NBA – GamblersNews https://gamblersnews.com Betting News Hub Fri, 25 Oct 2019 14:48:07 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.10 https://gamblersnews.com/wp-content/uploads/2019/01/cropped-gambling-icon-32x32.png NBA – GamblersNews https://gamblersnews.com 32 32 William Hill US Becoming Official NBA Sports Betting Operator https://gamblersnews.com/william-hill-us-becoming-official-nba-sports-betting-operator/927/ https://gamblersnews.com/william-hill-us-becoming-official-nba-sports-betting-operator/927/#respond Fri, 25 Oct 2019 14:48:07 +0000 https://gamblersnews.com/?p=927 One of the biggest, most prominent gaming companies in the industry, William Hill U.S. has just inked an extremely important partnership deal which will make the company fully authorized sports betting operator of the NBA. In order to make this happen, the London-based company has partnered with the owner of the popular Capital One Arena […]

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One of the biggest, most prominent gaming companies in the industry, William Hill U.S. has just inked an extremely important partnership deal which will make the company fully authorized sports betting operator of the NBA. In order to make this happen, the London-based company has partnered with the owner of the popular Capital One Arena located in Washington DC, Monumental Sports and Entertainment.

Under the terms of this business agreement, William Hill US will craft the very first sportsbook within a United States-based sports arena. Needless to say, this is a major accomplishment for the London Stock Exchange-listed company which has been around since 1934. The company was founded by William Hill in London, the UK. At the time of its inception, gambling was considered illegal which surely posed major threats for the company.

Since its inception, William Hill changed many owners over the years. First of all, the company was acquired by Sears Holdings back in 1971. Then, Grand Metropolitan purchased the company in 1988 before Brent Walker acquired it in 1989. Several years later in 1997, a Japan-based investment bank mounted a massive £700 million-worth William Hill leverage buyout following Brent Walker’s financial struggles and growing debts which at the time exceeded £1.3 billion.

William Hill Operations Outside the United Kingdom

The company’s financial struggles did not stop here. In 1999, the Japanese investment bank offloaded the entire company to privately owned equities CVC Capital Partners and Cinven for around £825 million. The company’s stocks eventually appeared on the London Stock Exchange back in 2002. At this time, the company was in a better place in terms of its finances which led to its rapid growth. WH acquired Sunderland Greyhound Stadium in 2002, followed by the acquisition of Newcastle Greyhound Stadium a year later.

Two years later, William Hill acquired more than seven hundred betting offices across the United Kingdom, Isle of Man, and the Republic of Ireland. This acquisition, in particular, took the company to the very top position in the rich, highly competitive United Kingdom betting market. When it comes to the company’s operations outside its home country, William Hill operates worldwide with more than 14,000 people working across its board.

In June of 2002, the company expanded its operations to Nevada which at the time was the only US state allowing sports wagering. During the process of its expansion in the state of Nevada, William Hill purchased three sportsbook chains, Club Cal Neva, Leroy’s and Lucky’s for around $53 million. After the Supreme Court’s ruling from June 2018 which allowed New Jersey to legalize some sports betting activities, William Hill entered this market as well and started offering services to Ocean Resort Casino and Monmouth Park Racetrack both located in New Jersey.

The Deal Kicking Off Just in Time

When it comes to the company’s latest partnership deal, William Hill is allowed to use the official National Basketball Association’s betting data while at the same time, the NBA will work on promoting its partner across its several different holdings including its social media, NBA.com and NBA.app platforms. All in all, the business deal comes at the right time as the NBA regular season kicks off on the 22nd of October.

Commenting on the news, the NBA’s Head of Fantasy and Gaming, as well as its Senior Vice President Scott Kaufman-Ross, said in its official press release that William Hill as a global, internationally-recognized brand makes a perfect partner for the NBA. He also added that William Hill which has entered the US betting market several years ago will provide a true, world-class experience to all fans of the NBA.

On their part, the William Hill officials said that the company is extremely proud of this latest creative partnership which will benefit both parties. The partnership deal with William Hill is the NBA’s fourth alignment of this kind as the association has already inked deals with MGM Resorts, FanDuel, and the Stars Group.

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NBPA and NBA Partnering with Highlight Games Limited https://gamblersnews.com/nbpa-and-nba-partnering-with-highlight-games-limited/579/ https://gamblersnews.com/nbpa-and-nba-partnering-with-highlight-games-limited/579/#respond Tue, 02 Jul 2019 18:28:08 +0000 https://gamblersnews.com/?p=579 The National Basketball Association or for short the NBA has recently announced that the association is planning on launching its virtual sportsbetting title in the near future alongside Highlight Games Limited.  Highlight Games Limited is one of the most prominent British sports games manufacturers in the industry with an impeccable reputation. This partnership deal was […]

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The National Basketball Association or for short the NBA has recently announced that the association is planning on launching its virtual sportsbetting title in the near future alongside Highlight Games Limited.  Highlight Games Limited is one of the most prominent British sports games manufacturers in the industry with an impeccable reputation. This partnership deal was announced in an official press release.

Here, the organizer of the most elite men’s basketball league announced that its upcoming NBA Last 90 will include real game footage as well as exciting game highlights. The press release also detailed that NBA Last 90 has the blessing of the NBPA or National Basketball Players Association. All in all, this is one of those groundbreaking partnership deals which can surely add more fun and thrill to virtual sportsbetting across multiple sportsbetting operators in the industry.

NBA Last 90 Offered to All Licensed Sportsbetting Operators

With its upcoming NBA Last 90, the biggest basketball association is entering the world of sportsbetting in a grandiose way. With this virtual sports game, all basketball fans will be able to place real money wagers on all sorts of props. The game itself will be active soon to cover the 2019-2020 season.

Moreover, with NBA Last 90, interested players will be able to wager real money on all sorts of outcomes such as which team win, who scores the most points, total points scored by both teams and other during the last ninety seconds of simulated games between two teams. The game will also include footage and highlights of actual NBA matches which played in previous sessions.

In addition to its most recent partnership deal with Highlight Games Limited, the NBA has also struck several other deals such as its partnership deal with popular MGM Resorts which made MGM, the association’s official partner in the gaming industry. In other words, the NBA has been very proactive in recent times when it comes to the virtual sportsbetting industry.

As expected, NBA Last 90 will allow all fans of the NBA to be more engaged with NBA sporting actions simply because they will be financially invested in the NBA action. When it comes to the latest partnership between Highlight Games Limited and NBA, it will allow fans of virtual sportsbetting to place real money wagers on basketball simulated games.

NBA Last 90 Premiering in Europe

It should be noted that NBA Last 90 is set to debut in Europe first while it will probably enter the United States following year. The game will be distributed to only fully licensed and regulated gaming operators. Hence, fans of virtual sportsbetting can expect to see NBA Last 90 across all sorts of gaming channels including mobile applications, online gaming platforms as well as multiple retail locations.

It also should be noted that NBA Last 90 is very similar to another product offered by the Pennsylvania Lottery named the Xpress Sports. This product allows fans of football and several other sports to watch virtual teams as they play and place real money wagers among sixteen different outcomes. Wagers offered usually range from only $1 up to $20 while random number generators as in other games of this kind determine the outcomes.

The Xpress Sports Products platform including Xpress Football and Xpress Car Racing in which twelve cards race in simulated races including two laps. As expected, players predict which one will finish the race as first-placed, second-placed and third-placed. When it comes to NBA Last 90, it will be also powered by RNGs and it will also offer a great variety of outcomes o wager on.

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