MLB Commish Warms Up To Gambling IssueRob Manfred Possibly Open To Federal Framework |
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Following in the footsteps of NBA Commissioner Adam Silver, the new head of Major League Baseball, Rob Manfred, told ESPN’s Outside the Lines on Thursday that “it’s important for baseball to give fresh consideration to the issue” of sports betting.
According to CBS Sports, his position, along with the league’s owners, would at best be support of potential federal legislation that would OK Las Vegas-style sports books in more states than just Nevada.
It hasn’t yet been spelled out how the MLB and NBA would profit from this.
Sports betting in Nevada is at all-time highs and the U.S. casino industry is pushing for its expansion as an avenue for growth. State-regulated online betting, once touted frequently as the next frontier for gaming, has been very slow to take off since debuting in America in 2013.
The state of New Jersey has been fighting with the professional sports leagues to bring brick-and-mortar sports books to Atlantic City. The leagues apparently aren’t interested in a state-by-state patchwork for sports betting and would much rather have a federal framework.
The last time Congress acted on sports betting was more than two decades ago.
The reason why Nevada is the only state in the U.S. to have robust sports betting offerings is because of an old law that limited sports betting to just four states. That’s the law that New Jersey is fighting against, though the Garden State had the opportunity years ago to be grandfathered into sports betting like the other jurisdictions.
Sports betting is big business, especially as the poker market continues to stagnate. Even an online poker site like PokerStars is trying its hand at the activity.
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