MLB Ready to Embrace Sports Betting
The U.S. Supreme Court has just found in favor of legalized sports betting in the United States.
The professional sports leagues anticipated this coming to fruition with the National Basketball Association in particular expressing a desire to embrace it.
Now Major League Baseball appears more open to the idea.
According to the New York Post, an executive associated with a MLB team met with a bookmaker last week.
A major league sports team executive met with the owner of a bookmaker last week to pitch sponsorship opportunities, The Post has learned.
While leagues have looked to grab a piece of the what could become a $10 billion-a-year sports gambling business in New Jersey -- mostly through a hoped-for 1 or 2 percent integrity fee attached to each wager -- the revelation that individual teams may now be interested in partnerships means in-stadium advertising for bookmakers could be coming down the road.
The National Football League, it should be noted, has been among the least receptive to the idea of legalized sports betting. It remains to be seen how they will react to Monday's decision that the U.S. Supreme Court has found in favor of New Jersey in its bid to open the doors for such activity.
- Don Shapiro, Gambling911.com
