Official betting allows fans of a particular sport to bet on their favorite teams and individual players. Although the odds for each game aren’t always easy to read, they are based on several factors. In the United States, the NFL and other sports leagues have partnered with betting operators to incorporate gambling content into their broadcasts and stadium experiences. The league estimates that official betting will generate $270 million in revenue this year. In the future, other sportsbooks can sign partnerships with the NFL to integrate betting data into their products.
In Australia, Crownbet is the official wagering partner for the Australian Football League, while nine of 20 teams in the English Premier League had a sponsorship deal with gaming companies last year. Up until recently, gambling companies were banned from sponsoring NBA jerseys, but that’s now changing. However, there are still some limitations for the use of logos in betting.
Sports betting in Arizona is legal and is regulated by the Arizona Department of Gaming. Currently, there are 17 licensed sportsbooks in the state. A handful of tribal casinos and professional sports teams in Arizona have received licenses to offer sports betting. In addition, online sportsbooks are also available. The Arizona Department of Gaming regulates betting websites.