Legal Experts Weigh In: How Much Longer Can MLB’S Sports Betting Ad Ban Last?
Dan Etna was profiled in NJ Online Gambling, discussing the sustainability of the MLB’s ban on advertising for sports betting operators. Etna expressed that legal sports betting could create additional sources of ad revenue and media rights, but that the ban instated by Major League Baseball eliminates a major source of potential income. He explained that, “the ban on advertising affects the MLB teams on a local level, which means that’s not shared revenue. Any money a team generates in local markets goes directly in its coffers. There is absolutely tension building between the league and its teams, because the teams are missing out on a potential revenue stream.”