{"id":328125,"date":"2024-08-16T18:20:53","date_gmt":"2024-08-16T23:20:53","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=328125"},"modified":"2024-08-16T18:21:48","modified_gmt":"2024-08-16T23:21:48","slug":"nba-awards-voters-barred-from-betting-on-those-markets","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/","title":{"rendered":"NBA Awards Voters Barred from Betting on Those Markets"},"content":{"rendered":"

In news that elicited reactions of \u201cIt was allowed?\u201d and \u201cWhat took so long?\u201d, the NBA will forbid awards voters from wagering on those markets.<\/p>\n

\"NBA
NBA Commissioner Adam Silver at the 2023 NBA Draft The league is reportedly banning voters from betting awards such as MVP. (Image: AP<\/em>)<\/figcaption><\/figure>\n

\u201cNBA on TNT\u201d reporter Jared Greenberg broke the news earlier Friday, citing the league\u2019s communications office.<\/p>\n

NBA Award voters are now officially prohibited from making wagers on NBA Awards categories during any season in which they are voting, per @NBAPR<\/a>,\u201d wrote Greenberg in a post on X (formerly Twitter).<\/p><\/blockquote>\n

During the 2023-24 NBA season, awards such as Coach of the Year, Defensive Player of the Year, MVP, and the All-NBA teams, among others, were voted on by a panel of 99 members of broadcast and print media. The results were audited and counted by accounting firm Ernst & Young LLP<\/strong>.<\/p>\n

Questions About NBA Awards Betting Have Merit<\/h2>\n

As of this writing, many of the responses to Greenberg\u2019s X post expressed dismay and\/or surprise that voters that have a hand in determining the outcome of the various NBA awards were ever allowed to place related wagers.<\/p>\n

To date, there\u2019s no evidence of chicanery in NBA awards balloting, but in any given season, fans and some members of the media like to stir up debate surrounding some of the marquee awards, such as MVP. For example, it was often said that in any season during the prime of his career, LeBron James could have won MVP. More recently, the same has been said of Denver Nuggets star Nikola Joki\u0107. He\u2019s won the top award in three of the past four seasons, but some fans argue he should have won it four consecutive years.<\/p>\n

\n

As for the call to ban voters from wagering on awards, it could prove to be a smart move by the NBA on a geographic level. Of the league\u2019s 30 franchises, 19 are located in jurisdictions<\/a> in which some form of sports wagering is permitted. That includes 17 states, Washington, DC, and Ontario, Canada.<\/p>\n<\/div>\n

News of the association\u2019s decision to ban voters from wagering on the awards in which they have a say in determining the outcomes emerged just months after former Toronto Raptors forward Jontay Porter<\/a> was banned from the league for life for allegedly altering outcomes of contests in which he played. The NBA didn\u2019t say if that scandal was an impetus for the awards decision.<\/p>\n

NBA Still Steeped in Gaming Ties<\/h2>\n

Across the NBA, gaming ties are evident. The owners of at least three teams have direct ties to casino gaming. Those include Dan Gilbert of the Cleveland Cavaliers, Tilman Fertitta of the Houston Rockets, and Adelson and Dumont families who have majority control of the Dallas Mavericks. Dr. Miriam Adelson is the largest individual shareholder in Las Vegas Sands (NYSE: LVS)<\/strong>.<\/p>\n

Washington Wizards owner Ted Leonsis controls Monumental Sports & Entertainment, which was a driving force in bringing retail sportsbooks to several arenas and stadiums in Washington, DC.<\/p>\n

Under the terms of the league\u2019s collective bargaining agreement<\/a> (CBA), which was struck last year, players are allowed to invest in wagering companies. Speaking of the CBA, it included implications for awards markets because it stipulates that players must appear in a minimum of 65 games to be eligible for MVP, All-NBA teams, and other marquee awards.<\/p>\n","protected":false},"excerpt":{"rendered":"

