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Integrity Fee Newsbeat

Tuesday, February 05, 2019

US sports leagues split on how to monetize sports betting

Jumping to the section of most direct relevance to baseball:

The NBA, MLB and golf’s PGA Tour began lobbying individual states for direct payments, an idea widely known among legislators and lobbyists as an “integrity fee” but that the leagues prefer to call a royalty. The leagues say they deserve to be reimbursed for costs to make sure their games are free from scandal and manipulation. They also feel that outside companies making money from games should share profits with those organizing the sports.

“It obviously helps the leagues in providing compensation to us for our product,” said Bryan Seeley, a senior vice president of Major League Baseball. “It also helps defray the costs for us for integrity and regulatory costs.”

Those costs include hiring additional people to monitor games and betting activity, training players, referees and other league employees on integrity measures, developing special software and hiring outside consultants, said Dan Spillane, an NBA senior vice president. But neither of those leagues would quantify exactly how much integrity measures are costing them or how much is new spending, given that illegal sports betting has been popular in America for a long time and other countries offer legal wagering on their games.

Some of us consider “integrity fees” and “collecting money from gamblers” to be contradictory by definition, but it seems that this is not an era when we will be listened to.

 

 

QLE Posted: February 05, 2019 at 05:32 AM | 11 comment(s)
  Beats: dollah dollah bills, y'all, gambling, integrity fee

 

 

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