• Loading stock data...
Monday, November 18, 2024
Want a chance to win $250? Take a few minutes to complete our survey and help us improve with your feedback! Take the Survey

NFL All-In On Sports Betting

  • Source: Each deal runs five years, worth upwards of $1 billion total.
  • Partnerships allows DraftKings, FanDuel to offer more integration on NFL platforms.
Kirby Lee-USA TODAY Sports/Design: Alex Brooks

The NFL’s stance toward sports betting officially changed on Thursday as the league announced sportsbook partnerships with Caesars Entertainment, DraftKings and FanDuel. 

The three deals are worth close to $1 billion combined and each spans five years, a source with knowledge of the agreement told Front Office Sports.

The NFL is the last of the major U.S. sports leagues to partner with a sportsbook. Back in 2009, the NFL was one of the driving forces behind preventing Delaware from launching parlay betting through the state’s lottery system.

“I would probably tell you that I think society has probably had a little bit of a change with respect to gambling in general,” NFL Commissioner Roger Goodell told reporters at a league annual meeting in March 2017. “I think we still strongly oppose it in that room, and otherwise, legalized sports gambling. The integrity of our game is No. 1. We will not compromise on that.”

That stance slowly changed after the U.S. Supreme Court declared the Professional and Amateur Sports Protection Act unconstitutional in May 2018, a decision that effectively allowed every state to launch regulated sports betting.

Twenty-five states and Washington, D.C. have approved some form of sports betting to date.

“Working closely with Caesars, DraftKings, and FanDuel, we will provide fans new and different ways of interacting and engaging with the sport they love,” said Renie Anderson, the chief revenue officer and executive vice president of NFL Partnerships.

As part of the deal, the three sportsbooks will be able to integrate their betting platforms into NFL Media properties, like NFL.com and the league’s app.

DraftKings and FanDuel also gained the ability to add NFL highlights and the league’s Next Gen Stats to their platforms.

All three will be able to offer ”NFL-themed free-to-play games,” according to the NFL. Caesars, which was already the league’s official casino sponsor, retains its exclusivity when it comes to the use of NFL trademarks on its properties.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NFL Backs Netflix for Christmas Day Doubleheader Despite Recent Issues

The league checks in on the company’s ability to deliver its doubleheader.

Roaring to the Top: Lions Become Super Bowl Favorites for First Time

This is the first time in franchise history Detroit is favored to win the Super Bowl.
Nov 3, 2024; East Rutherford, New Jersey, USA; New York Giants quarterback Daniel Jones (8) is sacked during an extra point attempt by Washington Commanders defensive end Dorance Armstrong (92) during the second half at MetLife Stadium.

Giants Hit Rock Bottom, Demote QB Daniel Jones With $23 Million Injury..

Jones signed a four-year, $160 million contract extension in March 2023.
Classic Football Shirts New York Pop-Up

Vintage Soccer Jerseys Have Found a Sweet Spot in the Lucrative U.S...

The money-making shirts are at the prime intersection of memorabilia and fashion.
podcast thumbnail mobile
Front Office Sports Today

How ‘Inside the NBA’ Ended Up on ESPN

0:00

Featured Today

Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?
November 15, 2024

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.
November 15, 2024

How Women’s Sports Could Change in the Next Trump Era

Under the president-elect, Title IX could change drastically.
Former President Donald Trump waves to the crowd as he exits the putting green with his aide Walt Nauta, left, during the final round of the LIV Golf Bedminster golf tournament at Trump National Bedminster on Sunday, Aug. 13, 2023.
opinion
November 9, 2024

Trump Win Puts Sports Back in the White House

With Trump back in the White House, sports get more political again.
DraftKings

DraftKings Lowers Full-Year Guidance After Brutal NFL Outcomes

DraftKings cited a tough start to the fourth quarter in lowering its 2024 guidance.
Nov 4, 2024; Kansas City, Missouri, USA; Kansas City Chiefs wide receiver DeAndre Hopkins (8) celebrates with quarterback Patrick Mahomes (15) after scoring against the Tampa Bay Buccaneers during the second half at GEHA Field at Arrowhead Stadium.
November 6, 2024

Missouri Becomes 39th State to Legalize Sports Gambling

Missouri was the only state with sports gambling on its ballot this election cycle.
Sports betting Analyst Steve Coughlin gives out high-fives on the set of ESPN's College Game Day at the University of Texas, ahead of the Longhorns' game against the Georgia Bulldogs in Austin, Oct. 19, 2024.
November 7, 2024

ESPN Bet at Critical Point As Penn Reports Quarterly Earnings

The two sides agreed to a 10-year deal last August.
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.
November 5, 2024

On the Ballot: Sports Betting, Former Athletes Impacting the 2024 Election

Several U.S. Senate candidates have sports backgrounds, while Missouri voters will consider legalizing sports betting.
Tony Hinchcliffe at Donald Trump rally.
November 4, 2024

Sports Betting Companies Holding Comic at Arm’s Length After Trump Rally

Hinchcliffe drew criticism over his comments at a rally for Trump.
November 1, 2024

Polymarket Is Pushing Into Sports Betting

Once the ballots are counted, Polymarket needs to take on sports.
October 29, 2024

Parent of Action Network, Playmaker HQ Cuts More Than 100 Jobs

Better Collective laid off dozens of employees this week.