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A draft of a federal sports betting bill has appeared in Congress in which the federal government would have to approve state laws legalizing sports gambling. Here's a copy of the draft bill: Sports Betting Discussion Draft Legal Sports Report is not aware of who authored the draft, or who had a hand in its creation. After promises from more than one senator to…
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NEW YORK — MGM Resorts is “offended by the concept” of an integrity fee being included in state sports betting regulations as proposed by the major sports leagues, according to chief executive Jim Murren. Speaking in New York, Murren said proposals for a mandated percentage of turnover to go to the leagues was “disturbing to us.” “I like the word integrity, but I believe we…
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The NBA continues to lead the charge for official data as it relates to the rollout of US sports betting. The pro basketball league announced its “first betting data partnerships in the US” with Sportradar and Genius Sports, according to a release from the NBA on Wednesday. “Sportradar and Genius Sports are proven leaders in data distribution and will deliver unparalleled, real-time official NBA betting…
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That's one thin tightrope Dan Spillane will attempt to walk in executing the NBA sports betting plan in 2019. The league's senior vice president of governance and policy detailed in a Gambling Compliance article ($) how the NBA will simultaneously handle private agreements and public legislation. The NBA plans more deals like its $25 million agreement with MGM Resorts, but also will keep pushing the…
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