Adam Silver: Legalized sports betting ‘inevitable’ – CBS sports.com (blog)

Posted: Sunday, September 07, 2014



September 4, 2014 6:59 PM ET

The NBA isn’t taking a hard-line position against sports betting anymore. Commissioner Adam Silver, speaking at the Bloomberg Business Summit in New York, said on Thursday that the league will eventually profit from legalized gambling on sports in the future, via Bloomberg:

It’s inevitable that, if all these states are broke, that there will be legalized sports betting in more states than Nevada and we will ultimately participate in that,” said Silver, 52.

Silver, who has been with the NBA for 22 years and replaced former Commissioner David Stern in February, said that he doesn’t have any moral issue with sports betting. The league, which already allows teams to create marketing deals with casinos, would further profit from the legalization of sports wagering outside Nevada, he said.

“If you have a gentleman’s bet or a small wager on any kind of sports contest, it makes you that much more engaged in it,” Silver said. “That’s where we’re going to see it pay dividends. If people are watching a game and clicking to bet on their smartphones, which is what people are doing in the United Kingdom right now, then it’s much more likely you’re going to stay tuned for a long time.”

Silver saying he has no moral issue with it is a pretty large departure from how his predecessor, David Stern, handled the issue. From ESPN:

It’s a change in tune for the NBA, which in 2012 joined the NCAA, NFL, MLB and NHL in suing New Jersey over its efforts to bring legalized sports betting to its casinos and race tracks. During deposition testimony in the New Jersey case, former NBA Commissioner David Stern scolded Gov. Chris Christie for his efforts.

“The one thing I’m certain of is New Jersey has no idea what it’s doing and doesn’t care because all it’s interested in is making a buck or two,” Stern said in November 2010, according to court documents. “They don’t care that it’s at our potential loss.”

The sports leagues, who were joined by the Dept. of Justice, ultimately prevailed over New Jersey with a majority decision by Third Circuit Court of Appeals. New Jersey, however, is continuing its pursuit of sports betting.

More than $3.6 billion was wagered on sports at Nevada sports books in 2013. The American Gaming Association, citing the National Gambling Impact Study, estimates that as much as $380 billion is wagered illegally in the U.S. annually.

People called Silver “forward-thinking” before he took over for Stern, but we really didn’t know how that quality would manifest itself. This is one huge example of it. Being open to sports betting is a change, but it’s practical. In most of Europe, the idea that it would be illegal is laughable, and there’s no debate about whether or not Americans like to do it. Sports betting is already a big business, and the NBA might as well try to benefit from it.

Adam Silver has no moral issue with sports betting.  (USATSI)
Adam Silver has no moral issue with sports betting. (USATSI)


