Friday, March 18, 2005

More on the Legality of Tournament Pools

Darren Rovell discusses how many executives in the sports business avoid participating in NCAA tournament pools.

    "Anyone involved in sports from the business side needs to be careful about office pools," said Tony Ponturo, vice president of global media and sports marketing for Anheuser-Busch. "In our office, the office pool is a fun thing to do for those who aren't closely attached to the sport. But for those of us who are very close, it could be more of an issue. For someone who is involved as close as I am with the NCAA, I don't do it. You know too much, you are involved too much and you want to stay separated from that."
As I discussed in my first post, the NCAA aims to end all gambling on its games, despite the interest that the pools arguably generate. Thus, those in the sports industry could jeopardize business relationships with the NCAA by participating in such pools.

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