Yahoo Finance reports that Major League Baseball is re-examining its stance on gambling according to commissioner Rob Manfred.
Manfred indicated at the Yahoo Finance All Markets Summit that MLB was “monitoring the issue and re-thinking pro baseball’s long-held stance on the issue.”
The call for possible federal regulation falls in line with the NBA’s Adam Silver opining a sentiment on behalf of the league he oversees.
Baseball’s commissioner noted that it can be a way of “fan engagement” and “fuel the popularity of the sport.”
He recognized that sports gambling, including baseball, will happen whether or not there is regulation and it’s something that the league will consider moving forward.
The obvious questions loom about regulation which would help retain integrity of the sport while also providing a stream of revenue for the league. But the question of the vice of gambling as well as the perception of the sanctity of the game will be considered as opposing viewpoints.