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Shakedown Fees

The messenger with this new need, Sports Handle 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 obtained the organization’s gambling data feed named Betradar, also used it to get the NBA data feed, with the new terms before the start of the NBA playoffs.
Around precisely the exact same time, Sportradar, doing the bidding of Major League Baseball, advised particular sportsbooks they will need to fork over a"royalty" of 0.25 percent of wagers shot on MLB competitions for entry into the league’s official feed through Betradar, sources said. These discussions remain ongoing.
“What I have heard, and individuals are reluctant to go on record, is the leagues are demanding that to find the official Betradar data feed, you finally must pay a quarter percent of handle," said Robert Walker, Director of Sports Book Operations for Nevada-based bookmaker USBookmaking. “I’ve discovered that the leagues, which would be the NBA and MLB, want a fee for in-game wagering information, along with the existing fees"
Walker formerly ran a few of the biggest sportsbooks in Nevada for example those in the MGM Mirage and for Boyd Gaming.
“My sources inform me that the need is coming from the data provider, Betradar," Walker explained. “I really don’t understand if the leagues actually reached themselves out. I think that they’re strong arming Betradar, who is coming back and saying this is what we have to get."
The NBA, MLB and Sportradar didn’t respond to Sports Handle’s request for comment for this story.
By way of history, the NBA, in lockstep with MLB, has lobbied state and federal lawmakers since January 2018 for what was initially called an"integrity fee" — a fee which would require state-licensed sportsbooks to cover pro leagues a 1 percentage off-the-top cut of all legal sports stakes on every individual leagues’ games. At the moment, the NBA and MLB are requesting for 0.25 percentage and calling it a"royalty" rather or simply"compensation."
Thus far, no state has obliged the leagues’ petition. Nevertheless this week,Tennessee became the first state to pass a law (Governor Bill Lee will leave it and let it become law) that comprises a"data mandate" demanding, with some bizarre speech, that licensed books purchase"official league info" to power any in-play betting markets it may provide.

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