Las Vegas-based MGM has entered a sports gaming sponsorship agreement with the NBA, league commissioner Adam Silver announced Tuesday.
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Derek Stevens has gained priceless promotional value with his NCAA Tournament gambit. Before the tournament, the aggressively loyal Michigan grad bet $25,000 on the Wolverines to win the championship at 40-1 odds.
The American Gaming Association believes $10 billion will be bet on the NCAA “March Madness” basketball tournament that begins this week and only 3 percent of that will be wagered legally.