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The messenger for this new demand, Sports Handle has learned, has been the Switzerland-based Sportradar itself. The company has advised certain Nevada sportsbook operators about the new fee at the NBA’s directive.
Sources say Sportradar approached multiple sportsbook operators that have purchased the company’s betting data feed called Betradar, and used it to access the NBA data feed, with the new terms before the start of the NBA playoffs.
Around the same time, Sportradar, doing the bidding of Major League Baseball, told certain Sportsbooks they will need to fork over a “royalty” of 0.25 percent of wagers taken on MLB contests for access to the league’s official feed through Betradar, sources said. These conversations remain ongoing.
“What I’ve heard, and people are reluctant to go on record, is that the leagues are demanding that to get the official Betradar data feed, you now have to pay a quarter percent of handle,” said Robert Walker, Director of Sports Book Operations for Nevada-based bookmaker USBookmaking. “I’ve heard that the leagues, which would be the NBA and MLB, want a fee for in-game wagering data, in addition to the existing fees.”
Walker previously ran some of the largest Sportsbooks in Nevada including those at the MGM Mirage and for Boyd Gaming.
“My sources tell me the demand is coming from the data provider, Betradar,” Walker explained. “I don’t know if the leagues actually reached out themselves. I think they’re strong arming Betradar, who is coming back and saying this is what we have to get.”
MLB and Sportradar did not immediately respond to Sports Handle‘s request for comment for this story.
The messenger for this new demand, Sports Handle has learned, has been the Switzerland-based Sportradar itself. The company has advised certain Nevada sportsbook operators about the new fee at the NBA’s directive.
Sources say Sportradar approached multiple sportsbook operators that have purchased the company’s betting data feed called Betradar, and used it to access the NBA data feed, with the new terms before the start of the NBA playoffs.
Around the same time, Sportradar, doing the bidding of Major League Baseball, told certain Sportsbooks they will need to fork over a “royalty” of 0.25 percent of wagers taken on MLB contests for access to the league’s official feed through Betradar, sources said. These conversations remain ongoing.
“What I’ve heard, and people are reluctant to go on record, is that the leagues are demanding that to get the official Betradar data feed, you now have to pay a quarter percent of handle,” said Robert Walker, Director of Sports Book Operations for Nevada-based bookmaker USBookmaking. “I’ve heard that the leagues, which would be the NBA and MLB, want a fee for in-game wagering data, in addition to the existing fees.”
Walker previously ran some of the largest Sportsbooks in Nevada including those at the MGM Mirage and for Boyd Gaming.
“My sources tell me the demand is coming from the data provider, Betradar,” Walker explained. “I don’t know if the leagues actually reached out themselves. I think they’re strong arming Betradar, who is coming back and saying this is what we have to get.”
MLB and Sportradar did not immediately respond to Sports Handle‘s request for comment for this story.
