Westgate race and sports supervisor Derek Betters talks about the Superbowl proposition bets at the Westgate Race & Sports Superbook on Thursday, Jan. 2, 2018. Richard Brian/Las Vegas Review-Journal @vegasphotograph
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If a federal ban on sports betting is lifted in the coming months, the NBA wants sports books to pay the league 1 percent of the money wagered on its games as an “integrity fee.” An NBA official, assistant general counsel Dan Spillane, made the request in written testimony submitted Wednesday in support of the passage of a sports betting bill at New York’s Senate Racing, Gaming and Wagering Committee hearing. For sports books, the “integrity fee” could be costly. The 1 percent fee amounts to more than 20 percent of sports book revenues, William Hill sports book CEO Joe Asher told the committee. “It’s a red herring when you call it an integrity fee. They want to be partners but they don’t want to appear to be partners. They’re saying they want to protect the integrity of the game by not having bookmaking. Now they want to be part of it. It doesn’t work both ways.” – Vic Salerno, a Las Vegas sports betting pioneer. Prices of straight bets could also be increased in order for sports books to turn a profit. The price on straight bets from the traditional $11 to make $10 could jump to $12 or $13 to make $10. “It has to go up or they can’t make money. I don’t know if they’ll be successful,” he said. “If the tax rate is on the handle, forget it. Kentucky wants 20 percent of the handle. We don’t hold 20 percent. It’s a very thin margin.” – Vic Salerno, a Las Vegas sports betting pioneer.
Despite the Golden Knights’ policy on autographs at City National Arena being restrictive to adults, the fans understand why it was implemented. With fans packing the team’s practices and congregating outside the players’ parking lot seeking autographs and photos, the team decided to control traffic inside and outside the facility. Camping outside by the parking lot is no longer allowed. In addition, fans can only receive autographs inside the rink in a designated area by the player benches and there is an age restriction. Only those 14 and under are allowed access to the players.
Despite the Golden Knights’ policy on autographs at City National Arena being restrictive to adults, the fans understand why it was implemented. With fans packing the team’s practices and congregating outside the players’ parking lot seeking autographs and photos, the team decided to control traffic inside and outside the facility. Camping outside by the parking lot is no longer allowed. In addition, fans can only receive autographs inside the rink in a designated area by the player benches and there is an age restriction. Only those 14 and under are allowed access to the players.
WWE’s Vince McMahon to Revive XFL in 2020 The WWE founder made the announcement at a press conference Thursday. The XFL was originally launched in 2001 and lasted only one season after struggling to meeting attendance and ratings expectations. saying “I wanted to do this since the day we stopped the other one…” Vince McMahon, WWE founder The XFL will restart in 2020 and its first season will have eight teams around the country playing a 10-week schedule. McMahon sold $100 million in WWE stock to fund Alpha Entertainment — a company he formed — last month to make investments that included “professional football.”