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Major League Baseball now wants 'integrity fees' from casinos

Major League Baseball now wants 'integrity fees' from casinos

By: Kartik Krishnaiyer

12 Oct 2018
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In its continuing search for sports betting revenues following the repeal of a federal ban, Major League Baseball is now seeking a cut from casinos on wagers placed on the sport.

Kenny Gersh, the league's executive vice-president of gaming, said the casino companies should pay a 0.25 per cent royalty on each MLB bet if they are going to make money off of baseball.

"From a fairness perspective we think, if you are going to designate someone to be able to make money off of what at the end of the day is our sport and our events because if the Yankees weren't playing the Red Sox last night, you are not betting on the Yankees and the Red Sox...we think we should be involved in that," he said.

However, Sara Slane, senior vice-president of public affairs at the American Gaming Association, countered this proposition at the Global Gaming Expo in Las Vegas, saying: "You want a cut of the revenue without any of the risk that's associated with it."

Meanwhile, sports betting experts will call the action of Las Vegas Lights' USL match against the Sacramento Republic this weekend on local TV live from a casino. Live odds on US and European soccer matches will stream simultaneously on-screen, via a ticker and sidebar. 

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