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US sports leagues could reap $4.2 bn a year from legal betting: Report

The findings could add fuel to a long-simmering feud between the gaming industry and American sports leagues over whether to share revenues

Reuters  |  New York 

The four major US professional sports leagues could reap a combined $4.2 billion annually as a result of legal sports betting, most of it indirectly from increased fan engagement, according to a casino industry survey to be released later on Thursday.  The National Football League stands to make the most, with a projected $2.33 billion of additional annual revenue, according to the study seen by Reuters. Major League Baseball, the National Basketball Association and the National Hockey League would account for the rest.   The Nielsen Sports survey was commissioned by ...

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First Published: Thu, October 18 2018. 15:16 IST