NASCAR to adapt to sports betting
The racing organisation will add rules to clarify its restrictions on sports betting for competitors.
US.- As sports betting continues to expand in the US through its legalisation in different states, sports organisations begin to tackle its consequences. That’s why NASCAR has announced it will add rules to make clear how the segment will be limited for the competition’s participants.
“I think for ’19 we’ll have some rules that we’ll put in place,” NASCAR president Steve Phelps said and added: “For right now, there’ll be betting here. We’ll study and see how that goes, but I think we’ll have some rules in place for sponsorship, for what betting looks like and continue to see what happens in the landscape overall.”
Mr Phelps explained that he expects the rule changes to involve clear language in order to prevent drivers and team members from gambling and said: “The way the rulebook looks today, I think the teams and the drivers understand what it looks like, and I think we’ll clarify for ’19 with more specific language in it.”
“We’re looking very hard at what the future of sports betting is going to look like for our sport as all sports are,” Phelps said. “From a sponsorship standpoint, I think sponsorship will definitely (bring) betting houses and different opportunities in sports betting. They’ll gravitate to NASCAR as most sponsors do because of the return on the investment they can get because of the visibility that it has.”
