Tag: philadelphia 76ers
U.S. sports teams sign historic deal with Party Poker
January 10, 2014
Bloomberg – The Josh Harris-controlled Philadelphia 76ers and New Jersey Devils signed a multiyear marketing agreement with partypoker, becoming the first major U.S.-based professional sports teams to align themselves with online gambling. The agreement with the unit of Gibraltar-based Bwin.Party Digital Entertainment Plc (BPTY), the teams and Prudential Center, home to the Devils, comes about a year after New Jersey legalized online gambling, which is expected to be a $7.4 billion business in the U.S. by 2017, according to the research firm H2 Gambling Capital. Nevada and Delaware are the only other states to allow online gambling. “This is our…