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IMG Chief Bans Employees from Sports Gambling

12/3/2010 2:50 PM PST BY TMZ STAFF

The heads of the sports management giant IMG fired off an anti-gambling memo to all of its employees today -- a move that comes in the wake of the alleged gambling scandal involving Roger Federer.

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The memo -- obtained by TMZ -- says, "given IMG's increasing role in U.S. college sports over the last three years, it is appropriate to implement specific anti-gambling policies with respect to wagering on collegiate sporting events."

The memo -- sent from IMG's Senior V.P. John Raleigh -- also states that the policy, "prohibits gambling on collegiate sports even where such activity would otherwise be legal."

Perhaps most crushing to IMG employees -- the new policy also bans all NCAA basketball tournament pools ... "whether conducted on IMG premises or not."

Back in October, IMG CEO Ted Fortsmann was accused of getting inside info after he placed bets on Federer and Tiger Woods -- both IMG clients.

A rep for IMG tells TMZ the company did not previously have a wagering policy, but that Fortsmann had attorneys draw up this one, "to avoid any concerns or perceptual issues in the future."



For more sports stories, check out tmzsports.com!
10 COMMENTS

No Avatar

1.

SERIOUSLY !!!!!    

GOOD FOR HIM! Nice to see someone in position of authority to do something moral for a change ...

1356 days ago
2.

TMZ@Froggy.biz    

Makes sense.

1356 days ago
3.

Nostradamus    

Haha I love the fact I'm reading this story with a live current NFL odds ad flashing next to it.

1356 days ago
4.

Not My Real Name    

The Memo/Policy is too broad and it is an invasion of privacy; Employers cannot tell employees what to do at home, on their time off or on their own time.

1356 days ago
5.

J228    

Looks like Ric Flair with the vinegar face.

1356 days ago
6.

Nostradamus    

Hey Mike Hunt and Notmyrealname, ever hear of conflict of interest?
And employers can't tell employees what to do in their own time, but they sure as hell can tell them what NOT to do. A lot of people have clauses in their contracts prohibiting reckless behavior (sky diving, motorcycles, etc.) And how many people have to submit to drug testing for work? Does it matter to the employer if you wait till work is over and get high? Didn't think so.

1356 days ago
7.

Nan Woodward    

It would be nice if Roger Federer's name had not been in the headline. But then, I guess TMZ would not get as many readers. Federer didn't gamble, bet, etc. Someone who worked with him or, for him did.

1356 days ago
8.

Nostradamus    

Hey Nan-
A. Roger's name is not in the headline.
B. In no way did the story imply that your golden boy wagered. He was wagered upon in this scenario, which makes him relevant to the story. God forbid anyone mention Federer and gambling in the same sentence, lol.

1356 days ago
9.

Anonymous    

I wonder when some dirt will come out on Roger Federer. There has to be something. No way he can be as pure as his image suggests. Has to be some skeletons there and if so, they will eventually leak out. Or perhaps he is the ONLY world class athlete to be so pristine. What a switch that would be!

1356 days ago
10.

W. Hermsen    

It is disgusting to note once again that in order to increase sales nothing will stop greedy wheeler dealers, not even publishing slanderous information about perfectly honest people.

1355 days ago

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