Sports
Controversial Sports-Betting Fee Would Boost Revenue, Study Says
- MLB, NBA want a cut of sports bets, commission study on impact
- Role for leagues could boost revenue, state levies on bets
For more than a year, Major League Baseball and the National Basketball Association have argued that they should get a cut of every legal bet placed on their games.
A study from gambling consultant Spectrum Gaming Group says imposing the controversial royalty -- also called an integrity fee -- could generate more money for sportsbooks and states because of greater cooperation from the leagues.