Tag Archives: david stern
- Ex-NBA commish David Stern gets a grip on ‘outdated’ sports betting fear
October 3, 2016
David Stern has been known as a staunch opponent of sports betting legalization. Well, not anymore. The former NBA commissioner recently made a complete turnaround from his former stance, telling ESPN.com’s David Purdum that “the notion that gambling will lead to bad things is ‘outdated.’” Stern, along with major sports...
- Ex-NBA commissioner Stern invests in eSports startups; Kansas legalizes fantasy sports
May 20, 2015
The former NBA commissioner David Stern joined in a $5 million financing round for a fantasy eSports startup AlphaDraft, which runs daily and weekly contests for cash and prizes. The Los Angeles-based Alpha-Draft is similar to other fantasy sports websites such as DraftKings and FanDuel, but focuses more on the...
- Minnesota sports bet bill reborn; David Stern says “it’s time” for legal sports bets
February 10, 2015
Legal sports betting in Minnesota is the aim of a new bill coming from state Rep. Phyllis Kahn (pictured). Kahn is preparing to reintroduce the sports betting legislation she originally introduced in 2013, which would have allowed the Minnesota Lottery to take sports wagers on its own or in conjunction...
- NBA source: league believes sports betting worth more than TV contracts
January 8, 2015
The National Basketball Association (NBA) is reportedly under the impression that it could make more money from legal sports betting than the amount the league currently reaps from television contracts. Breitbart Sports quoted an unnamed ‘team source within the league’ saying the NBA believes it “could easily make three or...
- NBA commish David Stern says league “should embrace” Las Vegas
July 19, 2013
National Basketball Association (NBA) commissioner David Stern believes Las Vegas is a city the league “should embrace,” regardless of it residing smack dab in the only US state currently permitted to accept legal wagers on NBA games. At a press conference at the Wynn Las Vegas on Thursday for the...
- New Jersey to depose league commissioners in sports betting lawsuit
October 17, 2012
Attorneys defending New Jersey in the lawsuit filed by the major North American professional and college sports leagues have been authorized to depose the five commissioners of those leagues to determine how, why and if legal sports betting in the Garden State would cause injury to the leagues. The claim...
Patriots, Packers starting season as favorites to win Super Bowl 52
September 1, 2017