NBA and MLB go all-in with gambling money grab

Published May 14, 2019 4:00am ET



As the NBA playoffs head toward an exciting climax and the baseball season kicks into high gear, both leagues are desperate to collect fees imposed on sportsbooks and anyone who places a wager using them.

Their failure to accomplish this quest has pushed them to employ a new hardball strategy. According to a report from Sports Handle, the NBA and MLB have given Las Vegas sportsbooks an ultimatum: Pay the leagues a 0.25% “royalty” on every wager or get cut off from their official betting data suppliers.

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