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David Stern softens stance on legalized sports betting

09.30.2016     10:18 AM     Printer Friendly blog entry.
Former NBA Commissioner David Stern spoke about sports betting at the recent Global Gaming Expo in Las Vegas. Stern has never been as gung-ho about legalized sports betting as current commish Adam Silver. And Stern seems to be missing the point by claiming that legalization would help curb the amount of gambling connected to organized crime. We've spoke about this before that just because there is legalization doesn't mean that offshore/offscreen world will dissolve. It isn't going anywhere, David. That said, Stern did recognize that interest would only increase with more Sunday afternoon couch bettors tuned in to the Cleveland-Washington game.

“There’s a lot out there that’s being bet illegally,” Stern said during a 50-minute talk with American Gaming Association President Geoff Freeman in front of about 500 show attendees. “If we can fix this, it would be a big hit to organized crime.”

“I believe there’s going to be a lot more competition for the sports viewers,” he said. “(Betting) will be a driver of people to watch those games in which they have a financial interest, and as a result, they’ll be more likely to watch.”

Tags: NBA

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