Posts Tagged "NBA"

Everything you need to know about New Jersey’s pending high-stakes sports gambling ruling

Everything you need to know about New Jersey’s pending high-stakes sports gambling ruling

There would be a massive loss in the Atlantic City of New Jersey if the case advocates for the eradication of sports betting. The case has been going on for some time now and the moment of truth is about to unfold itself once the final ruling is done this month.

A brief history of New Jersey’s battle for legal sports betting

It started back in 1992 when sports league asked the Congress to pass the Professional and Amateur Sports Protection Act (PASPA) which claimed that no other state could legalize sports betting apart from Nevada which had initiated it before.

20 years later in 2012, New Jersey tried to legalize it but the sports leagues took a swift action where they forbid the act by moving to the court. In the first attempt, the state lost and this was the trend in the appeal case.

Since PASPA was unconstitutional, New Jersey went ahead in incorporating sports betting claiming that they were not under state laws but was governed by the federal laws. However, in 2014, Gov. Chris Christie claimed that sports betting would only take place casinos and racetracks.

What’s at stake?

If the state wins the case, it would promptly call for the strong partnership between Monmouth Park racetrack and British betting firm William Hill in incorporating sports betting for football which kicks off this September. In 2014, the total amount accrued from gambling was $3.9 billion with almost a half of this emanating from football betting. This explains why football is the most popular game in the state. It was followed by basketball with $1.1 billion with baseball coming in third with $722 million.

Why is the NBA suing to prevent legal sports betting if Commissioner Adam Silver has come out in favor of it?

Adam is for the sport betting legalization. Actually he demands the eradication of PASPA and the full control of gambling market be accorded to sports leagues and law enforcements. Some even argue that Adam wants some backing from other commissioners in attempt to eradicate sports betting.

The losing side can appeal the case but it would take a long time as it involves all 23 panel judges’ consideration unlike the three who would make the final call.

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NFL holds its ground in sports betting fight

NFL holds its ground in sports betting fight

With fantasy sports betting legalization still an ongoing battle, the NFL has claimed that it is on the verge of expanding and this may entail initiation of a team based in Las Vegas. This comes after New Jersey appealed a case where NF, NBA, MLB, NCAA and NHL had moved to the court in 2012 to block a move by the state in legalizing sports betting. They opposed this since they claimed that match fixing especially on single betting would be frequent and hence tarnishing the fame of the game. According to Brian McCarthy the league spokesman, they were not backing of from blocking the move ever.

However, their move was faced by various problems as some representatives of various teams had other plans. Robert Kraft the owner of New England team joined hands with Steve Wynn Las Vegas casino developer in building a casino believed to be worth $1 billion next to Gillette Stadium in Foxborough back in 2011.

NFL had earlier banned the advert banners in the stadium as a way to deter any casino initiation move. However, it claimed that it would allow advertising money from casinos. The league claimed that this would be accompanied by several rules such that no logos or club marks are present on the advert and that players would receive divides from the income generated from these adverts.

There has been however partnership between fantasy firms DraftKings and FanDuel with 21 league teams, Steelers included. NFL commissioner Roger Goodwell described this as family reunion and said that fantasy sees people come together for fun as they enjoy football. McCarthy echoed these words by saying that generally fantasy football is a non gambling event that entails skills of the game.

Nevertheless, despite all this, NFL was on the front line in cancelling fantasy football conference that was scheduled for 10-12 July at the non-gambling Las Vegas site the Sands Expo. The expected in attendance included Cowboys quarterback Tony Romo.

The league was later involved in cautioning three Miami Dolphins players from indulging in poker events in Coconut Creek casino, Fla. This attracted criticism from events’ host Andy Slter who claimed that NFL was based on gambling.

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NBA Withdraws Opposition to Canadian Sports Betting Reforms

NBA Withdraws Opposition to Canadian Sports Betting Reforms

Good news to wagers in Canada is that they can now bet on single sports. This comes after NBA claimed that it will support the idea despite it going against Bill C-290. This was reported by the Canadian Gaming Association (CGA) said this week. Since the legalization of betting in Canada, Criminal Code in the country has always checked on the single betting and only allowed multi betting where punters collectively sum up their bets through provincial lottery operators. The main reason behind this was that more often than not, addiction would follow single betting as well as match fixing.

Advocators to this bill claimed that provincial lottery corporation would cash in millions of money; cash that would belong to the unlicensed offshore markets who by now are the only operators that have been providing for Canada’s kinkier betting requirements.

Multi-billion-dollar Gray Market

It has been claimed that more than $10 billion has been the revenue generated annually by single event betting. Hockey league games have generated income to more than 220 betting firms with another 120 Canadian Football league also generating income. The Canadian League is posted by more than 130 betting sites.

