Just something to think about
Thursday, Dec 5, 2019 - Posted by Rich Miller
* 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.
- Oswego Willy - Thursday, Dec 5, 19 @ 2:58 pm:
Same problem Rauner had, but he had the Steelers, Bulls, and Red Sox.
To be honest… Something that’s been eating at me the last few days. Dunno why;
Tattaglia. It’s not him. It’s Barzini.. all along.
Then again…
Sollozzo.
Unpredictable, with juice, sure, but tried to muscle and it started a war. Again.. in the end… it was Barzini all along.
Did Sollozzo start the war that others hoped he would on his own?
Eating at me… last few days.
- Yeesh - Thursday, Dec 5, 19 @ 3:25 pm:
Point taken in the hedline but this is about three galaxies removed from what Brady does.
- Oswego Willy - Thursday, Dec 5, 19 @ 3:28 pm:
- Yeesh
Parsing ethics to suit one’s goals?
Hmm.
Dunno how smart that looks for, say, Plummer, or… maybe another, I dunno, going down ethics tangents and Plummer has a bill his own ethical standing could be questioned.
Just something to think about.
- 47th Ward - Thursday, Dec 5, 19 @ 3:45 pm:
“Geez Dad.”
- Anonymous - Thursday, Dec 5, 19 @ 3:50 pm:
47th……that’s funny
- Suburbs - Thursday, Dec 5, 19 @ 4:03 pm:
Jason might want to take his baseball (team) and go home now.
- Michelle Flaherty - Thursday, Dec 5, 19 @ 4:32 pm:
If Senator Plummer is so concerned with people potentially getting rich off their parents connections, he could just give the money back.
- 618er - Thursday, Dec 5, 19 @ 5:16 pm:
This should be a no brainier. There are regulatory agencies in the state, that state state employees, nor the same immediate family members listed, can profit from those they regulate. Statements of economic interest have filed every year. The same should apply to legislators.
- Ok - Thursday, Dec 5, 19 @ 6:41 pm:
But the rules are different for the millionaires and billionaires.
How are they supposed to keep track of all the investments they have? And besides, I am sure the Dodgers revenue from sports gaming in Illinois would only be millions of dollars. That’s just a drop in the bucket foe these guys, not something that would influence them.
- Oswego Willy - Thursday, Dec 5, 19 @ 6:47 pm:
=== But the rules are different for the millionaires and billionaires.
How are they supposed to keep track of all the investments they have?===
You *know* if you have a piece of a profession sports franchise.
You know. Plus, it’s Jason Plummer’s favorite team even before they had a piece of the franchise.
This isn’t owning a McDonald’s franchise in Madeupville, anywhere.
Even in snark it’s ridiculous… I say that because of this;
=== I am sure the Dodgers revenue from sports gaming in Illinois would only be millions of dollars. That’s just a drop in the bucket foe these guys, not something that would influence them.===
Ethics is not measured by the amount of money or influence. It’s measured if it exists… or not.
- Anon - Thursday, Dec 5, 19 @ 9:03 pm:
Can someone clarify how Plummer’s bill is implicated by this? The post referenced language that bars ownership in a gambling enterprise, not an indirect entity that might profit from gambling. So what’s the point? Should he propose a ban on indirect income - that’s impossible to manage or enforce.
- Small caucus - Friday, Dec 6, 19 @ 12:14 am:
Oswego said it well. But also makes me think.
Someone brought a knife to a gun fight.
- Da Big Bad Wolf - Friday, Dec 6, 19 @ 6:19 am:
== not an indirect entity that might profit from gambling.==
MLB is sharing data for a cut of the Draft King’s action. That’s not “indirect.”