{"id":80981,"date":"2018-06-17T10:00:00","date_gmt":"2018-06-17T17:00:00","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=80981"},"modified":"2018-06-15T17:54:11","modified_gmt":"2018-06-16T00:54:11","slug":"william-hill-ceo-says-pro-sports-teams-want-sponsorships","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/william-hill-ceo-says-pro-sports-teams-want-sponsorships\/","title":{"rendered":"William Hill CEO Says Pro Sports Teams Want Partnerships With Sportsbook Company"},"content":{"rendered":"

William Hill CEO Joe Asher tells Reuters <\/i>this week that numerous franchises in the “big four” of American professional sports have reached out to the bookmaker seeking sponsorship deals.<\/p>\n

\"William
William Hill says it’s fielding sponsorship inquiries from sports teams interested in partnering with the sports book operator, which commenced operations at Monmouth Park in New Jersey this week. (Image: Patti Sapone\/NJ Advance Media\/Casino.org)<\/figcaption><\/figure>\n

William Hill, the largest sportsbook operator in Nevada, is now up and running in New Jersey at the Monmouth Park Racetrack. It will add a second location in the Garden State when its book at Ocean Resort Casino in Atlantic City opens later this month.<\/p>\n

Asher says he’s been “inundated” with emails and phone calls from interested teams in the NFL, MLB, NBA, and NHL.<\/strong><\/p>\n

“One of the most prominent franchises in the country,” according to Asher, was one such inquiry. The chief executive said that call came prior to the Supreme Court of the United States (SCOTUS) repealing the longstanding federal sports betting ban last month.<\/p>\n

Deal or No Deal<\/b><\/h2>\n

In a 6-3 decision, SCOTUS found the Professional and Amateur Sports Protection Act of 1992 (PASPA) to run afoul of anti-commandeering interpretations of the Tenth Amendment. The majority of justices felt the federal government cannot command 46 states to adhere to rules that four others are exempt.<\/p>\n

When PASPA was signed into law 26 years ago, Nevada, Delaware, Oregon, and Montana were granted specific exclusivities based on sports gaming laws those four states had on the books. But only Nevada had full-fledged sports gambling in 1992.<\/p>\n

\n

With PASPA a thing of the past, states like New Jersey<\/a> that want to authorize and regulate sports betting can do just that. Analysts believe it will increase fan engagement, and subsequently grow various revenues related to the big four.<\/p>\n<\/div>\n

Leagues are looking for a cut, as they claim their games will be at a higher risk of corruption with widespread sports betting. But when it comes to individual teams striking deals with bookmakers like William Hill, MLB says that remains banned, at least for now.<\/p>\n

“We have been informed that club television and radio rights holders are being approached by sports books to place advertising\/enhancements. Pursuant to MLB policy, clubs must inform their rights holders that they are presently not permitted to accept such advertising,” MLB Deputy Commissioner and Chief Legal Advisor Dan Halem said in a memo.<\/p>\n

\n

“Clubs may not at this time enter into any relationship with a pure sports book, or with a casino,” Halem continued. “Commissioner Manfred intends to \u2026 develop appropriate policies in this very complicated area.”<\/strong><\/p>\n<\/blockquote>\n

NFL policy lists “gambling-related advertising” under its “Prohibited Advertising Categories.” However, there are exceptions such as marketing tourism destinations like Las Vegas. Horse racetracks are also exempt.<\/p>\n

Ocean Resort Sportsbook <\/b><\/h2>\n

William Hill and Monmouth Park partnered on a $1 million sportsbook at the racetrack in 2014. It has served as a sports bar since, as the PASPA legal battle played out. This week, the sportsbook finally began taking wagers.<\/p>\n

In Atlantic City, the Borgata was first to open its sportsbook, but others will soon follow. That includes Ocean Resort Casino, the former $2.4 billion Revel.<\/p>\n

William Hill and the Boardwalk property teamed up after PASPA<\/a> was repealed last month. The 7,500-square-foot sportsbook will be positioned in the middle of the casino floor.<\/p>\n","protected":false},"excerpt":{"rendered":"

William Hill CEO Joe Asher tells Reuters this week that numerous franchises in the “big four” of American professional sports have reached out to the bookmaker seeking sponsorship deals. William Hill, the largest sportsbook operator in Nevada, is now up and running in New Jersey at the Monmouth Park Racetrack. It will add a second […]<\/p>\n","protected":false},"author":25,"featured_media":80987,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18,13592,16,1074],"tags":[],"acf":[],"yoast_head":"\nWilliam Hill CEO Says Pro Sports Teams Want Sponsorships<\/title>\n<meta name=\"description\" content=\"The CEO of William Hill claims numerous professional sports franchises in the US have reached out to the company with sponsorship proposals.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"William Hill CEO Says Pro Sports Teams Want Sponsorships\" \/>\n<meta property=\"og:description\" content=\"The CEO of William Hill claims numerous professional sports franchises in the US have reached out to the company with sponsorship proposals.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/william-hill-ceo-says-pro-sports-teams-want-sponsorships\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-17T17:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-06-16T00:54:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/06\/collage-13.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"696\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/william-hill-ceo-says-pro-sports-teams-want-sponsorships\/\",\"url\":\"https:\/\/www.casino.org\/news\/william-hill-ceo-says-pro-sports-teams-want-sponsorships\/\",\"name\":\"William Hill CEO Says Pro Sports Teams Want Sponsorships\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/william-hill-ceo-says-pro-sports-teams-want-sponsorships\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/william-hill-ceo-says-pro-sports-teams-want-sponsorships\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/06\/collage-13.jpg\",\"datePublished\":\"2018-06-17T17:00:00+00:00\",\"dateModified\":\"2018-06-16T00:54:11+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"The CEO of William Hill claims numerous professional sports franchises in the US have reached out to the company with sponsorship proposals.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/william-hill-ceo-says-pro-sports-teams-want-sponsorships\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/william-hill-ceo-says-pro-sports-teams-want-sponsorships\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/william-hill-ceo-says-pro-sports-teams-want-sponsorships\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/06\/collage-13.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/06\/collage-13.jpg\",\"width\":1200,\"height\":696,\"caption\":\"William Hill says its fielding sponsorship inquiries from sports teams interested in partnering with the sports book operator, which commenced operations at Monmouth Park in New Jersey this week. 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