UFC updates its policy to ban fighters from wagering on promotion's fights

Summarized by: Live Sports Direct
 
UFC updates its policy to ban fighters from wagering on promotion's fights

UFC updates its policy to ban fighters from wagering on promotion's fights. The change was introduced as part of the UFC’s updated Athlete Code of Conduct. It's an effort to curb violations that may result in criminal charges and prevent inside betting. Many states already have prohibitions in place for athletes, along with their teams and close ones, from betting on events they are affiliated with. UFC is subject to government regulation as it's licensed promoter in virtually every state. UFC has been a major sponsor of MMA fighters and athletes. They are aware that most states that regulate sports gambling have some prohibitions on inside gambling activity.