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The NFL made a big move into the sports betting world on Thursday, as Caesars Entertainment, DraftKings and FanDuel are the NFL’s official sports betting partners, per ESPN’s Adam Schefter.
DraftKings and FanDuel have been giants in the daily fantasy sports market for years, and as the legal sports betting industry has boomed with more states opening up for business, they’ve continued as prominent forces.
Caesars Entertainment received a huge boost when Nevada regulators approved their buyout of UK-based sports betting giant William Hill in March. The deal finalized between Caesars and William Hill in September 2020 resulted in a whopping $3.7 billion sale.
Fans can bet on all types of wagers when it comes to the NFL. Whether it’s individual games’ point spreads, moneylines or Over/Under totals, where a player might be selected in the NFL Draft, or which team will win the Super Bowl, there’s almost no limit to the amount of bets offered on pro football at these major sportsbooks.
This broad partnership agreement the NFL has struck to with three massive players in the legal sports betting market is a winning scenario for all parties involved. It should only help bring revenue to the league and expedite legalized sports betting legislation in states that still enact a policy of prohibition.
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