Brooklyn Nets Owner Shares Sportsbook Ambitions for Arena

TopUsBets.com

By Carter Lee

November 6th, 2019 - 11:30am

Brooklyn Nets CEO David Levy revealed a vision for a sportsbook in Barclays Center on Friday, according to an interview on New York's WFAN Sports Radio transcribed by Nets Daily. Levy is also the CEO of Barclays Center and J Tsai Sports and is the former CEO of Turner Sports Media.

J Tsai Sports is owned by the same owner of the Nets, Joe Tsai, who shares a vision with Levy of the Barclays Center launching a sportsbook in the arena. Tsai also co-founded the Alibaba Group, a holding company specializing in e-commerce and internet and technology.

Levy and Tsai envision a sportsbook located near the main Barclays entrance. Levy described the would-be sportsbook as cashless, meaning it would be a fully digital operation backed by a powerful 5G network. The 5G network would let players swiftly and easily place bets from their seats.

"Joe knows the opportunities around digital and the opportunities around social and this where we are going to build the team," Levy said on WFAN. "That’s how he’s focused on where he’s building his company, Alibaba, and where he thinks he can take the Nets, not just on a domestic, but even on a global basis ... build this brand not just domestically here but build it on a national and global basis.”

However, all of these ideas related to in-arena gaming in Brooklyn are still very much in the incubation stage because New York doesn’t appear to be close to launching statewide mobile sports betting. So time will tell if and when Levi’s and Tsai’s vision comes to fruition.

Barclays As Test for Nationwide Implementation?

David Levy said that the plan is to use Barclays as the proof of concept, then broaden the brand. The Nets CEO remarked that he’s a part of Blue Pool Capital and Joe Tsai Sports and they are investing in media and entertainment, with a plan to eventually launch their concept nationwide, Nets Daily documented.

“So the investment side by using this infrastructure we can invest in technology that we can actually expose in this building, prove that it works and then use in arenas across the country," Levy said.

More Sportsbooks, Sports Lounges in Arenas

The Wells Fargo Center in Philadelphia, home to the NBA’s 76ers and the NHL’s Flyers, is the home of a new concept similar to Levy’s. On Oct. 9, the Wells Fargo Center debuted two sports lounges.

The two lounges are not brick-and-mortar sportsbooks. Instead, bettors place their wagers through the BetRivers online sportsbook app, which is operated by Rush Street Interactive. BetRivers associates are onsite to help players with any questions they have regarding the sports betting app.

It was recently announced that mega bookmaker William Hill and Monumental Sports & Entertainment plan to open a sportsbook in Washington, D.C.’s Capital One Arena, home to the NBA’s Wizards, the WNBA’s Mystics and the NHL’s Capitals.

Monumental, the owners of the three D.C. teams, and William Hill plan to have Capital One Arena’s sportsbook operating by 2020, pending regulatory approval, The Wall Street Journal reported. In nearby New Jersey, the Devils have also secured betting partnerships and opened a sportsbook at the Prudential Center.

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Written By
Carter Lee

Carter Lee is an author, speaker, entertainment, sports journalist and professional gambler,. A former pro wrestler, he enjoys covering sports betting and casino games. He has contributed to many publications, including The Washington Times.

... Read More

Carter Lee is an author, speaker, entertainment, sports journalist and professional gambler,. A former pro wrestler, he enjoys covering sports betting and casino games. He has contributed to many publications, including...

Read More