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Luc Robitaille On The Possibilities Ahead If Gambling Revenue Takes Hold

from Greg Wyshynski of ESPN,

Appearing on the ESPN ON ICE podcast, Los Angeles Kings president Luc Robitaille said there could be a windfall of revenue in the NHL if hockey wagering takes hold.

"If teams profit, then everybody will profit," he said. "If you go by the numbers on the illegal part, it's pretty significant. If that part ends up on the team side, I think it's going help everyone. First of all, the [salary] cap will go up. Fans will be happy. Teams will spend more money on players. Players' salaries will go up."

But Robitaille believes that the revenue created around sports wagering -- advertising, sponsorships and the like -- could be so considerable that the savings might be passed on to the fans.

"You would think this would help with always putting the pressure on fans to keep paying ... hockey is still a ticket business, primarily. Hopefully that helps offset some of the ticket pricing. I'm not sure about it, but it could if the money is significant enough. There's a lot that could go around it," he said.

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Filed in: NHL Teams, NHL Talk, NHLPA, | KK Hockey | Permalink
  Tags: luc+robitaille

Comments

awould's avatar

The billionaire owners will make so much more money that they might cut ticket prices for the fans?! Cause that’s how they got rich the first time.

Posted by awould on 11/07/18 at 10:55 PM ET

Avatar

“If teams profit, then everybody will profit,”

Lets not get carried away here. This is a zero sum game. If somebody is profiting based on gambling, someone else is losing.

Posted by evileye on 11/08/18 at 10:08 AM ET

TreKronor's avatar

“If teams profit, then everybody will profit,” he said.

Except for the gamblers who lose money.

Posted by TreKronor on 11/08/18 at 10:31 AM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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