Weekly Issue

Late in May of 2018, at the height of a dispute over how states should regulate sportsbooks, representatives from the NBA, MLB and the PGA Tour traveled to Las Vegas for a meeting with gambling operators, hoping to find common ground, or at least a patch of ground that wasn’t smoldering. Lobbying together in states considering legalization, the leagues had been asking for months that sportsbooks be required to use official league data, share access to information about individual wagers and pay leagues a 1% royalty taken from all bets placed on their games. The operators had balked at each proposition.