• /
  • Responsible Gambling
This site contains commercial content
  • US Sports Betting
    • Arizona Sports Betting
    • Colorado Sports Betting
    • Florida Sports Betting
    • Illinois Sports Betting
    • Indiana Sports Betting
    • Kentucky Sports Betting
    • Louisiana Sports Betting
    • Maryland Sports Betting
    • Massachusetts Sports Betting
    • Michigan Sports Betting
    • Missouri Sports Betting
    • New Jersey Sports Betting
    • New York Sports Betting
    • North Carolina Sports Betting
    • Ohio Sports Betting
    • Pennsylvania Sports Betting
    • Tennessee Sports Betting
    • Vermont Sports Betting
    • Virginia Sports Betting
  • Betting Apps
    • Best Sports Betting Sites
    • bet365 Bonus Code
    • Caesars Promo Code
    • BetMGM Bonus Code
    • Fanatics Sportsbook Promo Code
    • Borgata Promo Code
    • BetRivers Promo Code
    • ESPN BET Promo Code
    • DraftKings Bonus Code
    • Fliff Promo Code
    • Rebet Bonus Code
    • TwinSpires Offer Code
    • FanDuel Sportsbook Promo Code
  • DFS Sites
    • PrizePicks Referral Code
    • Betr Promo Code
    • Boom Fantasy Promo Code
    • Dabble Fantasy Promo Code
    • OwnersBox Referral Code
    • Sleeper Promo Code
    • SuperDraft Promo Code
    • Underdog Fantasy Promo Code
    • Thrillzz Sportsbook Promo Code
  • Tools
    • Sportsbook Bonuses Explained
    • What Is a Teaser Bet?
    • What Is a Parlay Bet?
    • What is a Same Game Parlay?
    • What Is a Moneyline Bet?
    • What is Expected Value?
    • Win/Loss Statement
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News
No Result
View All Result
  • US Sports Betting
    • Arizona Sports Betting
    • Colorado Sports Betting
    • Florida Sports Betting
    • Illinois Sports Betting
    • Indiana Sports Betting
    • Kentucky Sports Betting
    • Louisiana Sports Betting
    • Maryland Sports Betting
    • Massachusetts Sports Betting
    • Michigan Sports Betting
    • Missouri Sports Betting
    • New Jersey Sports Betting
    • New York Sports Betting
    • North Carolina Sports Betting
    • Ohio Sports Betting
    • Pennsylvania Sports Betting
    • Tennessee Sports Betting
    • Vermont Sports Betting
    • Virginia Sports Betting
  • Betting Apps
    • Best Sports Betting Sites
    • bet365 Bonus Code
    • Caesars Promo Code
    • BetMGM Bonus Code
    • Fanatics Sportsbook Promo Code
    • Borgata Promo Code
    • BetRivers Promo Code
    • ESPN BET Promo Code
    • DraftKings Bonus Code
    • Fliff Promo Code
    • Rebet Bonus Code
    • TwinSpires Offer Code
    • FanDuel Sportsbook Promo Code
  • DFS Sites
    • PrizePicks Referral Code
    • Betr Promo Code
    • Boom Fantasy Promo Code
    • Dabble Fantasy Promo Code
    • OwnersBox Referral Code
    • Sleeper Promo Code
    • SuperDraft Promo Code
    • Underdog Fantasy Promo Code
    • Thrillzz Sportsbook Promo Code
  • Tools
    • Sportsbook Bonuses Explained
    • What Is a Teaser Bet?
    • What Is a Parlay Bet?
    • What is a Same Game Parlay?
    • What Is a Moneyline Bet?
    • What is Expected Value?
    • Win/Loss Statement
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News
No Result
View All Result
No Result
View All Result

Smaller Sports Leagues Racing For Legal Sports Betting Opportunities 2n4o4m

Robert MannRobert Mann
October 23, 2018
in Features
Share on FacebookShare on Twitter

While the four major U.S. sports leagues wrestle with how to approach the rapidly expanding legal sports betting market in the states, a bevy of smaller leagues and sports organizations are quickly embracing the emerging market. i6b61

The reason various niche sports are seeking out deals with sportsbook operators, gaming companies and sports information providers is grounded in the desire to expand their sports through the increased fan engagement that sports wagering can stimulate.

The four big dogs — Major League Baseball, the National Football League, National Basketball Association and National Hockey League — have long known that gambling drives eyeballs, but as longtime opponents of legal sports betting, they are proceeding more cautiously in this new era. In fact, the leagues are calling for federal intervention on sports betting once again. But in any framework, legal sports betting is good for business and a potential lifeline for leagues fighting to stay afloat.

