NFL is the latest American sports league to sign an official betting deal. The NFL announced three sportsbooks as its official betting partners. The deals give the sportsbooks access to official league data and statistics, which they can then use to advertise their brand and affiliation with the NFL. If the five-year deal works, the NFL will receive nearly $1 billion. After three years, they can opt out and continue working with other sportsbooks. Official betting deals have become a hot topic among sports fans, as the NFL is the largest sporting organization in the world.
To protect its players from corruption, the NFL offers gambling-related training to its players. The league also employs best-in-class monitoring to track gambling-related activity. The NFL’s shift comes as cord-cutting disrupts many business models. The NHL also investigated the allegations of Evander Kane’s wife, but Kane denied the accusations. The NFL and NHL are taking measures to protect themselves against corruption. Official betting is a necessary part of the gambling process, so that sports enthusiasts can bet safely on their favorite team.
In the United States, sports betting has only recently become legal. Some states, including Delaware, have legalized the activity, but it is not yet available to citizens. Delaware, for example, made it legal in March, and it is planning to add more sportsbooks. Mobile betting will also be available. And in Florida, lawmakers approved the legalization of sports betting in 2021, but lawsuits have delayed the official start of the sport. However, the Seminole Tribe and Hard Rock Sportsbook launched online sports betting on Nov. 1, 2021. Despite the ongoing lawsuit, the app has been shut down, as the legal battle continues.