The NFL goes all in on Las Vegas

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The NFL goes all in on Las Vegas
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The change in the NFL's stance reflects the broader shift in U.S. laws and attitudes toward sports gambling, which has been legalized and is live in 14 states.

Even before the Supreme Court struck down the 1992 law in May 2018, opening the door for states to make their own rules, leagues were figuring out how to make gambling part of their businesses.

The NFL wasn't going to embrace Las Vegas until it had a way to profit from gambling that didn't expose it to such risks as player scandals, said David Carter, an expert on sports business at the University of Southern California's Marshall School of Business, where he's an associate professor. The legal changes also put Las Vegas and its casinos back in play for the leagues. The year the ban was lifted, the NHL, the NBA and MLB all named MGM Resorts as their official sports betting partner. Last year, the NFL announced Caesars Entertainment Corp. as its first official casino sponsor, but the deal excluded sports betting.

"The NFL has really evolved on gambling. The $750 million in stadium funding from the city probably helped," said Schwartz, the UNLV professor.

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