With sports gambling legal now, one of the NFL teams is pursuing a gambling venue to become an official sponsor of the team. The New York Post cites a source with direct knowledge of the situation saying the New York Jets have been meeting with gambling venues.
“A sponsorship could run about $750,000 to $1 million for the year, according to sources,” The Post reports. “In recent weeks, the NFL began allowing casino advertising at its stadiums. The Dallas Cowboys last week announced a first-of-its-kind partnership with WinStar World Casino of Oklahoma.”
The report notes that only four months after the Supreme Court legalized sports betting, no fewer than eight New Jersey racetracks and casinos were expected to be up and running Sunday afternoon with in-person sports books.
“Monmouth Park and Caesars Entertainment received final approval Friday from the New Jersey Division of Gaming Enforcement to take online bets,” The Post reports. “The Hard Rock Hotel & Casino and Tropicana Atlantic City are still working on getting licensed and may be able to take bets in the near future, a source said.”
New Jersey is reportedly projected to surpass Nevada in sports wagering revenue by 2021.