Auston Matthews among those on the cusp of losing a major endorsement deal?
BY MIKE ARMENTI AUGUST 30, 2023 (10:52)
TSN's Rick Westhead has reported that the Alcohol and Gaming Commission of Ontario (AGCO) has initiated a ban on athletes appearing in commercials for online gambling platforms as a way of protecting minors and limiting the spread of influential advertising to youth.
Obviously, there are implications for Auston Matthews here, as Matthews has appeared in commercials for popular sportsbook Bet99. There are other Ontario-born athletes who are also impacted, as both Connor McDavid and Wayne Gretzky have deals with rival sportsbook BetMGM Sports.
The AGCO had the following to say in their official statement:
It's unclear, at this point, what this means for these types of endorsements moving forward. Obviously, if Ontario is taking this approach, we could see other provinces follow suit, as this will certainly set a precedent. For Matthews, Gretzky and McDavid, does this mean that their current endorsement deals will go away? Will these ads still be airable in other markets? I'm sure that these questions will be answered before too long, but I wouldn't be surprised if the end result of this is that these players, other athletes and celebrities will simply turn to another market and sign new endorsement deals for a different type of product or service to offset any potential losses they may suffer as a result.
WILL LEAFS PLAYERS STILL FIND A WAY TO REMAIN INVOLVED WITH SPORTSBOOK ADVERTISING?
AUGUST 30 67 ANSWERS
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