The Proposed NFL Sports Betting Law

As a sports fan, you may be interested in learning more about the official betting on your favorite teams and athletes. Whether you bet online or at a brick-and-mortar betting establishment, there are several benefits to betting on your favorite team. In addition to enhancing the fan experience, official betting offers you a chance to earn extra revenue. The NFL has been aggressive in working with betting operators to add gambling content to broadcasts and make betting easier to access in stadiums. In April, it announced a deal with DraftKings and FanDuel to become its official sports-betting partners. The league expects to earn $270 million this year from these gambling agreements.

While the NFL has yet to release a draft of its proposed legislation, it did note that a comprehensive set of rules would be ideal. Among other things, an ideal sports betting law would have clear markets, protection for consumers, and no room for insider betting. In addition, the NFL will prohibit betting by team insiders and place the onus on betting operators to prevent insider betting. Nonetheless, if these goals are to be met, the NFL will need the support of the 32 owners of NFL teams. The owners of the league’s proposal fall into four groups:

While the NFL has been cautious to embrace gambling, it does not want the league’s reputation to be tarnished by a few corrupt players. While the NHL has launched a sportsbook that is powered by Fox, ESPN has partnered with Ceasars and Fox to offer its viewers a new experience. This marks the NFL’s most aggressive push into betting content in the past few years. While the NFL has avoided in-stadium betting kiosks, it has studied its fan’s appetite for gambling.