• Loading stock data...
Tuesday, January 28, 2025

FIFA Locks Up First Gambling Deal for Women’s World Cup

  • FIFA’s deal with New Zealand TAB comes as top soccer leagues have banned gambling sponsors.
  • TAB reportedly paid $1.48 million in gambling commissions last year to NZ’s soccer federation.
New Zealand's state-owned monopoly will be the first Women's World Cup gambling sponsor.
Michael Chow-USA TODAY Sports

New Zealand TAB has struck a deal with FIFA to become the first gambling sponsor of the Women’s World Cup, which will be held in Australia and New Zealand from July 20 to August 20.

TAB is a government-owned monopoly that oversees gambling and sports betting in New Zealand. The agency returns a commission to sports organizations it takes bets on, and paid $1.48 million to New Zealand’s national soccer federation last year, reports the AP

FIFA’s inaugural gambling sponsorship came last year when it signed a deal with European brand Betano to be promoted at the men’s World Cup in Qatar. The governing body’s embrace of the gambling sector comes as several of its major league members — including the English Premier League, Spain’s LaLiga, and Italy’s Serie A — have enacted rules to restrict teams from promoting gambling companies.

Serie A clubs have not been allowed to be sponsored by betting brands since 2019, while LaLiga has done the same since 2021. Starting with the 2025-26 season, English Premier League teams will not be allowed to have front-of-shirt gambling sponsors. 

New Zealand TAB signed a $545 million, 25-year deal with gambling firm Entain in May to expand horse race betting in the country. Fellow Women’s World Cup sponsor Visa is debuting a new program to give $500,000 in grant funding to women small business owners, with 64 women to be selected across the 64-game tournament.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Blockbuster 3-Team Trade Jump-Starts WNBA Offseason

Loyd requested a trade from the Storm in December.
PWHL arena

PWHL’s Sophomore Year Booms in Canada, Has Room to Grow in U.S.

Attendance is up 30% from last year, the league says.

Once Abandoned, Portland Is Regaining Its Place in the WNBA

The next WNBA team is springing up in a once-deserted market.

Featured Today

It’s Starting to Pay to Be Good at Cornhole

American Cornhole League players made $7.7 million in 2024.
October 17, 2011; East Rutherford, NJ, USA; New York Jets fan fireman Ed during the first half against the Miami Dolphins at the New Meadowlands Stadium.
January 24, 2025

Superfandom Is a Lifestyle, Business—and Thorn in Some Teams’ Sides

Rabid fandom has perks—sometimes to the frustration of teams and leagues.
Jeremiah Smith
January 22, 2025

Ohio State’s Title Isn’t As Simple As $20 Million in NIL

Three lessons from the Buckeyes’ title beyond “pay the best players.”
January 22, 2025

Can Upstart Sports Leagues Beat the Grim Start-Up Odds?

Investors think they can buck the massive failure rate of new enterprises.
A Delta flight takes off from Phoenix Sky Harbor International Airport on July 12, 2024, in Phoenix.

Is Sports Gambling on Planes Next?

A 1962 law prohibits the use of gambling devices on commercial aircraft.
Detroit Lions quarterback Jared Goff (16) hands the ball to running back Jahmyr Gibbs (26).
January 15, 2025

Crypto.com Continues Super Bowl Futures Contract Despite Feds’ Pause Request

A showdown between Crypto.com and the CFTC is on the horizon.
Kelce
January 22, 2025

Prediction Market Company Kalshi to Launch Super Bowl Betting

Crypto.com launched a similar offering recently.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
January 9, 2025

Sports Betting Is Growing, but Match-Fixing Continues to Drop

The number of suspicious matches globally falls 17% in 2024.
Dec 14, 2023; Los Angeles, CA, USA; Ippei Mizuhara, the translator for Los Angeles Dodgers designated hitter Shohei Ohtani, during an introductory press conference at Dodger Stadium
December 25, 2024

The Biggest Sports Betting Scandals of 2024

The NBA, MLB, and college basketball were rocked by sports gambling misconduct.
December 23, 2024

Another Major Crypto Site Wants In On Sports Prediction Markets

Crypto.com says its Super Bowl market is “not sports betting.”
DraftKings
December 9, 2024

Sens. Say DraftKings, FanDuel May Have Conspired to Crush Competition: ‘One Company’

The senators asked the FTC and DOJ to investigate the gambling companies.