The NFL has made it a priority to bring gambling into its broadcasts. It has forged partnerships with betting operators to inject gambling content into the game experience. The league has announced that it expects to generate $270 million in revenue this year from the partnership. Here’s what this means for fans. The NFL has a number of options for betting on the big games, including wagering on each individual game and making the odds available online.
First, the NFL has partnered with DraftKings and FanDuel. It also partnered with Caesars, which announced plans to rebrand its sportsbooks as Caesars Sports. These partnerships are mutually beneficial because they allow each company to leverage the other’s strengths and provide complementary components. DraftKings is one of the industry’s market leaders, and this partnership strengthens its presence in multiple states.
While legal sports betting is growing in popularity across the country, it is not yet available in every state. Several states have legalized sports betting, but it’s taken a while. Some states have taken six months to legalize sports betting, and others have taken much longer than that. However, the majority of states are expected to have legalized sports betting by 2024.
The speed at which West Virginia legalized online sports betting surprised many observers. It was ahead of the game after PASPA, and seemed progressive for a small, understated state.