A well-known casino company held back little to shout on Thursday official league dates Mandates.
Eric Schippers, from Penn National Gaming, urged the sporting leagues to urge state legislatures to use official league data. to prescribe Sports betting Operators a “money robbery” that “instead of not being able to receive the integrity fee”.
Speak to Ohio House Finance Committee Schippers stated that professional sports leagues wandered around the country over the past year to push for it Integrity fees in sports betting law.
Industry stakeholders battled the integrity fee, which would take up a significant portion of the already slim sports betting margins.
Leagues in all states have not been successful in getting the fees.
“When the costs were being paid by all these states in the form of an integrity fee, you suddenly heard that we should make official league dates mandatory,” said Schippers. “That is how we will do it.”
Is integrity fee = official data?
“There was never any resistance from the leagues who said, hey, we need a piece of it or we want to add something,” said Schippers. “You just buy your data. Therefore, the term official league data now includes, if you will, a vig in the game language in addition to what we should already be buying through these two services. “
Quote American Gambling Association report that the four sports leagues will earn a collective $ 4.2 billion of legal sports betting, Schippers argued that leagues are already benefiting from the expansion of regulated sports betting and need no further incentive to maintain the integrity of their product.
“We don’t think there should be an additional integrity fee for the leagues,” said Schippers. “In the interest of everyone, it is already integrated to guarantee integrity – from the point of view of the regulatory authority, from the point of view of the operator and from the point of view of the league.”
The law discussed at the hearing, Rep. Dave Greenspans H 194, currently does not include an integrity fee or an obligation to use official league data.
Should the lottery be in charge?
There are two sports betting bills in Ohio with competing points of view. Senator John Eklund‘s bill would die Ohio Casino Control Commission as a regulator and limit sports betting to the state 11 casinos and racinos.
Greenspan’s bill would die Ohio Lottery Commission the regulator and allow fraternal and veteran organizations to participate. Greenspan envisions people at these organizations betting on a kiosk and receiving payouts for a certain amount from the lottery commission, just as someone would claim lottery winnings.
Eklund has argued why he believes the The Casino Control Commission should be the regulator.
Greenspan responded that the Lottery Commission was the right choice as it uses a closed broadband intranet for lottery transactions. This, he claims, will address concerns about mobile betting, which remain within the state in order not to violate the Wire law.
“So this bill and the Lottery Commission are the way to go because there is already a domestic network and environment,” Greenspan said.
Schippers said he’ll be fine if the lottery commission is a regulator as long as it’s not a competitor.
What about in-play betting on sports betting in Ohio?
stand-in MGMthat works MGM Northfield in Ohio, Ayesha Molino called on the committee to leave the decision on which types of bets a gambling operator can offer to the supervisory authorities.
She stated that MGM believes there are no restrictions on college and in-play betting.
“Customers already have access to all types of bets on a robust, low-impact black market,” said Molino. “To be competitive in this market, regulated gaming providers need to be able to offer consumers a product that they want.”
In defense of in-game betting and concerns that, for example, a pitcher could easily turn the next pitch into a strike or ball under a blanket of bettor without arousing suspicion, she claimed that MGM would only make suggestions that weren’t easy could be manipulated.
“As a regulated operator responsible for paying bets, we have no interest in posting bets that are easily manipulated or that raise questions about the integrity of our gaming operations.
“We are aware that no batter can do a 7th home run. Therefore, broad legislation that would restrict the categories of bets is not based on a meaningful analysis of the integrity risk.”