Sports Betting. The biggest representative of national baseball market has revealed its consideration. Rob Manfred told Yahoo Finance that sports betting is a” form of fan engagement” and “can fuel the popularity.”
“Whether it’s legalized here or not, it’s happening out there. So, I think the question for sports is really, ‘Are we better off in a world where we have a nice, strong, uniform, federal regulation of gambling that protects the integrity of sports, provides sports with the tools to ensure that there is integrity in the competition … or are we better off closing our eyes to that and letting it go on as illegal gambling?’ And that’s a debatable point,” Manfred expressed (READ SO THE MERGE OF TWO GIANTS WILL COME TRUE ON 2017)
Several states, such as New Jersey and New York, are assessing a complete legislation to allow the highly-demanded game. Furthermore, both officials’ organizations and private companies are lobbying for a federal approval.
Whilst sports betting industry is getting more relevant in United States’ legislation and economy, more organizations are showing their interests in developing the sector. Yesterday Major League Baseball (MLB) commissioner Rob Manfred admitted that the entity may be considering backing sports betting legalization.