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Follow LIVE: SF 21, DAL 3 (2Q) “,”synopsis”:”NFL Week 1″,”photo”:{“width”:”231″,”seq_no”:”1″,”content_id”:”24699656″,”href”:”$IMAGE_SERVER/u/photos/football/nfl/img24699656.jpg”,”height”:”130″},”href”:”http://www.cbssports.com/nfl/gametracker/live/NFL_20140907_SF@DAL”,”title”:”Follow: Niners-Cowboys”},”headlines”:[{“href”:”http://www.cbssports.com/nfl/gametracker/live/NFL_20140907_SF@DAL”,”content”:”Follow LIVE: 49ers at Cowboys”},{“href”:”http://www.cbssports.com/nfl/gametracker/live/NFL_20140907_CAR@TB”,”content”:”Follow LIVE: Panthers at Buccaneers”},{“href”:”http://www.cbssports.com/nfl/gametracker/live/NFL_20140907_NO@ATL”,”content”:”Ryan huge (448 yards) as Falcons stun Saints”},{“href”:”http://www.cbssports.com/nfl/gametracker/recap/NFL_20140907_NE@MIA”,”content”:”Dolphins dominate second half to beat Patriots”},{“href”:”http://www.cbssports.com/nfl/eye-on-football/24699386/cam-newton-inactive-for-panther-sunday”,”content”:”Panthers’ Newton inactive; Anderson starting”},{“href”:”http://www.cbssports.com/nfl/rumors”,”content”:”Week 1 injuries“},{“href”:”http://www.cbssports.com/nfl/eye-on-football/24699390/texans-de-jadeveon-clowney-out-of-opener-after-suffering-knee-injury”,”content”:”Texans’ Clowney out for game with knee injury”}]},”college football”:{“minicover”:{“body”:” Dodd: Southern Cal jumps into the top 10 after snapping Stanford’s 17-game home winning streak. 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St.”},{“href”:”http://www.cbssports.com/collegefootball/gametracker/recap/NCAAF_20140906_VATECH@OHIOST”,”content”:”Virginia Tech knocks out Ohio St. at Horseshoe”},{“href”:”http://www.cbssports.com/collegefootball/eye-on-college-football/24698954/muschamp-florida-te-jake-mcgee-out-for-season”,”content”:”Muschamp: Florida TE Jake McGee out for year”},{“href”:”http://www.cbssports.com/nfl/draft/nfl-draft-scout/24699236/nfl-draft-florida-te-jake-mcgee-out-for-year-with-broken-leg”,”content”:”Draft status in doubt”},{“href”:”http://www.cbssports.com/collegefootball/gametracker/recap/NCAAF_20140906_MICH@ND/notre-dame-says-goodbye-to-michigan-with-shutout”,”content”:”Irish say goodbye to Michigan with shutout”},{“href”:”http://www.cbssports.com/collegefootball/gametracker/recap/NCAAF_20140906_USC@STNFRD”,”content”:”Southern Cal scrapes out victory at Stanford”}]},”mlb”:{“minicover”:{“body”:” It’s a special occasion at Yankee Stadium as the team honors retiring legend and captain Derek Jeter. Here are some images from his big day in the Bronx. Story “,”synopsis”:”LIVE: Royals at Yanks”,”photo”:{“width”:”231″,”seq_no”:”1″,”content_id”:”24699438″,”href”:”$IMAGE_SERVER/u/photos/baseball/mlb/img24699438.jpg”,”height”:”130″},”href”:”http://www.cbssports.com/mlb/eye-on-baseball/24699177/eye-on-photos-derek-jeter-day-at-yankee-stadium”,”title”:”Yankees honor Jeter”},”headlines”:[{“href”:”http://www.cbssports.com/mlb/gametracker/recap/MLB_20140907_KC@NYY/royals-spoil-jeters-day-with-2-0-win-over-yankees”,”content”:”Royals spoil Jeter’s day by shutting out Yanks”},{“href”:”http://www.cbssports.com/mlb/gametracker/recap/MLB_20140907_TOR@BOS/bautistas-hr-carries-blue-jays-past-red-sox-3-1″,”content”:”Bautista’s homer carries Blue Jays past Red Sox”},{“href”:”http://www.cbssports.com/mlb/gametracker/recap/MLB_20140907_ATL@MIA/hand-salty-lead-marlins-to-4-0-win-over-braves”,”content”:”Hand, Salty propel Marlins to win over Braves”},{“href”:”http://www.cbssports.com/mlb/gametracker/recap/MLB_20140907_CHW@CLE/carrascos-gem-leads-indians-past-white-sox-2-0″,”content”:”Carrasco’s gem leads Indians past White Sox”},{“href”:”http://www.cbssports.com/mlb/gametracker/recap/MLB_20140907_NYM@CIN/mets-knock-off-sloppy-reds-4-3″,”content”:”Mets’ four unearned runs sink sloppy Reds”},{“href”:”http://www.cbssports.com/mlb/gametracker/recap/MLB_20140906_SEA@TEX/seager-leads-mariners-in-4-2-win-over-rangers”,”content”:”Seager leads Mariners in victory over Rangers”},{“href”:”http://www.cbssports.com/mlb/eye-on-baseball/24699040/report-rangers-discussing-long-term-deal-with-gm-jon-daniels”,”content”:”Rangers, GM Daniels discussing long-term deal?”}]},”nhl”:{“minicover”:{“body”:” Peters: The Canes have their share of stars, but not all are pulling their weight. 