After Years of Intolerance, Sports Leagues Getting Into Bed With Wagering Firms

Submitted by Dan Shapiro on

Written by :

Dan Shapiro

Published on :

ESPN.com has come out with a report on the major sports leagues embracing of the gambling industry after years of intolerance. 

Ad: Open an Online Betting Account Here at Bookmaker and Receive Hundreds of Dollars in Free Signup Bonuses: In Business Since 1986

The sports media outlet points out a number of recent examples:

    The NFL in April became a part owner of newly formed Sportradar US, the subsidiary of a Swiss company that provides real-time statistics, scores and odds to bookmakers, including, according to gambling industry sources, multiple offshore sportsbooks that offer illegal betting in the U.S.

    Last July, the NBA, through its ownership stake in FanDuel, became part owner of numberFire, a New York tech company that offers sophisticated analysis for daily fantasy and sports wagering, including betting recommendations on the league's own games.

    Shortly after the World Series in November, Major League Baseball signed a deal with a London-based company, Sport Integrity Monitor, to monitor betting lines and identify suspicious betting activity that might indicate fixed games. SportIM's parent company sets odds and provides software for legal bookmakers in Europe and Asia.

"It’s a critical part of their future revenue,” notes gaming industry attorney Jeff Ifrah.  “You can’t ignore that.”

Read More Here

- Dan Shapiro, Gambling911.com

Related Content

Connecticut Crackdown on Prediction Markets Continues

Connecticut Crackdown on Prediction Markets Continues

Media companies and gaming service providers also issued subpoenas.
Graton Resort & Casino Hosts World Premier of Aristocrat Gaming's Buffalo Super Rush

Santa Rosa, California's Graton Resort & Casino Hosts World Premier of Buffalo Super Rush

Guests at the Sonoma County resort could be heard yelling “Buffalooo!” across the casino floor as the all-new game made its debut. Graton celebrated the premiere with a free pull event for guests, with the chance to win $110,000 in cash prizes.
Real App Names FanDuel Its First Official and Exclusive Sportsbook and Prediction Market Partner

Real App Names FanDuel Its First Official and Exclusive Sportsbook and Prediction Market Partner

Partnership integrates FanDuel odds and contextual markets into Real’s live experience and creates a new way for FanDuel to connect with the next generation of sports fans.
VGW Responds to New York AG Settlement: Will Continue to Operate Using Its Gold Coins Play

VGW Responds to New York AG Settlement: Will Continue to Operate Using Its Gold Coins Play

"VGW appreciates the NYAG’s recognition of VGW’s cooperation throughout its investigation and looks forward to continuing to operate its online social games in the State of New York solely through Gold Coins play."