NBA interested in participating in sports betting

Legalized sports gambling in the U.S. is likely to spread and the National Basketball Association expects to profit from it, league Commissioner Adam Silver said.

While the NBA did not support New Jersey Governor Christopher Christie’s plan to implement sports gambling, the league does expect to face and profit from the broadening of legal sports gaming in the U.S.

“It’s inevitable that, if all these states are broke, that there will be legalized sports betting in more states than Nevada and we will ultimately participate in that,” said Silver.