Tag Archives: NBA

Kambi seeks to become ‘clutch player’ of NBA betting

Stockholm-listed sports betting platform and software provider Kambi Group Plc views the start of the new NBA season as yet another early pacesetter for the liberalised US betting market. The technology group has revamped its entire NBA markets inventory, seeking to bring new betting dynamics to the unique sport of basketball. Kambi states that it has developed the sector’s most comprehensive …

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PointsBet makes big NJ opening noise with Allen Iverson

Introducing itself to the regulated New Jersey betting market, Australian sportsbook PointsBet (pointsbet.com) has recruited the services of NBA legend Allen Iverson. The new Garden State incumbent plans to release its first US online sportsbook property this November. Prior to its official sportsbook launch, PointsBet will host a free-to-enter $1 million NBA sweepstake, allowing sports fans to pick the 8 …

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Chuck Schumer’s ‘federal framework’ receives mixed reception

US debate and discussion has expanded with regards to developing a ‘federal sports betting framework’, following Democratic Party Senate Leader Chuck Schumer’s proposal of an initial mandate. One of the highest ranking Democrats, Schumer leads party policy development as leader of the ‘Senate Democrat Committee’. On Wednesday, Schumer unveiled to ESPN a memo which proposed initial provisions for the development …

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Sportcast powers multi betting boost for Ladbrokes Australia

Amazing - Copyright: wavebreakmediamicro / 123RF Stock Photo

Technology from Sportcast has helped Ladbrokes Australia to launch the industry’s first limitation free accumulator betting product. The operator’s Multiverse platform enables punters to combine any selection, including Same Game Multis powered by Sportcast and singles bets from any sport or racing event, within the same accumulator. After adding selections, punters can switch on or off any combinations of singles …

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CBS enjoys advertising benefits since PASPA repeal

Since the repealing of PASPA, the progress of US sports betting in the country has been significant and although it’s far from complete, it’s already proving a profitable source for broadcasters in the States. Issuing a corporate update, CBS outlined that in Philadelphia it has reaped the benefits of adverts related to betting products, revenue that it anticipates will be …

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‘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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