Owners Of The Dan Best Operation Possibly To Find They Have A Problem As They Seek New Acquisitions In United States
Liberty Media’s recent bid to acquire the Atlanta Braves, the major league baseball team, may fail due to the company’s having previously owned the sports betting operation, Don Best. This was recently reported by the Denver Post.
Don Best.com is an advisory and information service especially designed for gamblers. As such, it is a leading Internet information source for sports-betting. When it comes to purchasing a professional sports operation, also having control of a sports-betting concern can be construed as representing a conflict of interests.
The main factor at the sports-consulting firm, Denver-based Adrenalin, Dave Smrek, has been reported as saying that he thinks that any Major League Baseball club in this position would have to strongly consider whether or not such a relationship is feasible. According to him, this is an issue that badly needs to be dealt with.
Liberty Media has agreed to purchase the Atlanta Braves from its current owner, Time Warner. This is a deal that has been structured but such a swapping of an asset by Time Warner will require approval on the part of a minimum of 75 percent of the remaining major-league team owners, which seems iffy since it is a known fact that Major League Baseball does not look kindly on teams that have ties with betting establishments.
When asked what he had to say in regard to the function of Don Best and who it might potentially affect the Braves purchase, a spokesman of Liberty Media, John Orr, said that the company did not wish to comment. Fun Technologies, which has its home in Toronto Canada, is the operator of Don Best. Last year Liberty Media paid $195 million to gain a 51 percent stake in Fun Technologies.
It is only legal at casinos in Las Vegas that are running sports books if you wish to bet on major league sports like baseball in the United States.
Through Don Best you have the opportunity to bet through such offshore organizations for sports betting as Sportsbook.com and TheGreek.com.
Sports consultant Smrek adds that Liberty Media can always divest itself of Don Best which would not be a problem, if it is acting as a block to its acquisition of the Braves. He says that it would be no problem for them to do so.
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