Sep 4, 2014, 7:31 PM EST
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.
Dec 28, 2014, 10:30 PM EST
Flip Saunders said this a few weeks ago, too, but Rubio isn’t ready to stick to a timeline just yet.
LeBron, after Cavaliers lose by 23 at home to Pistons: ‘Right now we are not very good. In every aspect of the game’
Dec 28, 2014, 9:00 PM EST
An ugly home loss to a dismal Detroit team has LeBron telling it like it is.
Dec 28, 2014, 7:30 PM EST
It had been brewing for a while, but it still caught most of us by surprise.
Dec 28, 2014, 6:00 PM EST
Nice move by the Lakers, who pick up a promising big man prospect with an inexpensive non-guaranteed contract.
Dec 28, 2014, 4:29 PM EST
Knee injury suffered on Christmas Day will continue to keep Irving sidelined.
Dec 28, 2014, 3:30 PM EST
Bryant has uncharacteristically sat out the previous three games simply to rest.
Dec 28, 2014, 2:00 PM EST
West shoved Garnett at the time, but was in a joking mood afterward.
Dec 28, 2014, 12:30 PM EST
Cousins had it all working in this one.
Dec 28, 2014, 11:00 AM EST
It was a risky move by head coach David Blatt.
Dec 28, 2014, 9:30 AM EST
Western Conference ends season with huge advantage, begins another right where it left off
Dec 28, 2014, 8:00 AM EST
He was an offensive force Saturday. Who knew?
Dec 28, 2014, 12:28 AM EST
The Magic still won the game.
Dec 27, 2014, 10:25 PM EST
Just like Lance… and you really shouldn’t imitate Lance.
Dec 27, 2014, 9:00 PM EST
He’s done it twice in the last two games.
Dec 27, 2014, 8:02 PM EST
A sports hernia kept him out of training camp and the rookie has never caught up with the learning curve.
Dec 27, 2014, 6:30 PM EST
Stephenson has missed the last four games.
Dec 27, 2014, 5:03 PM EST
Will the Lakers’ offense resort to stagnation?
Dec 27, 2014, 3:30 PM EST
Anthony Davis has arrived.
Dec 27, 2014, 2:00 PM EST
Stuckey says the trade robbed the locker room of accountability.
Dec 27, 2014, 12:30 PM EST
LeBron James was in “chill mode” and this team is vulnerable when he is.
- LeBron, after Cavaliers lose by 23 at home to Pistons: ‘Right now we are not very good. In every aspect of the game’ 19
- Paul Pierce ‘shocked’ by Celtics trade of Rajon Rondo to Mavericks 11
- Kobe Bryant will return to Lakers lineup Sunday vs. Suns 14
- Kevin Love benched entire fourth quarter of Cavaliers win over Magic 27
- PBT’s Top 10 NBA stories of 2014, No. 10: Anthony Davis’ breakout 19
- Rumor: Ray Allen leaning toward retirement, not return 12
- Josh Smith makes Rockets debut, throws down two-handed dunk (VIDEO) 15
- Carmelo Anthony on the Knicks: “The fans are dying, we’re dying” 20