Earlier this month, new NBA commissioner Adam Silver penned a New York Times op-ed called “Legalize and Regulate Sports Betting.” The column was exactly what its title would lead you to believe it was. Silver highlighted the ongoing mega-industry of sports betting — a mixture of illegal activity and tricky maneuvering through legislation made possible by the internet — and called for professional sports leagues to take hold of the phenomenon for themselves, and bring it into daylight.
“There is no solid data on the volume of illegal sports betting activity in the United States,” Silver wrote, “but some estimate that nearly $400 billion is illegally wagered on sports each year.” Silver also noted that things are different — and, by implication, more reasonable — abroad: “Outside of the United States, sports betting and other forms of gambling are popular, widely legal and subject to regulation. In England, for example, a sports bet can be placed on a smartphone, at a stadium kiosk or even using a television remote control.”
Silver’s voice is one thing, but now a louder one is joining in. Over the weekend, Mark Cuban echoed his commissioner’s sentiments. “I agree 100 percent," Cuban told reporters before his Dallas Mavericks fell to the Houston Rockets. ”I think we're the world's biggest hypocrites when we say, 'Oh, we don't want you betting on our games,' and then we get all excited about the sports betting line and people go to Vegas on trips won from the NBA or NFL.
“I mean, it's hugely hypocritical. I just think that Adam did the exact right thing. I think by focusing on the federal regulations and making the changes there, that it will change. It's just a question of when. I think over the next three to five years, it will change. And it'll be interesting to see how the NFL reacts as well, because they've still so far said that they're adamant against it because I guess they have data that says the NFL doesn't benefit from gambling.”
Now, who wants to throw down on some over/unders about Cuban’s suggested timeline?
— John Wilmes