76woodenspooners
Brownlow Medallist
It's about gambling ultimately.
But they don't make the money from the gambling itself, as US bookies don't have to pay them a cut like they do here. They make money if punters watch it whilst betting on it.
In other words …
They make money off broadcast rights (including streaming) …
… and the value of the broadcast rights depends on the value of the product to the advertisers …
… and a lot of advertising revenue has come from the gambling companies …
… so in order to increase broadcast venue, pitch to the gambling companies?