Press Releases
New York’s Tom Thibodeau wins 2020-21 NBA Coach of the Year Award
New York Knicks head coach Tom Thibodeau is the recipient of the Red Auerbach Trophy as the 2020-21 NBA Coach of the Year, the NBA (www.NBA.com) announced yesterday.
This is the second NBA Coach of the Year Award for Thibodeau, who earned the honor in the 2010-11 season with the Chicago Bulls in his first season as an NBA head coach. Now honored in his first season as the Knicks’ head coach, Thibodeau has become the first person to be named NBA Coach of the Year in his first season as head coach with two different franchises. (Cotton Fitzsimmons won the award in his first season as the Kansas City Kings’ head coach, 1978-79, and again in the first season of his second tenure as the Phoenix Suns’ head coach, 1988-89).
Thibodeau received 43 first-place votes and earned 351 total points to edge Phoenix head coach Monty Williams, who finished in second place with 340 points (45 first-place votes). The 11-point difference between the first- and second-place finishers marks the smallest margin since the current NBA Coach of the Year voting format was introduced in the 2002-03 season.
Utah Jazz head coach Quin Snyder finished in third place with 161 points (10 first-place votes). Coaches were awarded five points for each first-place vote, three points for each second-place vote and one point for each third-place vote from a global panel of 100 sportswriters and broadcasters.
With Thibodeau as head coach, New York finished tied for the fourth-best record in the Eastern Conference (41-31) and made the NBA Playoffs for the first time since the 2012-13 season. The Knicks won 16 of their final 20 games to complete a turnaround from last season’s overall record of 21-45.
Thibodeau led New York to an 11-4 record in April for its winningest month since March 2014 (11-5). He was selected as the NBA Eastern Conference Coach of the Month for May after guiding the Knicks to a 6-3 record in the final month of the regular season.
The Knicks showed dramatic improvement on defense with Thibodeau at the helm, leading the NBA in points allowed (104.7) and opponents’ field goal percentage (44.0) and ranking fourth in defensive rating (107.8). Last season, New York finished 17th or lower in all three categories.
Under Thibodeau, Julius Randle was named an NBA All-Star for the first time and won the 2020-21 Kia NBA Most Improved Player Award. In addition, Derrick Rose was a finalist for the 2020-21 Kia NBA Sixth Man Award, 2021 NBA Rising Stars selection RJ Barrett ranked as the fourth-leading scorer among second-year NBA players (17.6 ppg), and rookie Immanuel Quickley averaged 11.4 points after being selected by New York with the 25th overall pick in the 2020 NBA Draft.
Thibodeau is the 10th head coach to win the NBA Coach of the Year Award more than once and the eighth to do it with multiple franchises. In addition, he is the third head coach to be selected as NBA Coach of the Year with the Knicks, joining Red Holzman (1969-70) and Pat Riley (1992-93).
New York hired Thibodeau as its head coach on July 30, 2020. He has a career regular-season record of 393-277 (.587) in nine seasons as an NBA head coach, guiding teams to the playoffs seven times. Before joining the Knicks, he served as head coach of the Bulls for five seasons (2010-15) and the Minnesota Timberwolves over three seasons (2016-19).
The NBA Coach of the Year Award trophy is named in honor of Naismith Memorial Basketball Hall of Famer Red Auerbach. The legendary head coach guided the Celtics to nine NBA championships, including eight in a row from 1959-66.
Latest News
MAJOR LEAGUE BASEBALL SELECTS SPORTRADAR TO TRANSFORM PLAYER TALENT SCOUTING FOR ALL 30 CLUBS
Sportradar today announced a multiyear agreement with Major League Baseball (MLB) to offer unparalleled sports performance analysis of amateur baseball prospects, through its Synergy Coaching and Scouting solution, to the league and its 30 Clubs. This new partnership will revolutionize player talent scouting through Sportradar’s advanced, proprietary technology and highlights Sportradar’s commitment to delivering innovative and game-changing solutions to the league.
Under the agreement, MLB and its 30 Clubs will gain access to an unprecedented depth of player analysis and insights with event coverage expanding significantly, from 3,300 to more than 20,000 games – an over 600% increase. This includes college, international, professional partner leagues and leading amateur leagues, such as the MLB Draft League, the Appalachian League and MLB Develops events, and, for the first time, top high school events.
The Synergy Coaching and Scouting solution is uniquely positioned to address the player evaluation needs of MLB as it leverages Sportradar’s expertise ingesting and transforming millions of data points from video into detailed metrics, actionable insights and dynamic visualizations. This, combined with Sportradar’s AI-powered sports performance technology, enables Synergy to provide unparalleled, in-depth analysis of every player, play and game situation, and equips MLB and Club scouts with the information and insights they need to streamline the evaluation process, guide draft decisions and support the development of future MLB players.
