Chatting with moderator Kendra Andrews from ESPN, Silver was asked about a myriad of topics, but his most poignant comments came in response to the enduring evolution of legal sports betting in the US. Today, more than 30 states have legal, regulated sports betting.
Silver, a longtime proponent of legalizing sports betting, said the NBA and the other members of the “Big Four,” the NFL, MLB, and NHL, should focus more on educating the nation’s youth about sports gambling.
“I think there’s a responsibility for these leagues to invest in more education, not just for our own players but for young people,” Silver said.
The NBA chief executive expressed concerns about problematic betting rates among college students. That’s a notion shared by the public, as a recent poll conducted by Deloitte found that almost 60% of non-bettors in the US believe the perpetual expansion and incessant advertising for sports betting could have consequential, long-term effects.
For many decades, the NFL, NBA, MLB, and NHL strongly opposed efforts to end the federal prohibition on sports betting that had limited single-game wagering to Nevada. But that sturdy stance began easing after Silver succeeded David Stern in 2014.
Writing that year in a New York Times article, Silver opined that legalizing sports betting and bringing such gambling into a regulated environment would benefit the leagues, bettors, and state governments.
“I believe that sports betting should be brought out of the underground and into the sunlight where it can be appropriately monitored,” Stern wrote. The remarks were the first time a big four commissioner expressed support for legal sports betting.
“People want to bet throughout the game. It results in enormous engagement with the fans,” Silver added.
But Silver this week said such increased engagement must be closely monitored to assure game integrity. He explained that the betting industry has developed numerous safeguards that have been implemented to detect suspicious wagering.
“There are very sophisticated algorithms that track it. When they see aberrational betting, you’re going to get caught,” Silver stated.
Source: Casino.org (By Devin O'Connor)