Smaller leagues quick to embrace 4j2oo


Data revealed in a recent study commissioned by the American Gaming Association (AGA) shows that the four major U.S. professional sports leagues could gain a combined $4.2 billion annually as a result of legal sports betting, underscoring why smaller sports and leagues are seeking new commercial opportunities and formulating ways to get bookmakers to take wagers on their sport.

The Nielsen Sports study released by the AGA indicate that the NFL stands to gain the most, with a projected $2.33 billion of additional annual revenue. The other 1.9 billion would be spread among MLB, NBA and NHL. The study shows that the lion’s share of the combined revenue will be attributable to indirect revenue from media rights, sponsorships, merchandise and ticket sales, with additional revenues tied to data and video sales, direct sponsorship revenue from gaming services, and direct TV advertising from gaming services.

Brian Musburger, founder and chairman of the Vegas Stats & Information Network (VSiN), the sports information and multi-platform media channel, told Sports Handle, “We have been in with many of the professional sports leagues as they look to create a strategy for in-game wagering content.  While many of those leagues are understandably cautious, we are starting to see others like the Arena Football League (AFL) and the United Soccer League (USL) move aggressively into the space. It’s a great opportunity for leagues like the AFL, which have progressive commissioners, to jump into partnerships around sports betting as a way to grow audience.”


Recent announcements in this realm include: 4p1c3d

* On October 10, Bookmaker William Hill US and VSiN offered a special in-game wagering menu and a live broadcast called a “Betcast” for a Las Vegas Lights (United Soccer League) game. The program aired from VSiN’s studio at the South Point for a singular over-the-air broadcast.

* NASCAR declaring that it’s fast-tracking wagering rules and would work closely with any bookmaker taking bets on its races. NASCAR welcomed a first of its kind wagering, pop-up sportsbook at its recent race in Delaware. NASCAR president Steve Phelps says that the auto racing series will implement new guidelines on sports betting before the 2019 season, covering topics ranging from who is and is not allowed to place bets on races to how gambling-related sponsorships will be managed.

When asked in September about bringing some betting windows to the track, driver Elliott Sadler, who competes in the NASCAR Xfinity Series, said: “I think attendance would double tomorrow. I told them they should get an 18-wheeler and take it track to track. That would be my No. 1 suggestion.”

*The popular running website for Runner’s World notes that foot races for money have a long history with a modern precedent at the international level through wagering on Olympic running events Nick Symmonds, former U.S. middle distance runner and running industry entrepreneur, sees gambling as an essential ingredient of an American running rebirth—and vital to the success of any niche sport.

* Formula One (F1) has announced a sponsorship and data-rights deal with sports marketing company Interregional Sports Group (ISG) that it said would enable the development of live in-play betting at Grand Prix races.

“As part of the deal, ISG will have the right to sub-license betting partnership rights to select betting brands around the world, subject to regulations,” F1 said in a recent statement, without providing full financial details. Liberty Media, the U.S. mass-media giant, purchased F1 for $8 billion in 2016. The new partnership also involves integrity service Sportradar, which is contracted to assist ISG and gambling companies use data to create markets and spot any suspicious betting patterns.

* In 2019, the Arena Football League will utilize new partnerships with DraftKings, Sportradar, Facebook and VSiN hoping to increase fan engagement through wagering. Former ESPN analyst Ron Jaworski, Chairman of the AFL Executive Committee said, “We’re bringing fans even closer to the game by giving them access to more data, creating more intensity in each individual moment of the game and introducing some cutting-edge gaming options.”  The AFL said DraftKings will become the exclusive daily fantasy partner for the AFL in 2019 by launching an AFL fantasy game and streaming AFL games through its app.

Times, They Are A Changin’ 3i2u29

As various states roll out newly legal sports wagering markets, expect creative marketers of niche sports to encourage fans to wager on their events.

Changing attitudes on betting on sports with lower profiles is evident in the professional rodeo world.

In 1997, sports wagering pioneer Vic Salerno sought to offer National Finals Rodeo (NFR) betting through his Megasports pari-mutuel product, but was asked not to by the Professional Rodeo Cowboys Association (PRCA), citing integrity concerns, and Salerno canceled his plans.

Offshore sportsbooks began posting odds and taking bets on NFR events beginning in 2007.

Then in 2012, MGM Resorts International’s chief bookmaker, Jay Rood, posted odds on various NFR events, including the popular bull riding competition. Betting on NFR events remains popular at most Southern Nevada sportsbooks.

In Europe, bettors even wager on sports like darts, field hockey, motorcycle racing, bton, cycling, volleyball, and snooker (pool) through all the major European betting firms with odds, proposition bets and even in-game betting available on all major events. Betting limits are generally low with bookies carefully monitoring the action, which is one measure aimed at preserving integrity of betting and of the sports.

