If you’re a fan of American football, you’ve probably seen a lot of talk about the NFL’s plan to establish official betting partners. In a statement, the NFL said that the deal gives three sportsbooks exclusive access to official league data. This gives them an edge over their competitors as they can promote their relationship with the NFL and tie their brands to statistics. If the deal goes as planned, the NFL will make nearly $1 billion from these partnerships over five years. However, there’s a catch: the NFL can void the deal after three years.
The NFL also has plans to protect its athletes from any corruption, and they’ve put their best foot forward by providing training on gambling-related issues to players. The league also employs best-in-class monitoring of players’ betting activity. This shift comes as cord-cutting disrupts traditional business models, and it’s a move that will protect the interests of fans and athletes. In addition to protecting itself from corruption, the NFL’s new partnership with DraftKings means more opportunities for fans to place bets on their favorite teams.
While it’s too early to tell exactly when Ohio sports betting will be legal, it’s likely to happen soon. The state government, in cooperation with two Indian tribes, is working to legalize sports betting in the state. The state also has plans for mobile betting. However, the sports betting market in Florida has been delayed by lawsuits and is unlikely to start until 2022. An agreement between the Seminole Tribe and Hard Rock Sportsbook delayed the official beginning of betting in Florida for over a year after it was approved. On Nov. 1, 2021, Hard Rock Sportsbook and the Seminole Tribe launched their online sportsbook. However, because of the ongoing legal battle, the sportsbook shut down its mobile app.