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Story “,”synopsis”:”US Open: Women’s final set”,”photo”:{“width”:”231″,”seq_no”:”1″,”content_id”:”24696095″,”href”:”$IMAGE_SERVER/u/photos/tennis/img24696095.jpg”,”height”:”130″},”href”:”http://www.cbssports.com/general/eye-on-sports/24695919/us-open-caroline-wozniacki-moves-into-final-as-peng-shuai-retires”,”title”:”Serena, Wozniacki in final”},”headlines”:[{“href”:”http://www.usopen.org/en_US/console/console.cbs.html”,”content”:”Watch LIVE: Women’s semifinals”},{“href”:”http://www.cbssports.com/general/eye-on-sports/23514189/williams-sisters-bow-out-in-us-open-semis”,”content”:”Williams sisters lose in doubles semifinals in Open”},{“href”:”http://www.cbssports.com/general/eye-on-sports/23379402/james-blakes-career-ends-in-heartbreaking-fashion-at-us-open”,”content”:”Blake’s career ends in heartbreaking fashion”}]},”maxpreps”:{“minicover”:{“body”:”After losing last year, No. 9 Central looks for revenge against defending national champion Washington. See the rest of the Top 10 Games of the Week.”,”synopsis”:”After losing last year, No. 9 Central looks for revenge against defending national champion Washington. See the rest of the Top 10 Games of the Week.”,”photo”:{“href”:”http://images.maxpreps.com/includes/images/cbssportsmenu/130543464555408701.jpg”},”href”:”http://t.maxpreps.com/1vTk9JE”,”title”:”Miami’s marquee matchup”},”headlines”:[{“href”:”http://www.maxpreps.com/news/ReB_HUOSaEq5J9mZraKihQ/photos–long-beach-poly-shows-off-football-uniforms-donated-by-snoop-dogg.htm”,”content”:”Photos: Poly in Snoop Dogg’s uniforms”},{“href”:”http://www.maxpreps.com/news/CZzFWWbhz0Cl4duBgWSSCg/photos–evander-holyfields-son-elijah-is-a-beast-on-the-football-field.htm”,”content”:”Photos: Elijah Holyfield in action”},{“href”:”http://www.maxpreps.com/blogs/maxwire-national-blog/DHo-arLJSk60_ZMt1q135A/lebron-james-visits-alma-maters-high-school-football-game.htm”,”content”:”LeBron James visits HS football game”},{“href”:”http://www.maxpreps.com/news/sYyuArkDgU6yHiB_FmjG5Q/video–running-back-plows-through-wall-of-defenders-in-amazing-game-winning-touchdown-run.htm”,”content”:”RB plows defenders for long TD run”},{“href”:”http://www.maxpreps.com/news/mDSMnEHFREiRHsE95mexOg/no-4-booker-t-washington-holds-on-to-beat-no-9-miami-central.htm”,”content”:”Booker T. holds on to beat Miami Central”},{“href”:”http://www.maxpreps.com/news/CM2ckdxal0On624XcwEWWQ/maxpreps-national-football-player-of-the-year-watch.htm”,”content”:”Football Player of the Year Watch”}]},”nba”:{“minicover”:{“body”:” Moore: The Cavs are chock full of superstars, bringing back LeBron and dealing for Love to work with budding PG star Kyrie Irving, but is an NBA title reasonable? 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John Brooks’ header to send the US past Ghana. Brazil’s epic collapse. Mario Gotze’s clinching goal in the final. We hand out awards for the best moments in Brazil. Story “,”synopsis”:”World Cup in review”,”photo”:{“width”:”231″,”seq_no”:”1″,”content_id”:”24620624″,”href”:”$IMAGE_SERVER/u/photos/soccer/img24620624.jpg”,”height”:”130″},”href”:”http://www.cbssports.com/world-cup/eye-on-world-cup/24620523/cbssportscom-2014-fifa-world-cup-awards-best-moments”,”title”:”World Cup’s best moments”},”headlines”:[{“href”:”http://www.cbssports.com/world-cup/eye-on-world-cup/24622027/world-cup-final-sets-usa-television-record-with-265-million-viewers”,”content”:”Cup final sets ratings mark for soccer on US TV”},{“href”:”http://www.cbssports.com/world-cup/eye-on-world-cup/24621936/watch-massive-crowd-celebrates-germanys-world-cup-victory”,”content”:”Massive crowd toasts German team in Berlin”},{“href”:”http://www.cbssports.com/world-cup/eye-on-world-cup/24620830/maradona-claims-messis-golden-ball-award-just-a-marketing-plan”,”content”:”Maradona: Messi undeserving of Golden Ball”},{“href”:”http://www.cbssports.com/world-cup/eye-on-world-cup/24620634/world-cup-2018-odds-germany-early-favorite-to-repeat-us-50-to-1″,”content”:”Germany early favorite for the 2018 World Cup”},{“href”:”http://www.cbssports.com/world-cup/eye-on-world-cup/24620345/brazil-coach-luiz-felipe-scolari-out-after-disastrous-end-to-world-cup”,”content”:”Brazil boots manager after ugly World Cup finish”},{“href”:”http://www.cbssports.com/world-cup/eye-on-world-cup/24619193/report-suarez-will-lose-millions-from-barcelona-if-he-bites-anyone”,”content”:”Suarez will lose millions from Barca if he bites”},{“href”:”http://www.cbssports.com/world-cup/eye-on-world-cup/24615958/fifa-world-cup-final-germany-vs-argentina-preview”,”content”:”Germany edges Argentina to win ’14 World Cup”}]}};
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