This scam is well known and self inflicted. Those with the money and responsibility have relinquished total control. Reminds me of the similar arrangement of Formula 1 with Bernie Ecclestone when in fact the car manufacturers should have been the sole beneficiary of all the revenues.

Of course there probably was some greasing the palms in the beginning to create this racket and flywheel.

https://en.wikipedia.org/wiki/Bernie_Ecclestone