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League Is a Gambler's Favorite, but It's Fighting Efforts to Profit From Wagering; Delaware's Plan
By HANNAH KARP
Some of the National Football League's founders were gamblers. The league draws more wagers in the U.S. than any other sport. It recently authorized its teams to sell their logos to state lotteries. But when it comes letting states expand sports betting, the NFL has made its position clear: Not now, not ever.
The NFL, which says it will earn $8 billion in revenue this year, is threatening to file a lawsuit against the state of Delaware, where the supreme court unanimously concluded last month that parlays -- bets on the outcome of two or more events -- are constitutional, opening the door, as early as this fall, for the state to host what would be the first legal sports books outside of Nevada.
The NFL Doesn't Want Your Bets - WSJ.com
By HANNAH KARP
Some of the National Football League's founders were gamblers. The league draws more wagers in the U.S. than any other sport. It recently authorized its teams to sell their logos to state lotteries. But when it comes letting states expand sports betting, the NFL has made its position clear: Not now, not ever.
The NFL, which says it will earn $8 billion in revenue this year, is threatening to file a lawsuit against the state of Delaware, where the supreme court unanimously concluded last month that parlays -- bets on the outcome of two or more events -- are constitutional, opening the door, as early as this fall, for the state to host what would be the first legal sports books outside of Nevada.
The NFL Doesn't Want Your Bets - WSJ.com