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The NFL and online casino company sponsorship

Darren February 28, 2022

When it comes to American sports, sponsorship is one of the most important money generators. Gambling and casino sponsorship are frequently interlinked but recently new deals have seen the NFL embrace casino companies with some major partnerships.

The NFL and online casino-company sponsorship

The NFL has a long history of receiving sponsorship from a variety of sources. When it comes to American sports in general sponsorship is still one of the most important money generators. Gambling and casino sponsorship are frequently interlinked.

Gambling, the casino industry and the NFL have coexisted together for many years.

Many people bet on NFL games even before the authorities authorized it in the United States. This trend has continued into the current era. There are a plethora of online casinos on the market that provide gamers with extra sports betting possibilities. It clearly makes sense for online casinos to enter the NFL sponsorship market. A huge number of viewers have an interest in gambling, and specifically gambling on the NFL.

When Caesar’s became the first casino sponsor of the NFL, it would have come as a surprise to some. The NFL originally opposed gambling, and specifically sports betting. The NFL feared that allowing sports betting would jeopardize the league’s integrity. So much so, in fact, that in 2012 the NFL went to court to try to prevent sports betting on NFL games.

Its reasoning was that permitting sports betting would tarnish the league’s reputation. Even if no foul play occurred, they believed the mere suggestion of it would jeopardize the league’s integrity. Obviously, the NFL has softened its stance since then. It seems it has come to the realization that sports betting is not only harmless to the league, but it may also be positive.

This is why, after some of the league’s teams secured sponsorship deals with betting companies, the league opted to allow sponsorship. It is a move that is actually a little behind the times in comparison to other leagues.

Sports betting has become so ingrained in American culture, gamblers’ ability to access online casinos with sportsbook features is unlikely to be curtailed.

As a result, the NFL would be hurting itself by refusing to deal with casino companies. For that reason it chose to collaborate with one of the world’s largest casino companies.

Apart from Caesar’s, FanDuel and DraftKings have also agreed to work with the NFL. It means that NFL logos will be allowed to appear on these sites’ internet portals. It is a big deal for DraftKings, who have quickly established themselves as one of the market leaders for sports gambling.

The NFL has positioned itself in a solid position by collaborating with DraftKings. The agreement should help sports betting grow at a faster pace, as the NFL’s endorsement will help legitimize the practice. As a result, the amount of money the NFL receives from its sponsorship arrangements should increase. While there are no assurances, negotiating a deal with the top name in the field is always the most pragmatic choice.

All three partners will have the unique ability to utilize NFL trademarks within the sports betting category.  They will also be able to interact with fans through free-to-play games. They will also have the capacity to incorporate sports betting content into NFL Media platforms such as the NFL App and NFL.com.

DraftKings and FanDuel’s platforms will add NFL highlights, video footage and stats information to the platform. Caesars, DraftKings and FanDuel will also use the NFL’s official data feed.

In support of the commitment of the NFL to preserve the game’s integrity, all three casino partners have pledged to follow the league’s basic integrity principles. They will look to work with the league on intelligence sharing, advocacy, and safer gambling education.

Caesars Entertainment will become the Official Sports Betting Partner for the NFL while remaining the league’s Official Casino Sponsor.

They retain the rights to use NFL trademarks in their marketing. Caesars’ online iGaming applications are also included in the expanded deal. Caesars will collaborate with the League to generate content and possibilities for engagement. Both for its legal online sports betting operations and its nationwide network of retail sportsbook sites.

DraftKings renews its exclusive agreement as the NFL’s Official Daily Fantasy Partner in addition to being an Official Sports Betting Partner. The League and DraftKings will continue to collaborate on a variety of content and product offerings.  The agreement also includes synergies with other NFL Media media as well as a sustained significant position on the NFL Redzone channel.

FanDuel, the NFL’s newest partner, will have a range of multimedia integrations available within its sportsbook and fantasy sports platforms. These include both in game and post game highlights. The company will have access to footage rights that will bring the NFL to FanDuel’s owned and produced content across its various platforms. It will also collaborate with the NFL on pre-game opportunities. These will debut for the seven regular season games that will air on the network in 2021.

During the 2022-2023 NFL season, gamified NFT (non-fungible token) collections will also debut on DraftKings Marketplace.

The deal gives DraftKings licensing rights to NFL players, giving them the right to use their names, images, and likeness. This will be the first time one of the world’s most prestigious sports networks has integrated gamified NFTs.

Customers will be able to use these collectibles in games with others on the platform, as well as distinct buying and selling options. There will most likely be a number of different NFT editions and tiers that connect different characteristics of usability and digital scarcity. DraftKings earlier announced a partnership with Polygon to deliver a scalable, environmentally friendly blockchain system. It is anticipated it will allow for more bandwidth, lower transaction costs, and increased functionality.

These agreements could be only the beginning, as the NFL is continually seeking for new ways to boost revenue and maintain its long-term viability.

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