Running fine on Windows 7 64 bit for me, too. Only issue is that the process for the executable file doesn't terminate properly upon quitting the game, so you either have to close it manually using the Task Manager, or run
this batch file that I created after exiting. Otherwise, if you try to run the game again without restarting, it won't load because there's still a process active in the background.
Same deal for NBA Live 2005-07, but it's the same fix, and I've created batch files for them as well that are also available in the Downloads section.