Category Archives: TopSlots

NBA Commissioner Adam Silver Believes Sports Betting Legalization a Slam Dunk in Coming Years



NBA Commissioner Adam Silver is the strongest proponent of legalizing sports gambling associated with the four major professional sports leagues, and this week he predicted that the federal repeal to the current ban will come in the next few years.

Basketball boss Adam Silver thinks the odds of PASPA’s repeal are about as strong as the Golden State Warriors winning another NBA name in the years that are coming. (Image: CBS Sports)

Showing up on a panel alongside the other ‘Big Four’ commissioners, NFL Commissioner Roger Goodell, MLB boss Rob Manfred, and NHL Commissioner Gary Bettman, the executives had been asked to consider in on the long run of gambling in sports.

Silver, needlessly to say, gave the absolute most endorsement that is resounding legalizing activities gambling.

‘My feeling is the legislation will change in the next years that are few the United States,’ Silver explained, as reported by SportsBusiness Journal. Silver added that when regulations changes and sports gambling becomes a right reserved to the states, he hopes jurisdictions that legalize sportsbooks would also allow betting that is in-play.

‘People wish to bet throughout the game. It results in enormous additional engagement with the fans,’ Silver concluded.

The four league bosses were appearing at a conversation titled GameChangers: Creating the Future of Sports. The event ended up being hosted by The Pale Continue reading

Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement

Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement

This week’s casino news follows up on an account from the other day where the Resorts World Catskills ended up being bankruptcy that is nearing. Fast forward to the week plus they’ve found a solution for their financial woes.

Genting Group Purchases Upstate New York Casino

Last week, it had been reported that the Resorts World Catskills was on the brink of bankruptcy. This they’ve found a buyer to help them get out of financial trouble week.

The Genting Group has bought the Resorts World Catskills from Empire Resorts. The announcement comes less than two weeks after the casino’s parent business considered filing for Chapter 11 bankruptcy. Empire Resorts announced the purchase with all of the remaining shares of its $1.2 billion Las Vegas-style casino in Monticello set to transfer over to the Genting Group within the deal.

The Genting Group had been currently the largest investor in this particular casino, owning 86-percent of the stocks before they completed their many recent deal. According to reports, the Genting Group bought the remaining shares at about 15-percent a lot more than their current market value. After its latest purchase, Genting Group now has a total of 40 casinos in its portfolio. Year the expectation is that the sale is to be completed at some point before the end of the calendar.

Las Vegas Sands Corp Facing $12 Billion Lawsuit In Macau

The nevada Sands Corporation is deal Continue reading