“Sportradar’s cutting-edge technology, alongside our reputation as a trusted partner to leading US sports leagues, is driving the transformation of sports performance analysis,” said Eduard Blonk, Chief Commercial Officer, Sportradar. “Through Synergy we are pleased that we are expanding our relationship with MLB, equipping them with the deep data and insights they need to identify the next generation of players. We are eager to continue bringing innovative solutions to MLB.”
“We are excited to expand our relationship with Sportradar and ensure equal access to the Synergy video and data services for all 30 MLB Clubs. This platform has become a key resource for Clubs in the domestic and international scouting process and we look forward to continuing our work with Sportradar in the coming years,” said John D’Angelo, MLB’s Sr. Vice President of Amateur and Medical Operations.
Financial reports
Commercial Gaming Revenue Growth Continues in Q3 2024, Driving Industry’s 15th Consecutive Quarter of Growth
U.S. commercial gaming revenue reached $17.71 billion in Q3 2024, the industry’s highest-grossing Q3 on record, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. This makes Q3 2024 the industry’s 15th consecutive quarter of annual revenue growth, with September marking the 43rd straight month of rising year-over-year commercial gaming revenue.
Through the first nine months of the year, nationwide commercial gaming revenue stands at $53.24 billion, pacing 8.0 percent ahead of 2023 and putting the industry on track for a fourth straight record revenue year.
In Q3 2024, 29 of the 35 commercial gaming jurisdictions operational last year saw increased year-over-year revenue. This growth resulted in an 8.9 percent year-over-year increase in state and local taxes tied directly to gaming revenue, with commercial gaming operators contributing $3.79 billion in taxes across the quarter.
Quarterly revenue from land-based gaming – encompassing casino slots, table games and retail sports betting – totaled $12.56 billion, 0.62 percent lower than Q3 2023. Meanwhile, combined revenue from online sports betting and iGaming totaled $5.14 billion in Q3 2024 as online gaming made up 29.0 percent of commercial gaming revenue, a significantly higher share than in Q3 2023.
Looking at each sector in Q3 2024:
- Traditional Gaming: Traditional brick-and-mortar casino gaming generated quarterly revenue of $12.38 billion, a contraction of 0.9 percent year-over-year.
- Legal Sports Betting: Americans legally wagered $30.3 billion on sports, generating $3.24 billion in quarterly revenue (+42.4% YoY). Recent market launches in Kentucky, Maine, North Carolina and Vermont contributed to this growth.
- iGaming: iGaming generated $2.08 billion in revenue, marking a 30.3 percent year-over-year increase.
“Q3 2024 continued gaming’s momentum from the first half of the year, with online casino and sports betting driving strong growth. At the same time, new brick-and-mortar casino openings bolstered traditional gaming, which still accounts for the bulk of industry revenue,” said AGA Vice President of Research David Forman. “More than a quarter of commercial revenue now regularly comes from online sources, raising the importance of continued sustainable growth with consumers in those states.”
Latest News
BGaming pens Brazilian multi-brand agreement with Cometa Gaming
Popular iGaming content provider BGaming has solidified its market position in Brazil by securing an aggregation deal with Cometa Gaming.
Cometa Gaming is an online casino and sportsbook aggregator with several brands in Brazilian market, all in the regulatory process. The group handpicks the best slot studios in the industry to meet the high standards of its passionate players.
BGaming has initially launched its entire portfolio with Cometa Gaming’s iGaming and sports betting brand Br4bet, including popular titles such as Fruit Million, Burning Chilli X and Space XY. The provider will continue to roll out its games across several of the platform’s other brands over the coming months.
This latest partnership demonstrates BGaming’s growing demand in LatAm ahead of the Brazil’s regulated market launching in January, where it remains committed to delivering a safe, fair and entertaining experience for players.
Gian Carlo Ferrini, Sales Manager at BGaming, said: “Partnering with Cometa Gaming is a major move for BGaming, enabling us to broaden the reach of our award-winning content to LatAm players across its multiple brands. So far, we have enjoyed early success with Br4bet and look forward to launching with Cometa Gaming’s other casino sites in the future.”
Thomaz Campos, COO at Cometa Gaming, said: “BGaming continues to break new ground in Brazil and we are delighted to have them live on Br4bet. Their games will help us achieve our goal of delivering the most appealing and forward-thinking content to players, as we both work towards a shared commitment to excellence.”
BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,600+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 150+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.
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