Casino News: Braves Deal a hassle for Liberty Media

Denver Post staff writer reports that Liberty Media may have to encounter some obstacles while acquiring the leading baseball team Atlanta Braves. Ownership of this basketball team goes to Don Best.com, which is a major gambling advisory and information service. But, while acquiring a professional sports team this could be an issue of conflict.

Dave Smrek, principal of a Denver-based sports-consulting firm named Adrenalin said that,” I think Major League Baseball would have to take a long, hard look at it. In one way or another, it needs to be addressed."

Liberty Media is in need of approval from 75 percent of other leading-league team owners in order to acquire Atlanta Braves. Time Warner can only give it to Liberty as part of an asset swap. Interestingly, Major League Baseball has always declined its team’s collaboration with any gambling service.

John Orr, spokesperson of Liberty Media wrote, "We have no comment”, in a reply to mainstream media questions regarding the operating activity of Don Best & supposed impact on the present deal. Fun Technologies situated in Toronto operates Don Best. Liberty paid $195 million was paid by Liberty Media in the year 2006.

Only Las Vegas based casino sports books are allowed to bet in popular sporting activity such as baseball, according to US law.

TheGreek.com and Sportsbook.com are example of two such offshore sports book operated by Don Best

Liberty Media can also deprive Don Best if required, while approving the Braves deal approved. According to Smrek, "For them, this is a pretty small play”.