The sports betting industry is booming across the United States. In the past two years, several major sports leagues have signed official betting agreements with mobile betting operators. These contracts will give mobile sportsbooks access to official data and statistics. Some sportsbooks will also be able to offer NFL betting.
Before PASPA, sports betting was illegal in most states. However, the Supreme Court ruled against the Professional and Amateur Sports Protection Act in 2018. This was a major boon for mobile bettors. Several companies began to offer mobile sports betting apps in the months before the Super Bowl.
With the new law, bettors can now wager on in-state sports. New York sports bettors can also bet on futures. For example, they can place bets on the 2022 season for the NY Yankees. During this time, they can take advantage of risk-free bet deals.
PGA TOUR has also announced a multi-year marketing and content partnership. Additionally, DraftKings will become an official betting partner for the UFC. Combined, these deals will create in-game promotions and odds generation.
NASCAR, meanwhile, has developed a first-of-its-kind official sportsbook product. In addition to offering a multitude of in-race bet types, this solution allows sportsbooks to take bets on every lap of every race. It gives fans in regulated markets a highly engaging live experience.
There are currently 15 online sportsbooks available in Michigan. However, only three have been designated as NFL betting partners. While some have expressed fears over legality, these sites are heavily regulated by the Michigan Gaming Control Board and ensure that bets are fair and secure.