DAYTONA BEACH, Fla. (AP) — Brendan Gaughan is the son of a casino magnate and has grasped the allure of hurling a couple of bucks to wager on a sporting event.
Heck, Gaughan afterwards bet on himself in Las Vegas to win the 2004 Daytona 500. Gaughan got a stern talking to from NASCAR back in the day when gambling was possibly the most taboo subject in sports. March Madness brackets, Super Bowl prop bets, they all go overboard with the biggest games as far as the highlights, however wagers about the upstart underdog or 5-1 favorite were stored for Vegas, office pools along with the local bookie working illegally.
But social attitudes — and more to the point, laws — toward gambling have evolved, leading even sports leagues to loosen their stances as a new world of possible partnerships and revenue streams has opened.
Count NASCAR since the sport racing toward the gaming industry.
“The people betting and playing fantasy games in your sport, the more people see,” Gaughan said during Daytona 500 qualifying. “NASCAR has ever understood that. They know that.”
Gaughan is pleased to provide NASCAR fans as well as the betting public the latest inside scoop on the game. He co-hosts both the”Fantasy Racing Preview with Pete Pistone” on SiriusXM and”Gone Racin” on VSiN, a nationwide sports gambling news community.
“When it comes to fantasy sports and gambling on NASCAR races, there’s nothing wrong with it,” Gaughan said.
NASCAR is on board and about the gambling boards of sportsbooks out of Nevada and outside — with legalized gambling in 2019.
“I needed to really go all on gaming a year ago,” NASCAR executive Steve O’Donnell stated.
However, NASCAR took a step back and scanned the gambling landscape before implementing gambling guidelines at the rulebook for this year. One of the new constraints: drivers and staff members are banned from gambling on races or disclosing personal information. They are allowed to participate in fantasy sports relating to the three national touring series, Cup, Xfinity and Truck, but may not accept awards with a value of greater than $250 in any games. The bans are in line with other sports.
NASCAR partnered with Sportradar Integrity Services to create a thorough gaming policy meant to protect the game from cheating scandals.
“We have so many people who are connected to the cars. I think that the integrity is a big piece to it,” O’Donnell said.
But lovers? Get ready for action.
Nevada’s effective monopoly on sports gambling ended last spring, when the Supreme Court ruled the ban ought to be lifted. Casinos in seven other countries — Rhode Island, Delaware, Mississippi, New Jersey, Pennsylvania, West Virginia and New Mexico — now accept wagers on sports. The list is expected to rise by next year with numerous states considering invoices.
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