The major pro leagues long fought states’ efforts to legalize sports betting, contending that it would lead to game fixing and compromise integrity. Integrity will be a key issue for the peripheral sports as they attempt to grow.

But some of the post-PASPA contentions among the major pro leagues, state-level lawmakers, and gaming entities boil down to pie-slicing and monetization, and to a lesser extent, actual integrity concerns.

Longtime Las Vegas bookmakers say that hearing before an Illinois legislative committee last week on the possibility of sports betting legalization in the state, Salerno said, “Believe me, NBA, NFL, and MLB, all their franchises have already benefited from [legal betting]. The day PASPA went down, [Dallas Mavericks owner] Mark Cuban came down and said, the value of my franchise has already twofold. We in NV have been doing this 50 years– we are the integrity of the sport.”

Musburger told Sports Handle that some money does change hands as part of the deals between bookmakers, wagering information providers and the smaller sports leagues, but often it can be in the form of helping to defray production costs in getting the events on television and streaming platforms.

This sort of thing is just getting started, according to Musburger.


Sports Handle will continue to monitor this segment of the bookmaking industry as deals between the various participants are announced.

Share10TweetShare
Robert Mann

Robert Mann 241j1z

Sports Handle contributor Robert Mann has a Northwestern journalism degree and is a former reporter for the Chicago Tribune and National Enquirer. He has worked in news management for CNN and several TV stations and is a 31-year resident of Las Vegas.

This site contains commercial content. We may be compensated for the links provided on this page. The content on this page is for informational purposes only.

Related Posts 4a5r72

Industry

Missouri Sports Betting Launch Pushed to Late Summer, Missing Super Bowl LIX 364t4h

January 29, 2025
Industry

New Hampshire Stands Firm on 18+ Sports Betting 3q181l

January 28, 2025
Load More

SportsHandle 5w3960

  • Analysis
  • Casino
  • Features
  • Horse Racing
  • Industry
  • Legal
  • Legislation
  • Lottery
  • Opinion
  • Podcasts
  • Poker
  • Politics
  • Promotions
  • Regulation
  • Sports
  • Uncategorized

Better Collective 58t4o

This website is owned and operated by Better Collective USA. Trademarks and copyrights referenced on this website are and shall remain the exclusive property of their respective owners and/or licensors. Please be sure to visit the operator’s website(s) to review their & conditions. We advise you to read these carefully as they contain important information. Copyright © 2025 | Better Collective USA
21 Play Responsibly
National Council on Problem Gambling
Gambling Problem? Call 1-800-Gambler.

Search Sports Handle 4g1872

No Result
View All Result

Legal 31o1q

  • Cookie Policy
  • /
  • Responsible Gambling

No Result
View All Result
  • US Sports Betting
    • Arizona Sports Betting
    • Colorado Sports Betting
    • Florida Sports Betting
    • Illinois Sports Betting
    • Indiana Sports Betting
    • Kentucky Sports Betting
    • Louisiana Sports Betting
    • Maryland Sports Betting
    • Massachusetts Sports Betting
    • Michigan Sports Betting
    • Missouri Sports Betting
    • New Jersey Sports Betting
    • New York Sports Betting
    • North Carolina Sports Betting
    • Ohio Sports Betting
    • Pennsylvania Sports Betting
    • Tennessee Sports Betting
    • Vermont Sports Betting
    • Virginia Sports Betting
  • Betting Apps
    • Best Sports Betting Sites
    • bet365 Bonus Code
    • Caesars Promo Code
    • BetMGM Bonus Code
    • Fanatics Sportsbook Promo Code
    • Borgata Promo Code
    • BetRivers Promo Code
    • ESPN BET Promo Code
    • DraftKings Bonus Code
    • Fliff Promo Code
    • Rebet Bonus Code
    • TwinSpires Offer Code
    • FanDuel Sportsbook Promo Code
  • DFS Sites
    • PrizePicks Referral Code
    • Betr Promo Code
    • Boom Fantasy Promo Code
    • Dabble Fantasy Promo Code
    • OwnersBox Referral Code
    • Sleeper Promo Code
    • SuperDraft Promo Code
    • Underdog Fantasy Promo Code
    • Thrillzz Sportsbook Promo Code
  • Tools
    • Sportsbook Bonuses Explained
    • What Is a Teaser Bet?
    • What Is a Parlay Bet?
    • What is a Same Game Parlay?
    • What Is a Moneyline Bet?
    • What is Expected Value?
    • Win/Loss Statement
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News

loading

Please wait while you are redirected to the right page...

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Read more