How The NBA, NHL and Gambling Relate

Jan 23, 2014 | USA Online Casino News

Partypoker is coming up for just about everything online gaming. In fact, there will be no downfall to this company’s marketing ploys. Currently the company has signed a deal that has said to be with $10 million with the New Jersey Devils. The NHL company is excited and ready to come together in a way that will benefit both parties. Another company that has jumped on this wagon is the Philadelphia 76ers. Though Pennsylvania has not opened any online casinos, nor has the bill been signed. The partnership will give Partypoker a big boost in advertising for when the time comes to start allowing clients from the United States in partnership with the state.

How The NBA, NHL and Gambling Relate

Fans of sports and fans of gambling always seem to be competitive types. The personalities mesh well. This is probably why online gambling companies are now in the works of putting deals together with various sports leagues. Since the regulation of online gambling is becoming more and more apparent, the owners of companies are becoming more crafty with their advertising, before their companies even go online.

New Jersey was the third state to turn to online gaming when their land based casino revenue started to slump. Within the first six weeks, the state earned around $1.2 million just from the one online casino that was opened for it’s residents. Though the number is about seven million less than projected, the state still has high hopes for more revenue in the coming months. Some of the short coming is due to the fact that advertising was minimal and patchy. Another issue was that players were unable to successfully register an online account in places that were closer to the borders of the state.

Partypoker is coming up for just about everything online gaming. In fact, there will be no downfall to this company’s marketing ploys. Currently the company has signed a deal that has said to be with $10 million with the New Jersey Devils. The NHL company is excited and ready to come together in a way that will benefit both parties. Another company that has jumped on this wagon is the Philadelphia 76ers. Though Pennsylvania has not opened any online casinos, nor has the bill been signed. The partnership will give Partypoker a big boost in advertising for when the time comes to start allowing clients from the United States in partnership with the state.

One stipulation of the deal is that the site cannot allow any kind of sports gambling or sports betting. This part of the deal is still in the grey area for players within the United States. The only state where online sports betting is legal is Delaware. Wall Street analysts predict that the online gambling industry will bring $200 to $300 million in the first year from state to state. Online gambling is a billion dollar industry. As it stands today, all of the money collected from United States players is sent to over seas companies. As many as nine different states are currently in the market for opening online casinos however, it does seem as though a law will need to be submitted in perfect format in order to have it approved. Also, states with Native American only casinos will need to prove that the implication of online gaming will not pose as a threat to the existing casinos and their livelihood.