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IMG Chief Bans Employees from Sports Gambling

12/3/2010 2:50 PM PST

IMG Chief Ted Fortsmann Bans Employees from Collegiate Sports Gambling

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.

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."

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