Shakedown Fees

The messenger with this new demand, Sports Manage has heard, has become the Switzerland-based Sportradar itself. The company has advised certain Nevada sportsbook operators about the new fee in the NBA’s directive.
Sources say Sportradar approached multiple sportsbook operators that have purchased the company’s betting data feed named Betradar, and used it to get the NBA data feed, with the new terms prior to the onset of the NBA playoffs.
Around the same period, Sportradar, doing the bidding of Major League Baseball, advised particular sportsbooks they will want to fork over a»royalty» of 0.25 percentage of wagers shot on MLB competitions for access to the league’s official feed via Betradar, sources said. These conversations remain ongoing.
«What I’ve heard, and individuals are reluctant to go on record, is that the leagues are demanding this to get the official Betradar data feed, you now must pay a quarter percent of handle,» said Robert Walker, Director of Sports Book Operations for Nevada-based bookmaker USBookmaking. «I have heard that the leagues, which are the NBA and MLB, want a fee for in-game wagering information, along with the existing fees.»
Walker previously ran a few of the largest sportsbooks in Nevada including those at the MGM Mirage and also for Boyd Gaming.
«My sources inform me that the demand is coming from the data provider, Betradar,» Walker explained. «I don’t know if the leagues actually reached themselves out. I believe they’re strong arming Betradar, who’s coming back and saying this is what we have to get.»
The NBA, MLB and Sportradar did not respond to Sports Manage’s request for comment for this story.
By way of background, the NBA, in lockstep with MLB, has lobbied state and national lawmakers since January 2018 for what was first referred to as an»integrity fee» — a fee that would require state-licensed sportsbooks to cover pro leagues a 1 percentage off-the-top cut of all legal sports bets on each respective leagues’ games. At the moment, both the NBA and MLB are asking for 0.25 percent and calling it a»royalty» instead or just»compensation.»
So far, no state has obliged the leagues’ petition. However this week,Tennessee became the first state to pass a legislation (Governor Bill Lee will leave it unsigned and let it become law) that includes a»data mandate» requiring, with a few murky language, that to-be licensed books buy»official league info» to power any in-play betting markets it could offer.

Read more: sportslivestream-tv.com