NBA Becomes First American Sports League to Get Betting Sponsor

Submitted by Guest on

Written by :

Guest

Published on :

The National Basketball Association (NBA) has become the first US sports league to partner with a betting firm.

Darren Rovell and David Purdum of ESPN reported Tuesday afternoon, commissioner Adam Silver announced that the league struck a deal with MGM that will give the gaming company rights to use league highlights, names, logos and its direct data feed, as well as exclusively market itself as the official gaming partner of the NBA and WNBA. The deal was worth $25 million.

They write:

Allowing use of league logos and team names on boards at MGM casinos is a first for a major American sports league. The logos and league highlights will also appear on an MGM sports betting app, which will be available to states that approve online sports betting. As of now, only Nevada offers legal mobile sports betting, but sports betting operators in New Jersey are expected to launch mobile apps at some point in August.

- Don Shapiro, Gambling911.com

 

Business & Financial
Gambling Companies
Gambling News
Sports
NBA

betonline Ace Per Head pro bookiesBetMania 

betphenix sportsbetting skybookamericascardroom

Related Content

Bet on All Things Jensen Huang, NVIDEA: Next CEO, Net Worth, Testifying Before Congress

Bet on All Things Jensen Huang, NVIDIA: Next CEO, Net Worth, Testifying Before Congress

Shocking news in the world of AI as Nvidia CEO Jensen Huang resigns after his affair raises national security concerns. Ian Buck leads the way but with only a 35% chance at the prediction markets.
Bet When Jensen Huang Will Leave Nvidia CEO

Bet When Jensen Huang Will Leave Nvidia CEO

Traders at the prediction market Kalshi are giving Nvidia CEO Jensen Huang a 35% chance of stepping down before January 1, 2028. That's just over two years from now and those odds are still low.
Crash test dummy at laptop

Pay Per Head for Dummies

Gamblilng911.com looks at the benefits of using a Pay Per Head throughout the year, and it is here where we need to impress upon folks that sports betting does NOT end when the Super Bowl winner is declared. 
Bet25.com Launches Zero Margin Sportsbook to Eliminate Hidden House Edges

Bet25.com Launches Zero Margin Sportsbook to Eliminate Hidden House Edges

Every sports bettor deal with the same issue: traditional sportsbooks hide extra profit margins within their odds. Bet25 is changing this with the Zero Margin Sportsbook, setting the new rules of sports betting.