{"id":28532,"date":"2015-04-21T14:34:30","date_gmt":"2015-04-21T21:34:30","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=28532"},"modified":"2015-04-21T14:49:34","modified_gmt":"2015-04-21T21:49:34","slug":"nba-commissioner-adam-silver-says-gambling-good-business","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/nba-commissioner-adam-silver-says-gambling-good-business\/","title":{"rendered":"NBA Commissioner Adam Silver Says Gambling is Good Business"},"content":{"rendered":"
\"Adam
Commissioner Adam Silver says that gambling is good for the NBA. (Image: Andy Lyons\/Getty)<\/figcaption><\/figure>\n

NBA Commissioner Adam Silver<\/a> has made it clear that he thinks it’s time for his league to change its tune on sports betting, calling for the practice to be legalized and, most importantly, regulated throughout the United States.<\/p>\n

Silver expanded on those thoughts on Monday, when he talked about the topic while being interviewed on the Boomer & Carton show, a sports talk radio program on WFAN in New York.<\/p>\n

\u201cIt\u2019s good for business, I don\u2019t want to hide from that,\u201d Silver said of sports betting. \u201cPutting aside whether or not we\u2019re actually actively involved in any of the betting, it creates more engagement. We all know as fans if you have, even like a gentleman\u2019s bet or a $5 bet with your friend on a game, all of a sudden you\u2019re a lot more interested.\u201d<\/strong><\/p><\/blockquote>\n

Not All Commissioners Agree<\/h2>\n

Silver was asked by the show\u2019s hosts whether he had talked to other sports commissioners about his views on gambling. He confirmed that he had, and said that there was a \u201crange of reactions\u201d from his fellow commissioners.<\/p>\n

\u201cSome were, \u2018What are you doing?\u2019\u201d Silver said. \u201cOthers were, \u2018Let\u2019s study it, seems like an interesting idea.\u2019 And that is not that we\u2019re necessarily out there promoting sports betting, but the latest estimate is there\u2019s somewhere between $300 and $400 billion a year being bet on sports in this country.\u201d<\/p><\/blockquote>\n

Silver made a point he has expressed before: that if gambling is going to happen anyway, it would be much better for the sports leagues if it were to take place in a regulated environment. He said that\u2019s the case in Europe, where soccer and basketball have few issues with legal sports betting, because it can be monitored.<\/p>\n

\u201cIf there\u2019s any irregular activity whatsoever, it\u2019s like tracking insider trading on the New York Stock Exchange,\u201d Silver said. \u201cIf there\u2019s a blip, if there\u2019s unusual activity, they know to investigate. So first the issue for us is if all this betting is going to go on anyway, we should be able to monitor it.\u201d<\/p>\n

Penned New York Times Op-Ed On Gambling<\/h2>\n

Silver\u2019s stance on sports betting has been well-known since last year, and was thrown into the public spotlight when he published an op-ed in The New York Times<\/em> on the subject in November.<\/p>\n

\u201cCongress should adopt a federal framework that allows states to authorize betting on professional sports, subject to strict regulatory requirements and technological safeguards,\u201d Silver wrote in that piece. \u201cI believe that sports betting should be brought out of the underground and into the sunlight where it can be appropriately monitored and regulated.\u201d<\/p><\/blockquote>\n

Silver\u2019s views are certainly more accepting of sports betting than those of the other major sports commissioners, though he\u2019s not as alone as he used to be. New Major League Baseball commissioner Rob Manfred said earlier this year that it is time for the league and its owners to at least talk about their stance on gambling, a major step for a league that created a commissioner\u2019s office specifically to deal with the fixing of the 1919 World Series.<\/p>\n

MLB has also expanded its partnership with DraftKings<\/a>, a popular daily fantasy sports site that offers what is essentially a legal form of gambling (though participants do not bet directly on games, instead scoring points based on the performance of individual players). The NBA has a similar exclusive deal with FanDuel, the largest of the daily fantasy sports sites.<\/p>\n","protected":false},"excerpt":{"rendered":"

NBA Commissioner Adam Silver has made it clear that he thinks it’s time for his league to change its tune on sports betting, calling for the practice to be legalized and, most importantly, regulated throughout the United States. Silver expanded on those thoughts on Monday, when he talked about the topic while being interviewed on […]<\/p>\n","protected":false},"author":42,"featured_media":28540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,13,16],"tags":[],"acf":[],"yoast_head":"\nNBA Commissioner Adam Silver Says Gambling is Good Business<\/title>\n<meta name=\"description\" content=\"Commissioner Adam Silver has once again publicly talked about why he thinks legalized sports betting would be good for the NBA, this time on a New York radio show.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBA Commissioner Adam Silver Says Gambling is Good Business\" \/>\n<meta property=\"og:description\" content=\"Commissioner Adam Silver has once again publicly talked about why he thinks legalized sports betting would be good for the NBA, this time on a New York radio show.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/nba-commissioner-adam-silver-says-gambling-good-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-21T21:34:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-04-21T21:49:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/04\/Adam-Silver-legal-NBA-sports-betting.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/nba-commissioner-adam-silver-says-gambling-good-business\/\",\"url\":\"https:\/\/www.casino.org\/news\/nba-commissioner-adam-silver-says-gambling-good-business\/\",\"name\":\"NBA Commissioner Adam Silver Says Gambling is Good Business\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/nba-commissioner-adam-silver-says-gambling-good-business\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/nba-commissioner-adam-silver-says-gambling-good-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/04\/Adam-Silver-legal-NBA-sports-betting.jpg\",\"datePublished\":\"2015-04-21T21:34:30+00:00\",\"dateModified\":\"2015-04-21T21:49:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"Commissioner Adam Silver has once again publicly talked about why he thinks legalized sports betting would be good for the NBA, this time on a New York radio show.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/nba-commissioner-adam-silver-says-gambling-good-business\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/nba-commissioner-adam-silver-says-gambling-good-business\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/nba-commissioner-adam-silver-says-gambling-good-business\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/04\/Adam-Silver-legal-NBA-sports-betting.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/04\/Adam-Silver-legal-NBA-sports-betting.jpg\",\"width\":2000,\"height\":1000,\"caption\":\"Commissioner Adam Silver says that gambling is good for the NBA. 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