The NBA has announced a deal with MGM to use the league’s logos on betting oddsboards. The deal is not part of any gaming regulations, and other sports leagues may seek similar deals. The CEO of William Hill U.S. said he has received daily calls from teams looking to sign a sponsorship deal. The NBA has also banned gambling companies from sponsoring their jerseys until recently. But that may be changing. The NBA will soon allow non-MGM sportsbooks to offer NBA betting.
Wagr offers users a chance to place a wager against a friend or the house for a risk-free bet of up to $1,000. Wagr does not offer a welcome bonus, but its service makes it possible to bet against your friends and the house. The Tennessee Sports Wagering Advisory Council recently reported that the state of Tennessee took in $370 million in sports wagers during March 2022. However, wagering on Russian and Belarusian leagues has been banned. The NFL Draft begins on April 28th.
The Professional and Amateur Sports Protection Act was recently repealed by the Supreme Court, but that did not stop New York and other states from embracing sports betting. The PGA TOUR has since instituted a robust integrity program. In the first 30 days, it received over $2 billion in wagers. It also partnered with Genius Sports and IMG ARENA to license live scoring data. As part of this effort, the TOUR has pledged to support the public and offer legal protections.