Former NBA Chief Commissioner David Stern has urged the US government to introduce federal regulations for sports betting, backing current NBA Commissioner Adam Silver’s calls for federal reforms. David Stern who was the longest serving NBA Commissioner (20 year governance) made his supportive comments on CNBC’s Morning Show. Former Commissioner Stern is thought to be one of the most influential …
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NBA Commissioner wants sports betting legalised
NBA Commissioner Adam Silver has broken ranks from the rest of the US sports fraternity again and called for sports betting to be legalised and regulated. In an Op-Ed piece for the New York Times, Silver said that the country needed a different approach to the current prohibition. Silver, who has spoken of his support for sports betting before, commented: …
Read More »US Pro Leagues launch new challenge against New Jersey
On Monday, New Jersey state saw the approval and passing of the sports betting bill by Governor Chris Christie. However the controversial bill is set to meet a new challenge as the four major US sports leagues (NFL, NHL, NBA, MLB) and the College Athletic NCAA filed a motion against the authorisation of the bill. The sporting associations wish to …
Read More »US sport leagues oppose New Jersey sports betting
The four major US sports leagues (NHL,NFL,NBA,MLB) and the NCAA have filed a federal court motion to block New Jersey sports betting in licensed state gambling enterprises (casinos and racetracks). A statement by the sporting leagues was sent to US news media outlets, reporting that the leagues had asked for federal courts to block any actions which favoured sports betting …
Read More »Pinnacle Sports: Brazil bigger than Euros and South Africa combined
Phil Hudson, Acquisitions Manager at Pinnacle Sports, discusses his firm’s decision to open up the World Cup Final to $1million bets. Do you anticipate the World Cup Final to be your biggest ever betting market? Yes, we fully anticipated volume to exceed both Euro 2012 and World Cup in 2010 combined, with live and mobile components of that making significant …
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