The PGA Tour, in a conversation with USA TODAY sports, now says it would welcome regulated and legalized sports betting if the U.S. Supreme Court removes the federal prohibition on Nevada-style sports wagering in all other states.
“You have keep in mind that betting is happening right now, with illegal black markets and offshore betting, and we don’t have any exposure to what is happening,” PGA Tour commissioner Jay Monahan said in his first public comments on the issue.
“If it’s legalized and regulated, you get to a point where you can better ensure the integrity of your competitions. You can provide adequate protection for consumers, which doesn’t exist today. There are commercial opportunities for us, which is one of the things we’re here to do, which is to create and maximize playing and financial opportunities for our players,” Monahan said.
Nevada bookmakers report record-breaking handle on the just concluded Masters tournament noting that golf is extremely conducive to all kinds of wagering including bets on individual players, match-ups and numerous proposition wagers. Although some of the increased wagering activity was attributable to the presence of Tiger Woods, bookmakers note that golf betting has been increasing significantly in recent years.
Masters winner Patrick Reed opened at odds ranging from 40/1 to 60 /1 in various betting markets.