Tag Archives: NBA

‘Changing Times’… MGM Resorts secures historic NBA partnership

MGM Resorts International announces its second major partnership of the week, confirming that its has secured a ‘first of a kind’ sports betting arrangement with National Basketball Association (NBA). NBA Chief Commissioner Adam Silver and MGM Resorts President & CEO Jim Murren announced the partnership this afternoon in New York city. For the first time, the NBA will open its …

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LeBron’s LA dreams liven up NBA markets

The most sought after free agent in Basketball has finally chosen his next destination, and LeBron James’ decision to join the LA Lakers has had a huge impact on NBA betting markets. As reported on SBCAmericas, the move comes after James’ four years in his second stint in Cleveland and four consecutive NBA Finals (one win, three losses against Golden …

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Unanimous vote leaves New Jersey on brink of sports betting

New Jersey is on the cusp of having a fully legal sports betting framework, after its legislature voted unanimously to pass a bill that will regulate and tax sports betting at casinos and racetracks in the State. The decision now rests with the State’s Governor, Phil Murphy who is in a position where he must give final confirmation prior to the …

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Changing dynamics see NBA & MLB revise DFS investments

US news sources have reported that the NBA (basketball) and MLB (baseball) leagues will move to divest their respective stakes in daily fantasy sports (DFS) operators’ DraftKings and FanDuel. In 2015 the MLB had participated in a $300 million investment round, backing DraftKings enterprise as official ‘MLB Fantasy Sports Partner’. The NBA acquired its stake in FanDuel, supporting the DFS …

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Sportradar’s Neale Deeley: The quest for a legal, protected and competitive US market

US - Copyright: stillfx / 123RF Stock Photo

Sportradar’s Neale Deeley spoke to SBC News about the potential of a legalised sports betting market in the US, which he says has been both “overestimated” in terms of how quickly it can all become real, and “underestimated” in relation to the size of each state. For example, he notes that people know about California’s huge economy, but don’t realise that …

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BT maps out plans for new box office channel

BT Sport has announced that later this year it plans on launching BT Sport Box Office, a pay-per-view channel which will be available on BT TV and the Sky platform. This season, BT Sport retained the rights to Premier League football for a further three years, however, it appears unlikely for now that football coverage will be affected by the …

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Progressive NBA can spearhead sponsorship innovations

Showcasing an appetite for expansive and varied sponsorship deals, the National Basketball Association (NBA) recently signed a groundbreaking partnership with YouTube TV, making it the first-ever presenting partner of the NBA Finals. In a multiyear partnership, that Wendell Scott, Senior Vice President, Multimedia Sales, ESPN described as “creative and innovative”, YouTube TV will be the presenting partner of The Finals …

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Winning Post – Spain’s draft budget proposes good news for betting operators

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Gambling and gender – what crisis? Gambling has been on the wrong side of practically every issue recently, especially in the UK. Entirely separately to gambling’s regular whipping, there has been …

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AGA speaks out on illegal US sports betting industry

Copyright: tintin75 / 123RF Stock Photo

The American Gaming Association (AGA) has estimated that in excess of $10bn will be wagered by Americans in the upcoming 2018 NCAA men’s basketball tournament. Of that figure, however, only $300m, representing around 3 percent, will be wagered legally through Nevada sportsbooks, with it stated that “failed federal prohibition [is] making common criminals of millions of Americans.” In addition, it …

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Winning Post – British gambling industry undergoes structural changes

Matchbook - Copyright: ventdusud / 123RF Stock Photo

Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. UK: 2017 Participation statistics – profound structural change continues The latest Gambling Commission Participation Data demonstrates a GB sector continuing to evolve along relatively established lines. There are few …

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