With the US sports betting market becoming more regulated, leagues are looking to sign official betting partnerships. These agreements will allow sportsbooks to access official data. This will help to provide a better product for bettors. However, it does not guarantee a sportsbook’s ability to offer bets. The NFL, MLB, and NBA have not signed official betting partnerships as of yet. In fact, the NFL has only struck a deal with three sportsbooks. But with an ever-growing betting market, it’s inevitable that more will be added in the future.
For example, DraftKings has been betting on the PGA TOUR since its return in June. It has also been the PGA’s first “Official Betting Operator” and has a multi-year marketing partnership with the league. A key component of its deal is the ability to advertise on the TOUR’s platforms.
Another interesting aspect of the agreement is the use of PGA TOUR trademarks in the United States. DraftKings has also been granted the rights to distribute highlights to users. If a game is cancelled, however, bets will be voided.
NASCAR needed a betting solution that would enable sportsbooks to take bets on every lap of each race. They developed a first-of-its-kind official sportsbook product, which includes more than 25 in-race bet types. This will give fans in regulated states a highly engaging live experience.
As a result of the Supreme Court’s decision to repeal the Professional and Amateur Sports Protection Act, sports leagues will be able to pursue partnerships with betting operators. In the meantime, sportsbooks are welcoming growth with open arms. Not only do they gain a larger betting pool, they can earn fees from the sports leagues. That could be a good thing for the leagues.
NBC and Caesars are the only two MLB teams with an official betting partner. Their agreements also give them the rights to the league’s logos and team marks. However, if a sportsbook does not participate in a program, its access to the MLB feed could be cut.
MLB is close to striking a new deal. The MLB has held talks with a number of sportsbooks and expects to strike a new deal in the near future. One sportsbook, BetRivers Sportsbook, is not a part of the program. Despite this, it has a contract with the Diamondbacks, allowing it to accept wagers from fans.
Several states, including Arizona, have recently legalized sports betting. The Arizona Department of Gaming has issued legal sports betting licenses to 10 professional sports teams. Currently, there are 17 legal online sportsbooks in Arizona. Each has its own set of rules. So it’s important to test several of them before making a final choice.
Regardless of how a sportsbook operates, it is essential to test out the interface and special offers. This way, you can be sure that you’re choosing the right one. While some may be better than others, there’s no reason to settle on one. Taking a few risks and testing several is the best way to find out what you like.