So what’s it all mean for the prospects of DFS and sports behttps://www.legalsportsreport.com/5798/nfl-nba-mlb-on-dfs-and-sports-betting/
So what’s it all mean for the prospects of DFS and sports betting?
For DFS, it’s clearly good news. If the leagues had been more tepid in their comments about DFS, it would have been a major red flag. Instead, the two major DFS operators have seen the pro leagues dig their heels in and go to bat for them publicly; albeit with the caveat that perhaps some changes are needed.
The leagues’ public support of DFS has been invaluable in helping set a firewall against further immediate action. And the alternative — pro sports leagues seeking to distance themselves from DFS — could have been extremely bad for the industry.
Also of note: The deals between FanDuel or DraftKings and pro teams remain intact in states where there has been some sort of negative news (and where some operators have pulled out) — like Michigan and Florida. That has to be considered another good sign for the industry.
How much the leagues’ support will translate into actions behind the scenes — in lobbying at the state and federal level — is an open question, and one we’re not likely to have a ton of visibility into answering. But, if nothing else, the public comments themselves go a long way.
The leagues and the future of sports betting is still murky, with the NBA and the NFL diametrically opposed — at least in their commissioners’ public comments.