Endorsed by Gambling911

Adam Silver on Gambling and the NBA: ‘Good for Business’

Written by:

Aaron Goldstein

Published on:

Apr/20/2015

Adam Silver on Gambling and the NBA: ‘Good for Business’

NBA Commissioner Adam Silver has doubled down on his initial stance that sports betting should be legalized in the U.S.

Silver stunned many after writing an op-ed piece in the New York Times last fall suggesting that sports gambling should be “brought out of the underground”.

On Monday, the NBA Commissioner took things one step forward.

"It's good for business, I don't want to hide from that," Silver said on the Boomer & Carton show Monday morning.

"I did speak to all the other commissioners," he added. "There was a range of reactions. Some were, ‘What are you doing?' Others were, ‘Let's study it, seems like an interesting idea.' And that is not that we're necessarily out there promoting sports betting, but the latest estimate is there's somewhere between $300 and $400 billion a year being bet on sports in this country."

The NBA has already dipped its toes into the world of gambling in a sense by entering into sponsorship deals with daily fantasy sports company DraftKings.com.

- Aaron Goldstein, Gambling911.com

Gambling News

Chip Grabbing Felon Latest to Make the Infamous Vegas Black Book

Neal Ahmed Hearne is the latest name to be entered into the book.

NFL Reinstates Players Who Violated Gambling Policy

Quintez Cephus, C.J. Moore, Demetrius Taylor, Rashod Berry and Shaka Toney can now play once again though only one of the five is under contract with an NFL team.

Did ’Ndrangheta Mafia Infiltrate Canadian Banks?

‘Ndrangheta mafia’s infiltration into the lucrative Malta i-gambling industry was revealed over the last year.

Exploring the Best Online Casinos in Australia

Explore the world of internet gambling with the help of a well chosen guide written by gaming enthusiasts. This in-depth investigation examines the best Aussie gamers can play at online casinos, all of which have been screened for game selection, security, customer support, and special offers.

The Excitement of Sports Betting and Casino Gaming

The thrill of a close game and the intense excitement of waiting for the final play to unfold—sports betting adds a layer of anticipation to watching sports that countless fans find irresistible. Similarly, the allure of casino gaming, with its mix of chance, strategy and the potential for big wins, such as in the new game aviator, attracts players from all walks of life. These pastimes offer a diverse form of entertainment rich in excitement, skill and the thrill of the unknown, captivating a global audience.