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An investigation by the American Gaming Association, estimates that 45.2 million Americans plan to bet on the NFL season in 2021 somehow, which is 36% more than last year, published CNBC.
As no more Americans will bet on NFL games this season, as states continue to embrace legal sports betting and operators such as Caesars Entertainment, DraftKings and MGM Resorts invest more.
PlayUSA, the sports betting market analysis site, estimates that at least $ 12 billion will be wagered on the NFL this season.
These figures come backed by legal sports betting that has spread in the United States, after the 2018 Supreme Court struck down a federal law that prohibited states from authorizing legalized gambling on college and professional sports.
Currently, legal sports betting is practiced in twenty-six states and in Washington, DC, eight more states than at the beginning of last season.
Other states like Arizona, Connecticut, Florida, Louisiana and New York, have also passed laws in some form, but have not yet authorized the launch of betting platforms, which could offer a possibility for when the season ends in February with the Super Bowl.
The NFL in April became the last of America’s top four professional sports leagues to sign partnerships with sports betting operators, but it now has seven: Caesars Entertainment, DraftKings, FanDuel, Fox Bet, MGM, PointsBet and WynnBet.
The changes have generated a great financial aid for the NFL, as it expects to generate approximately $ 270 million in revenue from sports betting and gambling deals, according to The Washington Post. The newspaper also reported that the category will be worth more than $ 1 billion within a decade.
The arrival of new resources for the NFL is vital, after the league’s revenues fell from $ 16,000 million to $ 12,000 million last season, in large part due to restrictions caused by the pandemic. While in 2019 more than 17 million fans were in attendance, in 2020 only 1 million fans attended the games.
“If you’re betting on Thursday night’s game, you can’t just bet on whether the (Dallas) Cowboys are going to win or the Tampa Bay (Buccaneers) will win, but whether Dak Prescott will throw the first touchdown or if Tom Brady will throw. over 300 yards, ”said Jay Snowden, CEO of Penn National Gaming. “That makes sports betting even more fun and exciting.”.
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Eddie is an Australian news reporter with over 9 years in the industry and has published on Forbes and tech crunch.