Hockey Night in Canada

FanDuel strikes deal with NHL, Devils for sports bets, fantasy

The latest in a series of deals between sports leagues and gambling companies happened occurred Monday when daily fantasy sports company FanDuel joined forces with the NHL and New Jersey Devils for sports betting and fantasy sports play.

Company to have its logo on ice at New Jersey games, access to league's data feed

In its deal with the NHL, daily fantasy sports company FanDuel will get exposure during all Devils regular-season home games via an in-ice logo at the Prudential Center. (Bruce Bennett/Getty Images/File)

The wall that professional sports leagues in the United States fought so hard to maintain between themselves and legal sports betting continues to crumble.

The four major pro sports leagues fought New Jersey's efforts to legalize sports betting in a case that went all the way to the U.S. Supreme Court, and ended in May with all 50 states winning the right to offer sports betting.

Now, the leagues are realizing sports betting can be a profitable partner instead of an existential threat. It's off to a fast start in New Jersey, with over $336 million US in bets placed here since it began in mid-June.

The latest in a series of deals between sports leagues and gambling companies happened Monday morning when FanDuel, the daily fantasy sports company and recently minted bookmaker joined forces with the National Hockey League and its New Jersey Devils franchise for sports betting and fantasy sports play.

The company has become a sports betting partner of the league, as well as its official daily fantasy sports partner. FanDuel will have access to the NHL's real-time, verified game data feed, in a deal similar to one the league recently reached with MGM Resorts International.

CBC Sports' Anson Henry explains MGM/NHL deal:

CBC's Anson Henry gives some details on the new strategic sports gambling partnership the NHL has made. 1:47

In its deal with the Devils, FanDuel will get exposure during all regular season home games via an in-ice logo.

'Perfect next step'

"We are continuing to be progressive in our approach to the sports betting landscape, working directly with the industry and focusing on innovative opportunities for fan engagement," said NHL commissioner Gary Bettman.

"Joining forces with the National Hockey League was the perfect next step for us as both our sports betting and fantasy sports business continue to grow," said Matt King, CEO of FanDuel Group.

"The league's clear vision for these categories and this partnership marks an exciting time for both organizations."

FanDuel runs the sports book at the Meadowlands Racetrack in northern New Jersey, just outside New York City.

The company that owns the Devils, the Newark, N.J., arena in which they play, the Prudential Center, and the National Basketball Association's Philadelphia 76ers recently struck deals with bookmaker William Hill and Caesars Entertainment for sports lounges at the New Jersey arena, as well as marketing and promotional benefits.

Earlier this year, William Hill agreed to do promotional work and post odds at the home arenas of the Las Vegas Golden Knights.

Comments

To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.