NBA signs deal with MGM Resorts as legal sports betting takes root
NBA signs deal with MGM Resorts as legal sports betting takes root
If you’re the kind of sports fan who likes to put a little money on games, there was some news for you this week. The National Basketball Association has become the first major sports league in this country to sign a deal with a sports betting operation. Back in May the Supreme Court said it was okay for states to legalize sports betting, meaning Las Vegas would no longer have a monopoly. ESPN reports the deal the NBA signed with MGM Resorts is worth $25 million over three years.
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