NFL Signs Official Betting Partnership With DraftKings

Uncategorized Nov 8, 2022

Official betting partnerships are flooding media feeds these days, giving some of the biggest names in the industry the chance to partner with another. These are not one-off deals, but massive portfolios of long-term relationships. One of the market leaders, DraftKings, has agreed to an expansive range of deals and has boosted its presence in numerous states.

This deal also gives other sportsbooks the opportunity to sign official betting data deals with NFL teams. However, these companies will be subject to strict monitoring and cannot market their relationship outside their geographical area. Local team deals will be allowed to continue, but they must remain local. This way, bettors will have the opportunity to place their bets on their favorite teams without having to worry about their wagering losing the integrity of the game.

The NFL has concluded that an ideal sports betting law would include substantive licensing requirements, create clear markets, and protect consumers. In addition, it would prohibit betting by insiders, and would put the onus on sports betting operators to prevent this. To make the deal a reality, the NFL needed the backing of all 32 NFL team owners. The owners of these clubs fell into four groups.

There are a number of legal sports betting options in Illinois. Players over 21 can access these sportsbooks, and they can bet on their favorite teams using the mobile app or website.