PGA Tour Preparing for Legalized Gambling

[nevets88]

I wish I had something salient to say, unfortunately, I don't bet much nor know much about gambling and its markets. This is incumbent on the SCOTUS ruling so it might all be moot. Dunno how likely SCOTUS is likely to rule in favor, but I bet there are odds on that (rimshot).

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 The PGA Tour will support regulated gambling on its competitions if the Supreme Court overturns a federal ban on betting.

Earlier this season the Tour began an integrity program that players had to complete and has been working with a firm, Genius Sports, to monitor betting on tournaments and players.

 

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Specifically, Levinson said the Tour would want to avoid bets that focus on a negative outcome, such as a player missing a fairway or a green or making a specific score.

https://www.golfchannel.com/article/golf-central-blog/if-feds-allow-gambling-tour-prepared-go-all/

[krupa]

As someone who knows nothing about sports gambling, I thought their statement was a little vague. Are they going to take bets or just "work with" gambling houses by (e.g.) providing a service for them to easily get statistics about players, courses, etc.?  I could see the latter being a very profitable revenue stream which means that pgatour.com can stop asking me to turn off my ad blocker.  

[Patch]

Phil Mickelson won't mind. He likes to gamble. 

I live where I can already bet on golf tournaments.  I just lost a few bucks on the Masters. The PGA made no money of my bet. 

This sounds like something the PGA wants to control themselves. Some states do not allow gambling. If the scotus approves the PGA to take bets at their tournament, it would mean additioal revenue for them. 

My guess is this will be a "little" uphill battle to get approved, but will eventually be approved in the long run. .