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Forbes: NY Knicks highest-valued NBA team, worth $4B

The New York Knicks are worth $4 billion, making them the most valuable NBA team for the fourth straight year, according to Forbes . That’s despite having the worst record among the league’s 30 teams.

New Jersey sportsbooks lose $4.6M on $34.9M in Super Bowl bets

New Jersey gambling regulators say its sportsbooks lost $4.6 million on $34.9 million in Super Bowl wagers, the first major sporting event for bettors since sports gambling was legalized in the state last year.