Sportsbooks Are Coming To NFL Stadiums

NFL Stadiums
NFL Stadiums

Sportsbooks Are Coming To NFL Stadiums

The gambling industry has been growing in the United States. Legalized sports betting is available in varying forms in states around the country. Some teams have started to get new sportsbooks established in their stadiums. National Football League teams may soon get these sportsbooks to come into their gridiron football stadiums.

The NFL has established a plan to allow sportsbooks to be made available in sportsbooks. The move is part of a collective bargaining agreement between the NFL’s owners and players. Both sides of the agreement will receive money in some form from the funds that come from sportsbooks.

NFL Stadiums
NFL Stadiums

The agreement allows people to place bets on games of all sorts. There may be an option to complete parlays for multiple games, or single-game betting. The sportsbooks may also operate during the offseason, although people would not get as many revenues off of non-football bets as what they would get from regular football games.

There is even a rule stating that owners and players could get revenues off of any slot machines installed in an NFL stadium or a property adjacent to a stadium. Whether any stadium would do this is unclear, although this might be a possibility in Las Vegas. The Las Vegas Raiders will start playing in Allegiant Stadium this season after years of operating in the state of California.

The funds that will go to players and owners would be based on revenues brought in and the taxes associated with the earnings. The specifics on how much money would be involved are unclear, although this might vary based on how much money the sportsbooks bring in from bets.

Rules In Individual States

The rules for betting will vary based on where one might be. The individual rules for states might create some complications over how sportsbooks in gridiron football stadiums can operate.

As of the end of March 2020, seventeen states have full support of sportsbooks. These include states like Nevada, New Jersey, New York, Illinois, Michigan, Pennsylvania, and Oregon. Tennessee, North Carolina, and Colorado are expected to approve of sportsbooks.

But the rules surrounding where people can bet and what they can bet on will vary by state. For instance, Illinois’ law prohibits betting on college sporting events involving teams from Illinois. North Carolina’s planned bill would only allow for betting on tribal lands, and Colorado’s planned one would be for casino-use only.

Therefore, there is a possibility that not all NFL stadiums would have access to sportsbooks. But the move marks a substantial change in how people bet on sports.

UK Changes?

Sports betting has been legal at various venues around the United Kingdom for years. But whenever the NFL has games in the UK, the betting kiosks at those venues are shut down. There is a potential that the kiosks at the games in London would be open. The plan is thanks to this new agreement between the players and owners. The potential to bring in more money would be substantial, especially as these games in London regularly bring in 70,000 or more fans each.

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