NFL is the last American sports league to announce official betting deals. They have teamed up with three sportsbooks to become official partners of the league. The deals allow the sportsbooks to leverage their relationship with the league by tying their brands to statistics. If the five-year deal is successful, the league will receive nearly $1 billion. After three years, they have the option to walk away. Those that opt out will lose nothing, but that is a rare occurrence.
New York’s legalized betting is making its way through the United States. Some states, including New Hampshire and Maryland, have legalized sports betting. Meanwhile, the state of New Hampshire is already reaping the benefits of legalized wagers. The Maple Leaf Sports & Entertainment has teamed up with PointsBet to become an official betting partner for several of the league’s brands. Some sports leagues are concerned that unofficial data may compromise the integrity of the games.
As the Supreme Court legalized sports betting in multiple U.S. states, Delaware and Florida followed suit. During the summer of 2021, three casinos in Delaware began operating sportsbooks. Now the state is exploring the possibility of expanding the number of sportsbooks in its state, and the state is embracing mobile betting as well. Meanwhile, Florida lawmakers approved sports betting in 2021, but the start of betting was delayed by lawsuits. The Seminole Tribe and Hard Rock Sportsbook launched their sports betting app Nov. 1, 2021. However, due to ongoing legal disputes, the Hard Rock Sportsbook has halted the service.