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Europeans love to bet on sports. So do Americans, but until recently sports gambling was illegal in every state but Nevada. American sports leagues lobbied Congress to pass a nationwide ban, which it did in 1992. But in May, with Murphy v. National Collegiate Athletic Association, the Supreme Court struck it down, leaving states free to legalize the practice. The leagues may be better off as a result. Sports wouldn’t be as popular without betting. Spectators get more involved when they back their opinions with money. Many... Copyright ©2018 Dow Jones & Company , Inc.
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Types of bets are determined by gaming regulations, not deals with sports leagues. Will the NFL and other leagues do similar deals? Only time will tell. Joe Asher, CEO of sportsbook operator William Hill U.S., said at a recent gaming conference that his company was fielding calls nearly daily from teams looking to do sponsorship deals. Are there official betting partners of sports leagues in countries where sports betting is already legal? Yes.
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