Posted Oct 23 2008 7:51PM
LAS VEGAS -- Palms casino operator George Maloof Jr. says the NBA Board of Governors has voted to allow the casino to accept bets on the league's games even though the Maloof family owns both the casino and the Sacramento Kings.
Maloof says Thursday's unanimous vote allows the Las Vegas casino to take wagers on all NBA teams for the first time, except the Kings.
The arrangement is similar to a deal between the league and Harrah's Entertainment Inc., whose chief executive Gary Loveman owns a 2.4 percent stake in the Boston Celtics.
Maloof says he has not calculated how much NBA betting action the Palms expects.
He says he has been formally pushing the league to allow NBA wagering for six months.
 | MVP Performance in Slow Motion Relive 3-time MVP LeBron James' victory over the Indiana Pacers in Game 1 of the Eastern Conference semifinals. |
 | BIG Tuesday The Pacers even the score at a game apiece while the Spurs take advantage of an injury riddled Clippers team with a win in Game 1. |
 | Pacers vs. Heat Game 2 The Indiana Pacers hang on to extinguish the Miami Heat in Game 2, 78-75. |
 | Heat/Pacers Game 3 Preview The Heat and Pacers are heading to Indiana for Game 3 on Thursday. |
 | Shot of the Night Blake Griffin makes a nice move to get free and slams home the two-handed dunk. |
Copyright © NBA Media Ventures, LLC. All rights reserved. No portion of NBA.com may be duplicated, redistributed or manipulated in any form. By accessing any information beyond this page, you agree to abide by the Privacy Policy / Your California Privacy Rights and Terms of Use. | Ad Choices 
NBA.com is part of Turner Sports Digital, part of the Turner Sports & Entertainment Digital Network.
