Network operators at Nets and Barclays Center have long considered sports betting for Brooklyn. For example, they registered the trademarks “Brooklyn Gaming” and “Bet on Brooklyn”, both of which are good for internal betting.
And before he and Joe Tsai split in November 2019, CEO David Levy put forward his vision for gambling in Flatbush and Atlantic, suggesting that Barclays could have a sportsbook once New York state and city approve betting in arenas and stadiums near its entrance and mobile sports betting from arena seats with 5G.
Well, reports Norman Oder of Atlantic Yards / Pacific Park, Brooklyn Events Center, the arena operating company, has put its money into this matter and has lobbied both the state and the city. Both are considering legalizing sports betting to help reduce the huge deficits that have emerged during the pandemic. Governor Mario Cuomo said earlier this week that sports betting could raise hundreds of millions of dollars in the treasury. In fact, sports betting is booming in New Jersey, recently exceeding revenue in Nevada.
In fact, Oder found lobbying records from the Brooklyn Events Center showing that lobbying began last year …
Atlantic Yards / Pacific Park report
Accompanying documents show lobbyists are paid $ 7,500 a month and have been at work since last spring. Or also reports that “Madison Square Garden is also committed to ‘gaming’ and other topics.”
In addition to state and municipal facilities, the Nets and Knicks would need to get approval from the NBA, but with league revenue hurting with no fans in attendance, it doesn’t seem like a huge problem. And the prospect of gambling could attract more fans to live events.