The owners have embraced sports gambling.
Remember when sports leagues were so opposed to gambling that sports leagues and amateur organizations such as the NCAA sent lobbyists to Congress and state legislatures to make sure laws were on the books to prevent states from legalizing sports gambling? Remember when NBA Commissioner David Stern had doubts about expanding into Toronto and Vancouver because Ontario and British Columbia had forms of sports gambling in the 1990s? Remember a decade ago when Delaware elected officials decided to open sportsbooks in the state and the NFL and NCAA moved quickly through the courts to shut down Delaware’s plan? Remember when New Jersey voters said yes to establishing sportsbooks in the state in 2011 only to see it never implemented because the NFL sued and won in a court to stop the voters will? Remember when the NCAA threatened to pull Division II and III championship events from New Jersey because voters said yes to legalized sports gambling?
Seems all of the sports morality or integrity ended when the Supreme Court of the United States about a year ago ruled in New Jersey’s favor and opened up the floodgates to legalized sports gambling. Sinclair, which intends to buy the Walt Disney Company’s 21 regional sports TV networks and acquire a lot of sports inventory, may include a sports betting in play element in game telecasts. FOX Sports is becoming partners with a sportsbook. Sports owners have gone all in. There are partnerships with casinos and they have deals with fantasy sports groups. But there seems to be something forgotten. For gambling to work, the gambling businesses need gamblers. In the rush to the betting goldmine, is it creating new gamblers and will that create significant gambling addiction and loss of money problems? In the sports business it seems not to matter. Because the gambling money is lining the business’s pockets.