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NBA Wants A Cut Of Betting On It's Games

If the ban on legal sports betting is lifted by the Supreme Court (which is expected to happen), the NBA wants a piece of the action. Throughout it's history, the NBA has been opposed to betting on basketball games in order to protect the integrity of the game. Now it says this fee that it wants placed on sports books would be to protect the integrity of the game. The NBA would like sports books to pay the league 1% of all money legally wagered on NBA games, calling it an integrity fee. But, that would be costly for sports books. Especially here in Nevada where sport wagering is already legal. The 1% fee amounts to more than 20 percent of sports book revenues, according to William Hill sports book CEO Joe Asher. In 2016, 1 percent of Nevada’s $4.5 billion sports betting handle amounted to $45 million. With the state’s sports books winning $219 million, 4.86 percent of the handle, the leagues would’ve taken 20.5 percent of their revenue.