Help me understand what's going on here. What does the NBA have to do with legalizing betting on games (but I don't really gamble so maybe I'm just missing the obvious)?
So I understand there's
PASPA which limits sports betting to Nevada and a couple of other states. So you can currently place bets in Nevada on any NBA game, right? And the NBA doesn't get any cut from this, they have no involvement whatsoever in this, right?
So is the NBA just lobbying to make sports gambling legal nationwide, but lobbying under the condition that the new laws include a 1% "integrity fee" payable to the NBA to so they can properly monitor all the bets and make sure nothing shady is going on, even though we all know that 99.9% of that fee will just go into the leagues/owners pockets?
If betting becomes legal in other states, there's no real reason they'd have to give the NBA a cut, right? Or is there some current or proposed law that says to create a sports book, you have to pay essentially a licensing fee? Is the NBA (and other sports leagues) just using their power/influence to get their unnecessary cut written into law?
Topic: The NBA wants a 1% cut on all bets to legalize gambling (among other things) (Read 2360 times)