Sacramento Kings owners Will start taking bets on NBA games

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  • bigboydan
    SBR Aristocracy
    • 08-10-05
    • 55420

    #1
    Sacramento Kings owners Will start taking bets on NBA games
    Stern shouldn't let this happen after last year referee scandal.

    Maloof-run Palms casino to take bets on NBA games despite family ownership of Sacramento Kings

    LAS VEGAS - The NBA Board of Governors voted to allow the Palms Casino Resort in Las Vegas to accept bets on league games even though the Maloof family owns both the casino and the Sacramento Kings, owner George Maloof Jr. said Thursday.

    Maloof told The Associated Press the unanimous vote Thursday means that for the first time the Palms will be allowed to take wagers on all NBA teams, except the Kings.

    The arrangement is similar to a deal between the NBA and casino company Harrah's Entertainment Inc., whose chief executive Gary Loveman owns a 2.4 percent stake in the Boston Celtics. Harrah's casinos accept wagers on all NBA games except those involving the Celtics.

    "The Celtics kind of opened the door a little bit," Maloof said. "We just thought it would be fair to do the same thing with us."

    Maloof said he had talked to the league for some time about such an arrangement, but began a formal push about six months ago.

    Spokesmen for the NBA did not immediately return calls seeking comment.

    Maloof said he had not calculated how much NBA betting action the Palms expects, but said the move is about keeping customers from gambling on games elsewhere.

    "The fact that somebody couldn't book a bet and had to go off property drove me crazy because ... you want to provide every service for your guest and you want to be competitive," Maloof said.

    Oddsmaker John Harper of Las Vegas Sports Consultants said NBA betting is popular because games are played throughout the week and the season is 82 games, not including playoffs.

    But for sports bettors, basketball is far less popular than college and professional football.

    "Football is king, and that's far above anything else," Harper said.
  • Panic
    SBR Posting Legend
    • 01-06-08
    • 10367

    #2
    Agreed. This has disaster written all over it.
    Comment
    • Brock Landers
      SBR Aristocracy
      • 06-30-08
      • 45359

      #3
      whats the big deal, they book bets everywhere else in town and all over the world on the net, so what if another book takes some NBA bets, won't even make a dent
      Comment
      • I.R.B
        SBR MVP
        • 08-12-08
        • 3209

        #4
        Dont see them trying to cheat anyone is thats the concern
        Comment
        • Panic
          SBR Posting Legend
          • 01-06-08
          • 10367

          #5
          They can fix the Sacramento games. Thats the big deal. Palm gets heavy action for or against the Kings...what do you think will happen?
          Comment
          • Brock Landers
            SBR Aristocracy
            • 06-30-08
            • 45359

            #6
            Originally posted by Panic
            They can fix the Sacramento games. Thats the big deal. Palm gets heavy action for or against the Kings...what do you think will happen?
            they can bet at any casino/Sportsbook, this one being added makes little to no difference
            Comment
            • Panic
              SBR Posting Legend
              • 01-06-08
              • 10367

              #7
              Originally posted by Brock Landers
              they can bet at any casino/Sportsbook, this one being added makes little to no difference

              but the other casino's dont own sports teams
              Comment
              • Panic
                SBR Posting Legend
                • 01-06-08
                • 10367

                #8
                At the very least they should not allow them to take action when the Sacramento Kings are involved.
                Comment
                • donjuan
                  SBR MVP
                  • 08-29-07
                  • 3993

                  #9
                  At the very least they should not allow them to take action when the Sacramento Kings are involved.
                  Why bother reading the article when you can comment on it without a clue to its content?
                  Comment
                  • Panic
                    SBR Posting Legend
                    • 01-06-08
                    • 10367

                    #10
                    Originally posted by donjuan
                    Why bother reading the article when you can comment on it without a clue to its content?

                    lol. my bad. Didnt see the exclusion of the Kings wagers.
                    Comment
                    • onlooker
                      BARRELED IN @ SBR!
                      • 08-10-05
                      • 36572

                      #11
                      I don't see anything wrong with it.
                      Comment
                      • durito
                        SBR Posting Legend
                        • 07-03-06
                        • 13173

                        #12
                        There is no problem here.

                        In free countries sportsbooks even sponsor teams.
                        Comment
                        • smitch124
                          SBR Posting Legend
                          • 05-19-08
                          • 12566

                          #13
                          Originally posted by durito
                          There is no problem here.

                          In free countries sportsbooks even sponsor teams.


                          Touche
                          Comment
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