McKayCurnowGoal
Debutant
- Jun 3, 2019
- 68
- 176
- AFL Club
- Carlton
One close friend of mine is general counsel at a large online betting mob, they pay around abouts $250-300k a week to the AFL in "royalties", depends on the round and the betting interest that's been generated. Thats just one agency, so do your own speculative sums.
Will be even more when the new broadcast rights deals are negotiated, what they get now is just the "not quite under the table but keep it hush hush" money
$300k per week is about $8m a year (including finals). There would be no more than 5 betting agencies with the clientele to afford that so you are talking $40m a year. That is the revenue of a club. So basically betting supports 1 of 18 clubs. Though of course this ignores TV advertising. Pretty sure Channel 7 isn't paying $1b for tv rights if gambling advertisements are banned.
So those that want to ban gambling advertising - are you happy to pay a subscription fee for the footy?