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NBA Extends $2B Betting Deal as Global Wagering Soars

11/1/2025

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Summary

Story summary

The National Basketball Association (NBA) and Sportradar signed a deal extending real-time betting data rights through the 2030-31 season for more than $2 billion.
The deal enables live prop bets in broadcasts.
In Formula 1, micro-betting topped $1 billion in 2024 on lap times and pit stops.
Mongolia launched licensed digital wagering during Naadam, boosting sign-ups 40%.
Regulatory changes in Australia and France aim to limit gambling ads, while Ontario's iGaming market generated CAD $2.3 billion.

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Story summary

The National Basketball Association (NBA) and Sportradar signed a deal extending real-time betting data rights through the 2030-31 season for more than $2 billion.
The deal enables live prop bets in broadcasts.
In Formula 1, micro-betting topped $1 billion in 2024 on lap times and pit stops.
Mongolia launched licensed digital wagering during Naadam, boosting sign-ups 40%.
Regulatory changes in Australia and France aim to limit gambling ads, while Ontario's iGaming market generated CAD $2.3 billion.