NCAA prohibits DraftKings & FanDuel of advertising on associated sports events

NCAA

US sports network ESPN, reports that the NCAA the governing body of college sports in the US, has prohibited DraftKings and FanDuel from advertising during its associated events.

ESPN obtained a communication addressed to DraftKings CEO Jason Robins and FanDuel senior executives Christian Genetski (Chief Legal Officer) and Matt King (Chief Financial Officer) requesting the operator to stop TV advertising on NCAA broadcasts.

NCAA governance further asked the operator to notify them of any referees or officials that have participated in DFS competitions.

Noting its authority, the governing body has pointed to long-standing bylaws which state that NCAA events will not accept any form of advertising from sports wagering entities. The NCAA believes the bylaws grant them a right to approve advertising partners.

NCAA broadcaster’s Turner Sports and CBS have been informed of the governing body’s actions. Both media owners have declined to comment.

ESPN further details that NCAA President  had written to the operators in August, requesting for them to cease offering DFS tournaments on NCAA sporting events since they could be in violation of PASPA and UIEGA laws.

Both DraftKings and FanDuel declined to comment on the NCAA’s request.

Check Also

Fox challenges Flutter on FanDuel’s ‘fair market pricing’

Fox Corporation has launched legal proceedings against Flutter Entertainment in relation to the former exercising …

FanDuel: Sports fans want experiences ‘radically different to traditional formats’

Appearing in the debut episode of the SBC Leaders Podcast, a podcast series that gets …

GeoComply secures Blackstone and Atairos as as debut investors

Geolocation and compliance developer GeoComply has secured Blackstone Growth and Atairos as its first minority …