NFL Signs Deals With Sports Betting Partners

Although NFL has not formally designated any betting partners yet, it has been announced that it has signed a deal with several sports betting companies that will provide access to its data. Those betting partners will be incorporated into NFL Network broadcasts. However, there is some confusion about which sportsbooks will be able to offer official betting. Below, we’ll take a look at some of the companies that will be able to offer official betting.

The NFL is among the last major leagues in the United States to sign official betting deals. Last April, the league announced deals with DraftKings, FanDuel, and Caesars as official partners. Those companies will receive exclusive league data and allow their brands to be tied to game statistics. If the five-year deal holds up, the league will receive nearly $1 billion in revenue from its new betting partners. The NFL has the right to terminate the deal after three years.

Despite the legalization of sports betting in many U.S. states, the PGA Tour has yet to see the full benefits of this relationship. Despite the legalization of sports betting in several states, the amount of money wagered with official betting operators jumped 50 percent in 2020 and 40 percent in ’21, respectively. And if that’s the case, further growth is inevitable, says Scott Warfield, PGA Tour vice president for gaming.