* Bloomberg this past summer…
DraftKings Inc. is becoming an official gambling partner of Major League Baseball in a multiyear deal that will let the company offer betting lines and products backed by MLB’s official data. […]
DraftKings and MGM Resorts International, which signed a marketing partnership last November, are the only sports books to partner directly with the league so far. Once an operator receives the MLB stamp of approval, it is then allowed to work with one of league’s official data partners, such as Sportradar AG or Perform Group, for access to live feeds from games around the country. That data is especially important for the in-game betting Kucharz described, which is becoming many gamblers’ preferred way to wager. […]
Deals like this are also critical for MLB’s goal of claiming a share of the growing sports betting industry. While operators in Las Vegas have offered baseball betting for decades without becoming official MLB partners, the league is hoping that access to its official data — plus the right to use team logos alongside betting lines — will be enough to entice sportsbooks to open their wallets.
* Legal Sports Report…
Official league data would be front and center if you built a word cloud to visualize the sports betting conversation. The battle for control over data has emerged as one of the primary fronts in the effort to shape US policy at the state and federal level.
Following their years-long opposition to gambling, leagues now seek a role as primary stakeholders in legal sports betting. And they are intent on profiting from US sports betting, ideally via a direct share of the total amount wagered. […]
Most US sportsbooks are under no obligation to use any particular source of data. Laws in two states, however, include a requirement that operators use official data to settle certain wagers:
* Illinois sports betting (“for determining the outcome of Tier 2 sports wagers”)
* Tennessee sports betting (“for purposes of live betting”)
The Illinois law requires leagues (or their data companies) to obtain a license to act as a Tier 2 data provider.
* Dodger Blue…
The Los Angeles Dodgers confirmed the addition of two new members to the ownership group, with Robert L. Plummer and Alan Smolinisky purchasing a minority stake.
That would be Sen. Jason Plummer’s father.
* From Sen. Plummer’s recent press release about his new ethics bill…
SB 2318 would specifically bar members of the General Assembly and their immediate family, as well as staff of the General Assembly and their immediate family, from holding an ownership interest in a privately held gaming enterprise or business. It was also bar the same groups of people from holding anything more than a passive interest in any publicly traded gaming enterprise. In addition, the legislation would bar members and staff of the General Assembly and the immediate families of both groups from receiving any form of compensation for services rendered to or employment with any gaming enterprise or business.
Emphasis added because Mark Maxwell has a copy of Plummer’s bill…
Immediate family member is defined as “anyone living with a member, or a spouse, child, sibling, or parent of a member, regardless of whether that person lives with the member.”
As Major League Baseball and its teams forge business partnerships with the gambling industry and are under state mandates to provide official data for sports betting, they might actually be considered a gambling enterprise one day.