One of the world’s most famous sports venues, Madison Square Garden in New York, could be about to enter the world of sports betting.  

The Madison Square Garden management are seeking to trademark the ‘MSG’ name, and analysts are suggesting that this could be a preparatory move before the venue launches itself into the growing sports betting market in the US. Responding to the speculation, a spokesperson for Madison Square Garden acknowledged that the company were looking into sports betting: 

“We have said we’re very interested in the opportunities legalized sports gaming could bring, and recognize that we have a brand, in MSG, that is recognizable around the world for its connection to iconic sports.” 

In the filing, which was made with the US Patent and Trademark Office, Madison Square Garden is seeking to trademark the MSG name for the purposes of mobile sports wagering apps, providing relevant sports betting information, and for the arrangement of sports betting tournaments. 

Although sports betting has been legalised in several US states following the striking down of the PASPA Act by the Supreme Court in May last year, it is not yet legal in New York, though it is expected that progress will be made on the regulatory front during 2019.

Image sourced from 123RF.

Published by Ian Harrison

Ian has been writing for various online publications for nearly a decade. Aside from writing about the latest happenings in the gambling world he is a keen runner and loves travelling. Contact him at ian@bettingreporter.com.

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