The messenger for this new need, Sports Handle has heard, has been the Switzerland-based Sportradar itself. The business has advised certain Nevada sportsbook operators about the new fee at the NBA’s directive.
Sources say Sportradar approached multiple sportsbook operators who have purchased the company’s gambling data feed called Betradar, and used it to get the NBA data feed, with the new terms prior to the onset of the NBA playoffs.
Around the exact same period, Sportradar, doing the bidding of Major League Baseball, advised particular sportsbooks they will need to fork over a”royalty” of 0.25 percentage of wagers shot on MLB competitions for entry to the league’s official feed via Betradar, sources said. These conversations remain ongoing.
“What I have heard, and individuals are reluctant to go on record, is the leagues are demanding this to find the official Betradar data feed, you now have to pay a quarter percent of handle,” said Robert Walker, Director of Sports Book Operations for Nevada-based bookmaker USBookmaking. “I’ve heard the leagues, which would be the NBA and MLB, want a charge for in-game wagering information, in addition to the existing fees”
Walker formerly ran a few of the biggest sportsbooks in Nevada including those at the MGM Mirage and also for Boyd Gaming.
“My sources inform me the demand is coming from the information provider, Betradar,” Walker explained. “I really don’t understand if the leagues actually reached out themselves. I believe that they’re strong arming Betradar, who is coming back and saying this is what we must get.”
The NBA, MLB and Sportradar didn’t respond to Sports Manage’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 that which was initially called an”integrity fee” — a charge that would require state-licensed sportsbooks to pay expert leagues a 1 percent off-the-top cut of legal sports stakes on every individual leagues’ games. At present, both the NBA and MLB are asking for 0.25 percentage and calling it a”royalty” instead or simply”compensation.”
Thus far, no nation has obliged the leagues’ request. Nevertheless this week,Tennessee became the first state to pass a law (Governor Bill Lee will leave it and let it become law) that includes a”data mandate” demanding, with a few murky language, that to-be licensed books buy”official league info” to power any in-play gambling markets it may offer.