A new revenue stream for pro sports?
The NBA is pushing for legalized sports gambling according to some testimony in New York State where they would like to receive something like 1% of bets made on their games.
The[url=http://bleacherreport.com/nba]NBA[/url]would seek 1 percent of every legal bet made on its games in order to formally embrace sports betting, according to an attorney representing the league.
The league would be willing to build an official relationship with the betting industry.
The 1 percent fee on bets is one of multiple conditions the NBA is seeking. The league would also want betting to become more easily accessible for fans, with features such as smartphone capabilities or specially designated betting kiosks.
Can you imagine if something like this became reality how much the NFL would make off gambling? Apparently the MGM Grand in Las Vegas reports that there is one bet on the Super Bowl alone for 'multi-million' dollars - a bet on the underdog Eagles for the Super Bowl.
This is a recent change in direction for the NBA who for the longest time would not allow the OLG (Ontario Lottery and Gaming) to include NBA games on Pro-Line - but changed that stance in 2016 so NBA games are now on Pro-Line.