The NFL was the last American professional sports league to announce an official betting deal. The NFL recently announced that it has partnered with three sportsbooks to offer official betting data. As part of this deal, these sportsbooks will receive exclusive league data and marketing opportunities. They can also tie their brands to statistics. If the deal goes through, the league will receive nearly $1 billion in revenue over five years. After the initial three years, the NFL can opt out.
Nevada has the most legal sports betting options in the US, including both in-person wagering at casinos and online and mobile wagering. The Nevada gambling market includes a number of operators, including BetMGM, Caesars, and DraftKings. In the state of New Hampshire, sports betting is legal in both mobile and retail markets. In the Capital One Arena area, only DraftKings operates retail sportsbook apps. In all other parts of the state, Nevada and Delaware offer legal sports betting.
The NHL and the NFL have both moved to combat corruption in sports gambling by ensuring that their players receive the proper training on gambling. The NFL, for instance, investigated allegations that Evander Kane’s wife was using illegal gambling websites to make money, but the NHL has defended their players and their families. The NFL uses top-tier monitoring tools and provides players with gambling-related training. However, this shift in policy comes as the cord-cutting phenomenon is disrupting traditional business models.