>> Basketball could be leading the way toward legalized sports betting across the US. A lawyer for the NBA on Wednesday told New York state lawmakers, the league's view of gambling has quote, evolved in recent years. The sport now wants a piece of the multi-billion dollar industry. Specifically, 1% of every bet placed on a professional basketball game.
States are trying to come up with plans to move forward with legal gambling ahead of a Supreme Court ruling that could overturn a 1992 federal ban on sports betting outside of a few states such as Nevada. NBA Commissioner Adam Silver last summer said he expects sports betting to be legalized in the next few years, and his league appears to be the first out of the gate with a plan to cash in.
The NBA also wants gamblers to be able to place bets through smartphones and in shops, not just at casinos and racetracks. The NBA's proposal points to a possible state-by-state and nation wide lobbying campaign by the leagues to open up betting and ensure a peace of the pie for themselves.
But the gambling industry is not 100% on board. The American Gaming Association called the leagues proposal and effort to skim money from American taxpayers. Saying, the role of government does not quote, include transferring money from bettors to multi-billion dollar sports league.