”

The TOUR has engaged Genius Sports, the global leader in sports integrity services, to develop a tailored educational program that will help players, caddies and officials to identify, resist and report incidents of potential betting corruption. Players and support staff, tournament staffers and volunteers, PGA TOUR staff and the PGA TOUR Policy Board all must adhere to the Integrity Program.

“This is something we are focused on first and foremost — that the integrity of our competition is upheld,” Levinson said.

Tuesday’s revision is another aspect of the TOUR’s goal to further engage its fans.

“We want to develop partnerships in the gaming and fantasy industry that drive fan engagement – that provide our fans a deeper way to enjoy golf,” Miller said. “We expect these partnerships will help create new golf gaming products that will enhance the in-venue and at-home fan experience.”

In addition to the revision with gambling companies, the PGA TOUR also is revising its regulations towards spirits brands. Players can now wear the names or logos of distilled spirits companies, and broadcasters can show distilled spirits advertising and in-program exposure during PGA TOUR network telecasts.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Advertisement

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.