TV Basketball seems to be a 4-player version of the Taito Basketball arcade game released earlier (?) the same year (1974).

Basically, it's a pong variant where each player control two players (defenser and forward) or one player (4 player option) using the 4 knobs on the control panel.

The ball reacts as a normal pong game, but the the only way to score is to direct the ball into the basketball goals (from the top).

The gameplay is time limited. The timer is displayed at the top of the screen.

Each goal score 2 points.