NFL fans will be able to bet on their favorite football teams this season. The league recently announced that three sportsbooks would be its official betting partners. As a result, NFL fans will have access to data from the league’s official website. Betting companies will also be able to promote their relationship with the league, tie their brands to the statistics, and more. If the five-year deal is a success, the NFL will make almost $1 billion in profits from the partnership. However, if the league doesn’t make money from the partnership, the league can always opt out.
The NHL has announced new multiyear partnerships with sports betting sites BetMGM and FanDuel. These companies became the first official betting partners of the NHL, and they also serve as the league’s exclusive daily fantasy partner. The partnership with BetMGM extends beyond the United States. In Canada, where sports betting was legalized last year, the two companies will be able to promote each other in the media. In addition, BetMGM will continue to distribute highlights of the games to users who place wagers on their sportsbooks.
Since the Supreme Court ruled that sports betting is legal in many states, sportsbooks have taken advantage of this opportunity to grow their businesses. The amount of money bet with PGA Tour official betting operators increased 50 percent between 2020 and ’21. Further growth is expected, said Scott Warfield, vice president of gaming for the PGA Tour. This expansion of sports betting is good news for the industry, and it is an important step toward boosting the overall experience for PGA fans.