The US’ NBA and National Basketball Players Association (NBPA) have announced a partnership with blockchain-based fantasy sports platform Sorare. As the Official NFT Fantasy Partner of the NBA under the terms of the multi-year partnership, Sorare will develop a free-to-play digital collectible-based fantasy basketball game for the league. The Sorare: NBA product will be launched this winter ahead of the …
Read More »Tag Archives: Adam Silver
GVC & MGM platform to power sports betting for Yahoo Sports
Verizon Inc digital media property Yahoo Sports has this morning confirmed that it has entered a strategic partnership with MGM Resorts to power the launch of its imminent sports betting vertical. The agreement sees Yahoo Sports become a ‘digital media partner’ of MGM Resorts, with Verizon’s sports publisher set to launch sports betting functionalities across its Yahoo Sports app this …
Read More »NBA confirms data deals with Genius Sports and Sportradar
Sportradar and Genius Sports have become the NBA’s first betting data partners in the US, with both gaining non-exclusive rights to distribute official NBA betting data to the country’s licensed sports betting operators. Commencing at the start of the upcoming NBA season, Genius Sports and Sportradar will work closely with the NBA to ensure those who choose to bet on sports legally have …
Read More »Experts call for thought-out approach to sports betting regulation in the US
Jake Williams, head of legal for the US at Sportradar, said that alignment with the major US sports leagues was a good idea for sports betting stakeholders, but stopped short of taking sides in a hot debate over the presence or absence of an integrity fee and official data. Speaking at last month’s Betting on Sports conference, Williams defended the …
Read More »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 …
Read More »‘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 …
Read More »Adam Silver backs ‘1% integrity fee’ as NBA’s intellectual property protection
ESPN Sports Business Analyst Darren Rovell has published a brief transcript taken from a media Q&A with NBA Chief Commissioner Adam Silver during the league’s union address. Commissioner Silver was asked for clarity on the 1% fee which NBA league executives are reported to want to implement, should licensed sports betting be legalised by the US Supreme Court of Justice. …
Read More »NBA Counsel calls for a smart rethink of US betting
Dan Spillane the General Counsel of the NBA has detailed to the New York Senate on Racing and Gaming, that the NBA believes that the ‘time has come for a different approach’ to sports wagering. Having studied the subject matter for a number of years, the NBA’s governance seeks to act on the front foot with regards to developing US …
Read More »New Jersey’s PASPA repeal becomes a high stakes ruling for all US states
The Supreme Court Justices’ review of New Jersey repealing the provisions of the 1992 ‘Professional and Amateur Sports Protection Act (PASPA)’, has become a high stakes battle for all federal US states. A report published by US gambling research consultancy Eilers & Krejcik Gaming has indicated that 18 states may move to introduce licensed sports betting bills, with 11 having …
Read More »Top Agenda…US Big 4 discuss legalising sports betting
Since the Supreme Court agreed to rehear New Jersey’s state appeal for legalising sports betting last June, the agenda for ‘licensed US betting’ has been placed at the forefront of US Pro-League Commissioners. This week In New York, the Chief Commissioners of the ‘Big 4’ Leagues; Roger Goodell (NFL), Adam Silver (NBA), Rob Manfred (MLB) and Gary Bettman (NHL) will meet …
Read More »