NBA is in full support to regulate sports betting in US

It seems like the National Basketball Association (NBA) is in full support to lobby US Congress to regulate and legalise sports betting across the country. After NBA revealed its plan it, it is believed that this move symbolises a significant turnaround for the NBA is on the cards. Last year NBA said that although it would accept the regulation of sports wagering laid by the federal government, it would not directly advocate sports betting.

At this present moment, the only state able to offer full sports wagering services to punters is Nevada. Although illegal sports betting is widespread across the US, Vice-president, Dan Spillane and his assistant general counsel at the NBA, chalked out the league’s ideas at the recent Sports Betting USA conference in New York says that it won’t mind lobbying with  Congress for “federal framework.”

According to a news report, Spillane also said that there are advisors in Washington DC who are onboard with the NBA as well as the legislation is even pulling together its commissioner Adam Silver, who is believed to have “jumped the gun” to start the conversation on sports betting. In a press conference in July of this year, Silver showed his full support to legalise sports betting.  If his words are to be believed, then the sports betting is soon to become a legal entity across the country within the next few years, saying such activities lure in more fans as it offers sizeable additional engagement to them.

The NBA’s siding with the Congress to make betting legal in the country will become a significant boost to the state of New Jersey which is in the middle of a case that would rewrite the gambling history of other states too. It would introduce regulated and legalised sports betting. New Jersey is hoping to dismantle the federal 1992 Professional and Amateur Sports Protection Act (PASPA), which makes it illegal for governmental organisations to operate, sponsor, advertise, license, promote, or authorise making a bet, wagering or gambling plans based on the games played by professional sportsperson. The state has said that it is against the Constitution of US for the central government to violate state rights and allow the state of Nevada with authority to offer sports betting, but deny the same privileges to the other states of the country.

The US Supreme Court is all set to hear New Jersey’s argument early December in this year. Don Garber, commissioner of North America’s Major League Soccer (MLS), also recently voiced his support for the widespread legalisation of sports wagering in the US, saying betting is “part of the DNA of football”.

Garber said, “I am a big proponent that it’s going to happen, we might as well be in front of it. “I think there are great values to our tax revenues to be able to do that, I don’t think we can stop it, so maybe we’d even lead the charge. “Gambling on games, betting on games, is part of the DNA of football around the world.”

Recent Posts

Wyoming passes House Bill 133, allowing online sports betting and becomes first state to allow cryptocurrency to fund accounts

This week, Wyoming passed a House Bill that would legalize online sports betting in the state and it joined a…

2 days ago

Media powerhouse David Levy appointed Chairman at Genius Sports

Genius Sports has appointed sports industry pioneer David Levy as its new Chairman. In his new role, Levy will lead…

3 weeks ago

Unibet offering Gamban self exclusion tool to its US players

In a press release this morning, Kindred Group announced that it has partnered with Gamban to offer Unibet’s US customers…

4 weeks ago

UK announces reopening of betting shops; BGC lobby to delay Grand National

With the UK government announcing their roadmap towards ending its restrictions by end of June gradual reopening of businesses. English betting…

2 months ago

Betway to enter US Market

Digital Gaming Corporation (DGC) and Betway have partnered up in an order to set their first steps together in the…

2 months ago

Is Flutter taking the lead in safer online gambling?

Just a fortnight after Flutter Chairman Ian Proctor openly discussed the importance of a proactive approach in player protection and…

2 months ago