Furthering its presence in the US sports market, daily fantasy sports operator FanDuel has announced that it has agreed an exclusive 4 year partnership with the NBA. As part of the high coverage agreement, the NBA will gain an equity stake in FanDuel, who are currently valued at $1 billion by venture analysts. FanDuel CEO and Co-Founder Nigel Eccles commented …
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NBA drops opposition to Canadian sports betting bill C290
The NBA has become the first US pro league to openly drop its opposition towards the Canadian single sports betting bill C290. Following the conclusion of the NBA 2015 Finals this week, the Canadian Gaming Association disclosed a statement noting the support of NBA for sports betting in Canada “as long as there is an appropriate legislative framework that protects …
Read More »Silver gains sports betting support from NBA owners
Having stated his support for opening US sports betting markets and allowing betting wagers on professional sports, NBA Chief Commissioner Adam Silver appears to have gained support on the subject matter from several NBA franchise governance and owners. In a recent interview with online sports portal Bleacher Report Radio, La Lakers President Jeanie Buss stated approval for Adam Silvers pro-stance …
Read More »Las Vegas gears up for monumental 2nd May betting weekend
Licensed Nevada sports betting enterprises are expecting between $50-$60 million to be wagered on the 2 May mega fight between Unbeaten Floyd ‘Money’ Mayweather vs Manny ‘Pac-Man’ Pacquiao. Licensed Las Vegas sportsbooks expect the weekend of 2 May to rival betting wagers placed on this year’s NFL Super Bowl. Last week Mayweather vs Pacquiao fight officials revealed that the fight …
Read More »ESPN poll reveals 63% of pro athletes support legalised US sports betting
A US professional sportsmen poll conducted by ESPN News has revealed that 63% of athletes believe that sports betting should be legalised. ESPN conducted a set of betting related questions to a pool of 73 NBA, MLB, NFL and NHL players. 63% of the athletes questioned believed that sports betting should be legalised in the US, taking on-board an opposite …
Read More »National Basketball Players Association opens sports betting discussion
Michele Roberts the Executive Director of the National Basketball Players Association (NBPA) told ESPN Radio that the body had begun to engage players in discussions regarding the possibility of allowing sports betting on matches. Roberts’ statements follow NBA Commissioners Adam Silver ongoing public support for legalised sports betting to enter the US sports market. Roberts stated that at present the …
Read More »Tipster Profile: Federico Parini – Basketball is least affected by chance
Basketball expert and Bet Advisor Senior Tipster Federico Parini explains the methodology behind his tipping and how he discovered that the NBA is the perfect league for his approach. How did you first get into sports betting ? I started to get interested in sports betting about 10 years ago. Like many people, initially it was just for fun, then I …
Read More »NBA chief trying to persuade other sports on betting legalisation
Outspoken NBA Commissioner Adam Silver has been trying to persuade other US sports to take a look at legalising sports betting in order to bring all the illegal betting that currently takes place in to a transparent and regulated environment. Speaking with ESPN, Silver suggested that the other sports were willing to at least take a look at his idea. …
Read More »Fanduel generates $37 million in Q4 2014 revenues
Fantasy sports operator FanDuel announced a record breaking $37 million in revenues for its final quarter 2014 performance (up 13% on Q4 2013 -$29.6 million). The Edinburgh founded company which offers daily fantasy sports prizes has witnessed increased player numbers and player activity, as the Fanduel created high coverage partnership with US sports franchises and released a mobile game apps. …
Read More »Bet Advisor – Form Table Week 12 – NBA Spotlight
Bet Advisor Tipster of the Week is horse racing expert Alec Pearce who SBCNews featured last week. However the Bet Advisor tipster stable has such depth that it can cover any sports betting market. This week we have focused on highlighting basketball tipping as a new NBA season gets under way. So If you want some solid and sound betting …
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