The messenger with this new need, Sports Handle has heard, has been the Switzerland-based Sportradar itself. The company has advised certain Nevada sportsbook operators about the new fee at the NBA’s directive.
Resources state Sportradar approached multiple sportsbook operators that have purchased the company’s betting data feed called Betradar, also used it to get the NBA data feed, with the new terms before the start of the NBA playoffs.
Around the same time, Sportradar, doing the bidding of Major League Baseball, advised certain sportsbooks they will need to fork over a”royalty” of 0.25 percentage of wagers taken on MLB competitions for access into the league’s official feed through Betradar, sources said. These conversations stay ongoing.
“What I have heard, and individuals are reluctant to go on record, is the leagues are demanding that to get the official Betradar data feed, you finally must pay a quarter percent of handle,” said Robert Walker, Director of Sports Book Operations for Nevada-based bookmaker USBookmaking. “I have heard the leagues, that would be the NBA and MLB, want a fee for in-game wagering information, in addition to the present fees.”
Walker previously ran some of the biggest sportsbooks in Nevada including those at the MGM Mirage and also for Boyd Gaming.
“My sources inform me that the need is coming from the information provider, Betradar,” Walker explained. “I don’t know if the leagues really reached out themselves. I believe that they’re strong arming Betradar, who is coming back and saying this is what we have to get.”
The NBA, MLB and Sportradar did not respond to Sports Handle’s request for comment for this story.
By way of background, the NBA, in lockstep with MLB, has lobbied state and federal lawmakers since January 2018 for what was initially called an”integrity fee” — a fee that would call for state-licensed sportsbooks to cover expert leagues a 1 percent off-the-top cut of all legal sports bets on every individual leagues’ games. At present, the NBA and MLB are asking for 0.25 percentage and calling it a”royalty” rather or simply”compensation.”
So far, no state has obliged the leagues’ petition. However this week,Tennessee became the first state to pass a law (Governor Bill Lee will leave it unsigned and let it become law) that includes a”data mandate” requiring, with a few murky language, that to-be licensed books purchase”official league data” to electricity any in-play betting markets it could offer.