Comment on Leagues, casinos lobby states for cut of legal sports bets

Leagues, casinos lobby states for cut of legal sports bets

WASHINGTON (AP) — With the Supreme Court poised to rule on a case that could end the federal ban on sports gambling, more than a third of U.S. states are considering legislation to get in on the action, and professional leagues and casino interests are lobbying against each other for the biggest cut of the winnings. The push to legalize betting on sports has already led to fractures in an uneasy alliance that had developed between leagues and gambling legalization advocates before Supreme Court arguments last fall. The NBA and Major League Baseball have been asking states to give them 1 percent of the total amount wagered on their games, calling it an "integrity fee" so they can protect their products and snuff out attempts at cheating and game-fixing. "Now, let's be clear — that's just a euphemism for a cut of the action," Joe Asher, CEO of William Hill U.S., a sports book operator, told New York state lawmakers in January.Read more on NewsOK.com

 

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