Listen: NBA, United States, Adam Silver discussed on Pro Rata
"A loss Vegas nights hockey game draft kings as Boston headquarters and the NBA headquarters in midtown Manhattan. They basically learned two things first everyone even sort of involved in sports. Your sports betting is very excited about the future and agrees that the majority of these wagers will be placed via smartphones. Even if folks are physically sitting in sports books second there is a lot of disagreement over how. I share the money or even if it should be shared at all. So here's what Adam silver said on that during axios on HBO. We knew there was enormous amounts being bet on the NBA all sports estimates up to four hundred billion dollars a year just the United States if we're gonna spend eight billion dollars this year producing those games. I feel that we should receive a share of the proceeds from businesses being generated exclusively on our game. The problem, of course, is that so far no one wants to give the NBA or any other league. A share of those proceeds silvers dual arguments that the league basically deserves a royalty or at least some payments to ensure games are on the level have fallen on deaf ears including so far with the five states that have signed sports betting into law. The question now is what happens with the other states. And how that will impact the dawn of what is quickly becoming America's newest sin industry in fifteen seconds. We'll deeper on this with axios reporter, Mike Sykes. But first this there's more news out there than ever before. But these days it's harder than. Ever to find it and to know what to trust axios. AM takes effort out of getting smart by synthesizing, the ten stories that will drive the day and telling you, I they matter subscribe at sign up dot axios dot com and now back to the program podcast.."