NFL Signs Official Betting Deal With Three Sportsbooks

NFL is the latest American sports league to sign an official betting deal with a betting company. The three sportsbooks, DraftKings, FanDuel, and Caesars, will be official betting partners of the league. As official betting partners, they will receive official league statistics, promote their relationship with the league, and tie their brands to sports and player statistics. The five-year deal is worth almost $1 billion if it continues. If not, the NFL has the right to opt out after three years.

Sports betting in Louisiana is legal. The state does not require in-person registration. Anyone over the age of 21 may register an account using their computer or mobile device. Most legal U.S. sportsbooks have unified mobile apps across all markets. DraftKings uses one login and wallet to streamline the registration process. Other states have legalized sports betting as a way to increase revenue for sportsbooks. In fact, one major bookmaker, Caesars, opened sportsbooks in five different states.

HB4214 was introduced before the ruling on PASPA. The bill would have allowed sports betting in Illinois, but it also included a controversial integrity fee, which major sporting leagues sought from states that legalized it. The bill also allowed in-person and mobile betting, but required a 12.5% tax on the gross revenue. The legislation died in the state in January 2019.