PGA Tour calls daily fantasy 'unbecoming of a professional,' bans its players from playing or accepting endorsements
Getty Images
In the memo, obtained by Golf.com, the PGA Tour calls playing daily fantasy sports "conduct unbecoming a professional."
The biggest concern appears to be that daily fantasy is now banned in some states.
"Fantasy gaming websites that pay out money in exchange for an entry fee, as well as other wagering websites and apps, are considered illegal in many states," the memo reads. "Therefore, the PGA Tour will regard any player participation in these games as conduct unbecoming of a professional."
Several states have banned daily fantasy sports, with the most notable being Nevada and New York.
While players will be banned from promoting the industry or wearing daily fantasy logos while playing, Madden confirmed with the PGA Tour that event sponsorships will be allowed. For example, DraftKings is "Official Daily Fantasy Sports Partner" of the Quicken Loans National and the Deutsche Bank Championship.
The PGA Tour considers this type of partnership to be a hospitality sponsorship. In this type of relationship, the sponsor is not allowed to have signs on the course.
- Sebi comes out with stringent rules to tackle misconduct, corrupt practices by employees
- Bharat Forge Q4 profit rises 77% at ₹227.12 crore
- 16% YoY surge in rents across 13 major Indian cities, Greater Noida, Gurugram lead: Magicbricks Report
- India's steel demand boom to continue, set to grow at 10% over next few years: Steel Secretary
- 10 superfoods for balancing blood sugar levels
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market