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Adam Silver Wants New SportsBetting Legislation
Tuesday December 23,2014 : US BASKETBALL CHIEF SUGGESTS NEW SPORTS BETTING LEGISLATION
Silver invites New Jersey governor to join him in a less confrontational search for wider sports betting.
Adam Silver, the outspoken chief of the US National Basketball League, has invited New Jersey Governor Chris Christie to join him in a less confrontational approach to expanded sports betting...a lobbying initiative to persuade Congress to change the presently restrictive Professional and Amateur Sports Protection Act.
The New Jersey approach has so far been to unilaterally introduce state laws to allow intrastate sports betting, a process that has triggered expensive and protracted litigation by the national sports leagues and the Department of Justice, and which is still not fully resolved.
Silver is in favour of a more realistic approach to sports betting than the PASPA, which restricts sports betting to just four US states, but he suggests a more political strategy could work.
In a recent interview with ESPN he said that rather than fight New Jersey and other states, his league can work with them to establish a uniform federal structure that would acknowledge that sports gambling already takes place in many venues that are far from Las Vegas sports books.
“Governor Christie, and I'm happy to join him, should turn his attention to Washington, D.C., to Congress, and say, ‘Here are all the reasons it should be regulated, but let's come up with a framework that makes sense on a national basis presumably that would allow states to opt in,’” Silver told ESPN.
“Whether it's ESPN with ‘Bracketology;’ whether it's all the [betting] lines in every national newspaper, on every web service; my point was there's massive, massive sports betting going on in this country,” Silver said.
“Estimates are that it's up to $400 billion a year. And my view is, if it's going to go on, let's make it transparent, let's bring it into the sunlight, so to speak, and let's regulate it, the same way we do a lot of other industries.”
Delaware Gov. Jack Markell has applauded Silver’s move for advancing the conversation around the wider availability of legal sports betting.
“Having somebody like Adam Silver speak out is powerful, and I think it’s going to take folks like him … maybe that’s what it takes to move it,” he said. “It could be brought into the mainstream economy, instead of money changing hands the way it does now.”
However, Markell is not optimistic about persuading Congress to move on the issue, saying:
“With all the unbelievable dysfunction in Washington, it’s sort of hard to see much happening. I’d be perfectly happy to be wrong.”
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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