In news that elicited reactions of \u201cIt was allowed?\u201d and \u201cWhat took so long?\u201d, the NBA will forbid awards voters from wagering on those markets. \u201cNBA on TNT\u201d reporter Jared Greenberg broke the news earlier Friday, citing the league\u2019s communications office. NBA Award voters are now officially prohibited from making wagers on NBA Awards categories […]<\/p>\n","protected":false},"author":46,"featured_media":280696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83079,1074],"tags":[81033,80968],"acf":[],"yoast_head":"\nNBA Awards Voters Barred from Betting on Those Markets<\/title>\n<meta name=\"description\" content=\"NBA Awards Voters Barred from Betting on Those Markets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBA Awards Voters Barred from Betting on Those Markets\" \/>\n<meta property=\"og:description\" content=\"NBA Awards Voters Barred from Betting on Those Markets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/\" \/>\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=\"2024-08-16T23:20:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-16T23:21:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/NBA_Draft_Basketball_34322.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\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-awards-voters-barred-from-betting-on-those-markets\/\",\"url\":\"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/\",\"name\":\"NBA Awards Voters Barred from Betting on Those Markets\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/NBA_Draft_Basketball_34322.jpg\",\"datePublished\":\"2024-08-16T23:20:53+00:00\",\"dateModified\":\"2024-08-16T23:21:48+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"NBA Awards Voters Barred from Betting on Those Markets.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/NBA_Draft_Basketball_34322.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/NBA_Draft_Basketball_34322.jpg\",\"width\":1200,\"height\":800,\"caption\":\"NBA Commissioner Adam Silver at the 2023 NBA Draft The league is reportedly banning voters from betting awards such as MVP. (Image: AP)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sports Betting\",\"item\":\"https:\/\/www.casino.org\/news\/sportsbetting\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"NBA Awards Voters Barred from Betting on Those Markets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\",\"name\":\"Todd Shriber\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"caption\":\"Todd Shriber\"},\"description\":\"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/todd-shriber\",\"https:\/\/www.linkedin.com\/in\/toddshriber\/\",\"https:\/\/x.com\/etfgodfather\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/todd-shriber\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NBA Awards Voters Barred from Betting on Those Markets","description":"NBA Awards Voters Barred from Betting on Those Markets.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/","og_locale":"en_US","og_type":"article","og_title":"NBA Awards Voters Barred from Betting on Those Markets","og_description":"NBA Awards Voters Barred from Betting on Those Markets.","og_url":"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2024-08-16T23:20:53+00:00","article_modified_time":"2024-08-16T23:21:48+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/NBA_Draft_Basketball_34322.jpg","type":"image\/jpeg"}],"author":"Todd Shriber","twitter_card":"summary_large_image","twitter_creator":"@etfgodfather","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Todd Shriber","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/","url":"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/","name":"NBA Awards Voters Barred from Betting on Those Markets","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/NBA_Draft_Basketball_34322.jpg","datePublished":"2024-08-16T23:20:53+00:00","dateModified":"2024-08-16T23:21:48+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85"},"description":"NBA Awards Voters Barred from Betting on Those Markets.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/NBA_Draft_Basketball_34322.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/07\/NBA_Draft_Basketball_34322.jpg","width":1200,"height":800,"caption":"NBA Commissioner Adam Silver at the 2023 NBA Draft The league is reportedly banning voters from betting awards such as MVP. (Image: AP)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/nba-awards-voters-barred-from-betting-on-those-markets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Sports Betting","item":"https:\/\/www.casino.org\/news\/sportsbetting\/"},{"@type":"ListItem","position":3,"name":"NBA Awards Voters Barred from Betting on Those Markets"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85","name":"Todd Shriber","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","caption":"Todd Shriber"},"description":"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.","sameAs":["https:\/\/muckrack.com\/todd-shriber","https:\/\/www.linkedin.com\/in\/toddshriber\/","https:\/\/x.com\/etfgodfather"],"url":"https:\/\/www.casino.org\/news\/author\/todd-shriber\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/328125"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=328125"}],"version-history":[{"count":4,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/328125\/revisions"}],"predecessor-version":[{"id":328129,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/328125\/revisions\/328129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/280696"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=328125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=328125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=328125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}