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The NFL and NBA see positives and negatives in a federal sports betting bill introduced in Congress last week that features promoting restrictions and prohibitions on reside wagering, in line with sources aware of the leagues’ positions.
The Supporting Affordability and Equity with Each Guess Act — or SAFE Guess Act — would prohibit sportsbook promoting from 8 a.m. to 10 p.m. and through reside sports activities broadcasts. It might additionally ban bets on particular person faculty athletes and in-game wagers on skilled or faculty sports activities, one thing the NCAA has been lobbying for in states.
The league sources count on a prolonged legislative course of with many changes to the SAFE Guess Act. The proposed ban on sportsbook promoting raised eyebrows on the leagues, in line with sources.
Sportsbooks spent an estimated $22.9 million on 66 minutes of nationwide linear TV advertisements throughout reside NFL video games the previous two weeks, in line with iSpot.TV, an organization that measures the model and enterprise affect of TV and streaming promoting. The sportsbooks’ advert spend ranked sixth amongst all industries, and the airtime ranked eighth. Each figures are down roughly 15% from the primary two weeks of final season, in line with iSpot.TV.
The elimination of reside betting — an more and more fashionable type of wagering that takes place throughout video games — can be more likely to be a sticking level for the NFL and NBA and sportsbooks, in line with the sources.
An NFL supply instructed ESPN that the league is appreciative of legislative curiosity, particularly any provisions within the SAFE Guess Act designed to assist shield the integrity of the league and assist fight recreation manipulation.
“On the similar time, although, we’re involved that there is perhaps some unintended penalties on a few of these provisions,” the league supply stated. “They’re ripe for additional dialogue.”
Main League Baseball and the NHL didn’t reply to requests for remark from ESPN.
An NCAA spokesperson instructed ESPN that the group welcomes the SAFE Guess Act, significantly the supply that bans prop bets on particular person faculty athletes, and helps nationwide requirements that “shield competitors integrity” and “educate younger individuals concerning the risks of sports activities betting.” Betting on particular person collegiate gamers is banned in 18 of the 38 states that provide authorized betting, in line with the NCAA.
An NBA supply instructed ESPN that the league is monitoring the laws and believes it’s “at the place to begin to a really prolonged course of.”
NBA commissioner Adam Silver emphasised his continued assist for a federal framework for sports activities betting on the league’s board of governors assembly Sept. 11, saying the “hodgepodge” of state-by-state rules makes monitoring betting tougher.
Silver turned the primary appearing league commissioner within the U.S. to come back out in assist of legalizing sports activities betting almost 10 years in the past, in an op-ed in The New York Instances.
“I actually do not remorse writing that op-ed and being in favor of legalized sports activities betting,” Silver stated on the board of governors assembly.
The SAFE Guess Act was launched final week by Rep. Paul Tonko, D-N.Y., and Sen. Richard Blumenthal, D-Conn., who’re alarmed by will increase in calls to drawback playing helplines as authorized betting has unfold to 38 states and the District of Columbia.
