Prediction markets began in the 1980s as an academic research tool at the University of Iowa. The aim was to see if collective wisdom could predict political outcomes more accurately than traditional polling. This idea appears to have merit: While polls viewed the 2024 U.S. election as a coin toss,[Read More…]
Tag: Adam Silver
Adam Silver’s woeful mismanagement of NBA gambling partnerships
Earlier this week, Miami Heat announced that they are expected to waive Terry Rozier ahead of the National Basketball Association (NBA) playoffs. Rozier was arrested in October 2025 and charged with wire fraud conspiracy and money laundering conspiracy. As it is alleged, he manipulated statistical outcomes while telling associates to[Read More…]
Behind the Bench: More than the franchise: The soft power of the sports business
The political agency of sports is often downplayed in popular conversation, if not totally ruled out. While scoring a goal from centre ice doesn’t exactly warrant a parliamentary medal, sport culture is fostering a growing liberalism. Furthermore, a desire from sporting entities to maintain a wide audience has the potential[Read More…]
Behind the Bench: Happy days in the NBA
The fabric of a league rarely differs all that much on opening night from what it was the year before.