It was back in 2012 that the NBA opposed the bill claiming that it would kill off the affiliation between the league and its royal supporters.

A statement from the NBA during hearing of the Senate of Canada’s Legal and Constitutional Affairs Committee this week claimed that they are no longer bothered with opposing legalization of sports betting in Canada. However, their condition was that there should be the implementation of a suitable legislative structure that would safeguard the veracity of the game. This would however be based upon severe authoritarian obligation as well as technical safeguards.

NBA head Adam Silver claimed that the congress should put in place centralized structure that would give mandate to the state in giving authority in professional sports which would be subjected to stern requirements.

However, other main sport leagues based in North America have been flexible to the idea with C-290 still standing to be a long shot which has been the main basis in which punters in Canada bet on.

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Promotions at BetVictor sportsbook

Promotions at BetVictor sportsbook

BetVictor is known to be one of the best sportsbook in Europe and all over the world. This has been a family business since 1925. In 1963, after the legalisation of betting shops Victor Chandler started his own shops for betting services. UK customers did not like betting a lot due to the 9% tax remitted on bets but Victor took charge of this by getting betting licenses from Gibraltar which made it possible for him to deliver his sports betting service free from UK tax. Through the years BetVictor has become a household name which is all through their commitment to technology and their will to have their customers satisfied all the time. At BetVictor you can bet on NFL, NBA, NHL, Cricket, Formula 1, rugby, golf, greyhounds, tennis and horse racing in a myriad of many more sports.

As a rookie at the bookie, you are up for a newbie’s sign up bonus worth £25. All you need to do is register a betting account with BetVictor and make a deposit which will be matched.

For the tennis fans, there is the “don’t hit the net” promo which is a money back bonus where you get your money back if one of your 5-fold lets you down. You need to place a five-fold bet on any tennis markets and if you make a loss of one, you will have your stake refunded of up to £50.

Saturdays from 10am to 11am is happy hour time at BetVictor. When you bet on football during this time, you will get 10 free spins to enjoy at the casino.

If you love betting on football, you will love the money back bonus dubbed back of the net. For you to qualify for the bonus, you need to bet on both teams to score market for 5 or more matches, in case one leg lets you down, you will have your money back up to £25.

With BetVictor, you can watch all horse races live from their website which makes live betting pretty easy for you. All UK and Irish Races are aired on their website and you can watch them from your PC or mobile.

Before going for any of the bonuses, you need to read through all the terms and conditions to make sure that you are capable of meeting all the terms and conditions set. This way, you are able to evaluate whether the bonus is worth your while or not.

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Scott Skiles might be the next Magic’s coach

Scott Skiles might be the next Magic’s coach

Sources have pointed out that Scott Skiles has emerged as a strong frontrunner in becoming the head coach of Orlando Magic. The general manager to the Magic has carried out discussions on some of the possible candidates but Skiles remains to be the most preferred candidate.

This far, Orlando Magic does not show much inclination into getting a new coach. Sources indicate that soon the team might advance to contract negotiations.

Skiles who is 51 years of age has been a preferred choice to Orlando and the bookies’ favourite. The team has been fond of him since he was playing with them in the 1990s. Skiles is a good fit for the candidacy profile that was privately outlined by Hennigan. They were looking for a coach who has had a successful head-coach experience and have the ability to upgrade Orlando’s defence and accountability.

Skiles has had a successful career with the Phoenix Suns, Milwaukee Bucks and Chicago Bulls. He has worn out his welcome and has only lasted about three seasons with each of these teams. While he coached these teams, he has a record of 443-433 (18-24 playoffs) all these in 13 seasons. Skiles is known in his abilities to assist in turning teams around. He transformed Bulls from a 19 win in 2004 to a 47 win in 2005 in his first of the two seasons he coached the team. During his time in the Bucks, he took the team from 34 wins in 2009 to 46 wins in 2010.

In case Skiles is hired for the job, James Borrego who acted as the interim coach for the team after Jacque Vaughn was fired might be asked to remain as a member of staff acting as an assistant coach. There was a notable improvement under Borrego even though the team finished on their fifth worst record of 25-57.

The Magic organization believes that the team needs to start showing progress in the upcoming season. The expected coaching hire will get the best of the most in Magic’s young members like Aaron Gordon, Nik Vicevic, Victor Oladipo and Elfrid Payton.

Comments from Ben Gordon who was coached by Skiles during his times in Chicago Bulls said that he was tough on young players but it was through this that he became a better player and won his 6th man of the year award as a rookie.

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