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Old 05-24-2024, 07:32 PM   #7
Chevy55
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Default Re: Nhra enters gambling world

Welcome to Pandora's Box!

SECTION 1: ADMINISTRATIVE PROCEDURES AND APPEALS, 1.3.1.2
GAMBLING POLICY (Page 4) (05/22/2024)
National Hot Rod Association (NHRA) is committed to maintaining the integrity of
its brand, racers, teams, and other stakeholders in drag racing. Gambling
involving the NHRA presents integrity risks and can undermine the confidence
and trust fans and the public have in NHRA and drag racing. This policy is
intended to mitigate those risks and to safeguard our sport against potential
threats from legal and illegal gambling.
1. WHO DOES THIS POLICY APPLY TO? This policy applies to all (a)
NHRA employees, officers, and directors, (b) “participants” and “owner
groups” as those terms are defined in the NHRA Rulebook, and (c)
holders of certain credentials and passes, as determined by NHRA.
“Participants” include team owners, drivers, crewpersons, and any person
or entity that has any ownership interest in a race team, vehicle, or
otherwise. For purposes of this policy, the persons described in (a), (b),
and (c) are hereafter collectively referred to as “Covered Stakeholders.”
NHRA reserves the right to pursue legal or disciplinary action under this
policy based on gambling conduct against any person or entity, even if
such person or entity is not defined above as a “Covered Stakeholder.”
2. WHAT CONSTITUTES “GAMBLING”? For purposes of this policy,
“gambling” means the wagering of money or other things of value, on an
event with an uncertain outcome with the intent of winning additional
money or thing of value. Among other things, gambling includes:
a. commercial gambling (whether for profit, charity, or anything else)
that involves third parties (e.g., bookies, casinos, dealers, “the
house”);
b. wagering on sporting events or other athletic competitions, including
placing wagers online, at sportsbooks, and similar establishments;
c. private wagers between family, friends, and others; and
d. wagers made in person, remotely (via telephone or the internet), or
through a third-party “surrogate.”
3. PROHIBITED GAMBLING.
a. Gambling on NHRA. Covered Stakeholders are prohibited from
gambling on (i) any NHRA race, run, series, or event, including the
Mission Foods Drag Racing Series, the Lucas Oil Drag Racing
Series, and the Pro Mod Drag Racing Series, and (ii) anything NHRA
determines could represent the potential for a conflict of interest,
unsportsmanlike conduct, or other action(s) detrimental to drag racing
or NHRA. There are no exceptions to this rule, even in circumstances
in which the race, run, series, or event is conducted in a location
2024 NHRA RULE AMENDMENTS
10
where gambling is legal or in which the Covered Stakeholder is not
participating.
This rule prohibits gambling, either directly or indirectly, on the
outcome, statistics, time, actions, or any other aspect of, or
occurrence in, NHRA races, runs, series, or events or NHRA drag
racing, including elapsed time, qualifying time and/or position, head-
to-head results, event winner, series winner, lane choice, racer
lineup, disciplinary matters (e.g., red lights, disqualifications), and
weather delays.
b. Illegal Gambling. Covered Stakeholders are prohibited from
participating in or facilitating any form of illegal gambling, whether on
NHRA, sports, or otherwise. For example, Covered Stakeholders
may not gamble with offshore betting operators (e.g., Bovada), in
jurisdictions in which gambling is not legal, or with betting operators
that are not licensed or regulated in the applicable jurisdiction.
4. PERMISSIBLE GAMBLING. Not all gambling is prohibited by this
policy. Covered Stakeholders may gamble in places where it is legal,
so long as such gambling is not otherwise prohibited by this policy. For
example, Covered Stakeholders may engage in traditional casino
gambling (e.g., blackjack, slot machines, poker, craps, roulette) and
gamble on non-NHRA sporting events.
5. FANTASY LEAGUES. Fantasy leagues are contests in which players
assemble fictional teams of real world competitors (e.g., racers,
athletes, etc.) from professional sports with the winners determined by
reference to the statistics of those real world competitors. Some
fantasy contests last an entire season (i.e., “commissioner-style
fantasy leagues”), while others are as short as a day (i.e., “daily
fantasy leagues”). Some fantasy leagues offer cash or other prizes,
and some require an entry fee to participate.
Participation by Covered Stakeholders in NHRA fantasy leagues that
award cash prizes or other things of value could create an actual or
perceived conflict of interest. Covered Stakeholders may also be
perceived to have an unfair advantage due to their preferential access
to information in certain instances. As a result, Covered Stakeholders
are prohibited from participating in NHRA fantasy leagues that offer
cash or other prizes, except such leagues that (a) do not award cash
prizes or other things of value, or (b) award cash prizes or things of
value valued at $500 or less. Covered Stakeholders are permitted to
participate in fantasy leagues that involve non-NHRA sports (including
leagues with prizes), so long as those fantasy leagues are legal where
they are offered.
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