The NBA is ready to go all-in on legalized gambling.
ESPN reported Wednesday that the NBA has "formally requested" a set of guidelines by which it would abide gambling on its games, the latest in a series of signals that the league has warmed to the idea of sports betting. The NBA's proposal stipulates that it receive a 1 percent cut on any bets that are made on its games, which "could create massive revenue" for the league, ESPN explains.
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