Tag: nfl
Leagues Not Fans of Federal Sports Betting Bill
Back in June of this year we published a video with details on a federal sports betting bill being proposed here in America. The Supporting Affordability and Fairness with Every Bet Act, or as it has become know The SAFE Bet Act, is now getting some less than enthusiastic reactions from the likes of the NFL and NBA, who are concerned that the advertising restrictions put forth on the bill would cut into their profits. The SAFE Bet Act would introduce several measures to limit sportsbook advertising, prohibiting it from 8 a.m. to 10 p.m. and during live sports events….
Betting on NFL Games May Hit $35 Billion
The opening week of the American football season is in the books, and betting on NFL games is off to a good start as well. This year, our friends at the American Gaming Association forecast that American sports bettors will place about $35 billion in wagers with legal sportsbooks. “With the excitement of another NFL season upon us, Americans are placing their bets with the confidence that the legal sports betting market is prioritizing consumer protection and responsibility” said AGA President and CEO, Bill Miller. The expansion and growth of the legal betting on NFL games across the country is…
US Sports Betting Troubles & the SAFE Bet Act
The US sports betting industry is under fire after several major scandals involving professional athletes and gambling. Now the main stream media is calling for changes amid concerns of addiction risks and player protections. Enter the SAFE Bet Act, which could bring some big changes to the American sports betting industry, but could also save it. As I prepare to leave for my summer vacation both the NBA and NHL championship series are underway, and with them lots of US sports betting action. On that note, I would like to leave you with some good news before I take my…
Professional Sports League Gambling Policies
Amid all the recent turmoil and negative headlines surrounding sports betting, we thought we would look at the various sports league gambling policies. And we begin with Major League Baseball, who has seen a rash of bad press surrounding this issue. League Commissioner Rob Manfred recently commented on the issues and had this to say about their position on gambling, emphasizing its commitment to upholding integrity of their games in the midst of legalized sports betting. First looking to the incidents involving Shohei Ohtani’s interpreter, where Ippei Mizuhara allegedly embezzled millions of dollars from the baseball star for illicit sports…
Betting on NFL Games at NFL Games?
Last week, NFL owners voted to allow betting on NFL games at sports books located inside of stadiums, while the game is being played. This change is expected to go into effect at the beginning of next season. Currently, the Washington Commanders are the only NFL team with a physical sportsbook located within their stadium premises. The Arizona Cardinals, New York Giants, and New York Jets all have sportsbook located just outside of their stadiums gates. Now, the changes to the rules could prompt teams such as the Cleveland Browns to switch their focus from betting lounges to an on-site…
NFL Gambling Sponsorships Help Reel in $1.8 Billion
Yes, you read that headline correctly. NFL gambling sponsorships have helped to push to league to a massive $1.8 billion in additional revenue last year. Which is a good thing, because we all know how they were hurting for cash. While a big chunk of that money comes from Microsoft. They are forking out about $100 million a year to compete with Apple and love to promote their products via the League. Just watch the sidelines during any game and you will probably sport a Microsoft Surface Pro 4 tablet in the hands of coaches and players. However, the big…