The NBA has jumped on the bandwagon of official betting, partnering with DraftKings and FanDuel to make them co-official sportsbooks. The NBA said in a statement that the expanded partnerships give the two companies broad rights to incorporate NBA data and content into their sportsbooks, daily fantasy sports products and free-to-play games. The league said it will use the partnership to educate fans on responsible gambling and how to keep their accounts safe.
The move comes after the Supreme Court ruled in favor of New Jersey in its challenge to the 1992 Professional and Amateur Sports Protection Act (PASPA). PASPA prohibited states from regulating, advertising, marketing or operating sports wagering.
Legal sports betting has become commonplace in 35 states after the Supreme Court ruling, and Congress is considering legislation to expand federal oversight of the industry. But while former Senate Majority Leader Orrin Hatch and others have introduced legislation, it has not yet been reintroduced in the 115th Congress.
In 2022, the NCAA launched its first sports betting e-learning module designed to educate students and prospective student-athletes about problem gambling and how to protect the integrity of the sport. It also encourages current student-athletes to share their personal experiences with sports betting to help educate others. And it supports the efforts of state gaming authorities, collegiate institutions and sportsbook operators to work together through a network of contacts to prevent and detect integrity concerns. In addition, it advocates for updating existing state sports betting laws and ensuring that all betting providers comply with rigorous licensing regimes that protect player safety and game integrity.