Sep 4, 2014, 7:31 PM EDT
NBA commissioner Adam Silver believes that legalized sports betting beyond Las Vegas is coming, and when it does, he has no reservations about the league participating.
Professional sports leagues in the states have traditionally been opposed to the legalization of gambling on their events, because in addition to it being publicly unsavory, it could potentially open up a whole host of problems.
Silver hasn’t exactly said he’s in favor of it, but as he continues to show an exceptional degree of pragmatism in his early months as commissioner, he said that this is something he sees coming, and will embrace it the moment that betting on the sport he governs becomes an acceptable legal option.
While the NBA did not support New Jersey Governor Christopher Christie’s plan to implement sports gambling, the league does expect to face and profit from the broadening of legal sports gaming in the U.S., Silver said at the Bloomberg Sports Business Summit in New York.
“It’s inevitable that, if all these states are broke, that there will be legalized sports betting in more states than Nevada and we will ultimately participate in that,” said Silver, 52. …
“If you have a gentleman’s bet or a small wager on any kind of sports contest, it makes you that much more engaged in it,” Silver said. “That’s where we’re going to see it pay dividends. If people are watching a game and clicking to bet on their smartphones, which is what people are doing in the United Kingdom right now, then it’s much more likely you’re going to stay tuned for a long time.”
The benefits to league growth that Silver mentioned are indeed very real; just ask the NFL about that.
Professional football in the states is essentially designed for gamblers. In addition to the weekly point spreads, fantasy football is more popular than ever, and gives millions of fans a stake in multiple games that they would otherwise have little to no interest in caring about at all.
If legalized sports betting becomes more widely available, then Silver is right to get behind it this far in advance. The oddsmakers in Vegas are the first to police the industry, in that the moment big money starts rolling in on one particular game, they immediately know something is up. Legalization keeps everything honest in this regard, and while some will see Silver’s remarks as a negative, in reality, he is simply seeing the future.
May 3, 2015, 12:58 AM EDT
Tell me again how he can’t win the big one.
May 2, 2015, 11:53 PM EDT
There’s not going to be a better series these playoffs.
May 2, 2015, 10:56 PM EDT
It was going to take a shot like that to win this, the best first-round series in recent memory.
May 2, 2015, 9:03 PM EDT
He was out for eight minutes the Clippers were only -2.
May 2, 2015, 8:30 PM EDT
Dudley has player option for $4.25 million for next season, but hopes to back in Milwaukee regardless.
May 2, 2015, 7:00 PM EDT
The Warriors (and the Bulls, and the Hawks) may have something to say about that.
May 2, 2015, 5:30 PM EDT
Portland was very good with Matthews healthy this season, but he’s now an unrestricted free agent, and it’s unclear how high the Blazers will go to retain his services.
May 2, 2015, 4:00 PM EDT
Changes are ahead in Brooklyn, and Johnson sees them coming.
May 2, 2015, 2:39 PM EDT
Well-deserved, but somehow Dunleavy comes away unscathed.
Nets coach Lionel Hollins on whether it took too long for his team to figure things out: ‘Did we make the playoffs?’
May 2, 2015, 2:00 PM EDT
Hollins was defiant after the Nets were eliminated from the postseason, and believes the fact that they made the playoffs at all was an achievement worth noticing.
May 2, 2015, 12:30 PM EDT
Korver’s hot start was indicative of how things would go.
May 2, 2015, 11:00 AM EDT
Dunleavy hit Michael Carter-Williams in the neck early in Chicago’s Game 6 win over the Bucks.
May 2, 2015, 9:30 AM EDT
Does Blake Griffin have another big fourth quarter in him.
May 2, 2015, 8:00 AM EDT
The guy Rose was guarding shot only 39 percent for the Bucks.
May 2, 2015, 12:01 AM EDT
Impossible to believe.
May 1, 2015, 10:34 PM EDT
Atlanta’s elite offense returned, and Brooklyn had no answers.
May 1, 2015, 9:45 PM EDT
An earlier report emerged that said the Celtics planned on trying to trade for Cousins this summer.
May 1, 2015, 8:45 PM EDT
Clippers bench is very thin as it is.
May 1, 2015, 7:45 PM EDT
Derrick Rose and Jimmy Butler repeatedly found their way into the paint and were able to convert at the rim.
May 1, 2015, 6:44 PM EDT
This is just a bad matchup for Memphis.
- Hobbled Chris Paul, Clippers’ role players do just enough to dethrone Spurs in Game 7 1
- Chris Paul banks in game winner to lift Clippers past Spurs (VIDEO) 20
- PBT Extra: Can Clippers build on Game 6 win? 2
- PBT Extra with NBASavant.com: Derrick Rose got it done on both ends in first round 2
- Hawks eliminate Nets from playoffs with blowout victory in Game 6 9
- PBT Extra: Clash of styles favors Warriors over Grizzlies 4
- PBT Second-Round Playoff Previews: Golden State Warriors vs. Memphis Grizzlies 3
- PBT Extra: Bulls have shot to upset Cavaliers 16