Major League Baseball wants cut from casinos on sports betting

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Major League Baseball is insisting to casino executives that the league should get a cut from wagers placed on the sport following the repeal of a federal ban on sports betting.

An MLB executive speaking Wednesday at the casino industry's top trade show in Las Vegas also held that sports books should be required to buy data used to set odds directly from the league.

Kenny Gersh is the league's executive vice president of gaming. He says a proposed 0.25 percent fee is essentially a royalty that casino companies should pay if they are going to make money off of the sport.

He says MLB believes betting on baseball is not appealing to mass consumers, just hardcore bettors, and the league could help change that.

A U.S. Supreme Court decision in May allowed states to join Nevada in having legalized sports betting.

Casinos have strongly opposed direct payments to leagues for betting, and MLB and other pro leagues have failed so far to convince any state to build the fees into their laws.



https://www.google.com/amp/s/www.cb...all-wants-cut-from-casinos-on-sports-betting/
 

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Lmao@ MLB saying betting on baseball doesn't appeal to consumers, hahaha.....the reason half the people watch any sports is cuz they have money on the game.....or some interest in it from fantasy sports.
 

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No one should be forced to buy it, but books that are doing the live betting will probably want it. I can't understand how the leagues can't see the bigger picture.
 

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Interpretation, billionaires and millionaires want more money from the fans
 

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Interpretation, billionaires and millionaires want more money from the fans
But if they embraced it, the money they will make from it is far more than any cut from the vig.
 

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Lol . Ban Pete Rose for life but now you want piece of the pie ?
Unbelievable .
 

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I wonder how many players in major sports bet on their sport? 25%?
 

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I wonder how many players in major sports bet on their sport? 25%?

Tito Ortiz vs Chael Sonnen was 100% fixed by those two .
NO DOUBT . It's easier and more often commen in mma and tennis.
 

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I wonder how many players in major sports bet on their sport? 25%?

This is a Serious Question that needs to be addressed.............

What about betting on other sports? ;Casinos ,Poker Lottery are they involved with this

IF YOU ARE GONNA PLAY THE INTEGRITY CARD --be careful.....................
 

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