The National Hockey League (NHL) will make a major announcement on Monday regarding its participation in the sports betting marketplace.

Sportnet’s Chris Johnston, a Toronto-based hockey insider for the NHL Network and a senior hockey writer for Sportnet, a Canadian equivalent of ESPN, said via Twitter, “The NHL has decided to dive head-first into the sports betting business. Official partnership(s) to be announced at a Monday morning press conference in New York. Word I’m hearing is “we’re going all in.”

NHL Commissioner Gary Bettman sent out a media advisory Friday alerting news outlets that he’ll speak at a Monday news conference in New York City.

No Further Information Yet Released on NHL’s Sports Betting Move, But Bettman’s Presence Appears to Guarantee Some Importance to the News Conference.

In July the NBA and commissioner Adam Silver announced at a news conference in New York a 3-year, $25 million marketing and data deal with MGM Resorts International. The non-exclusive arrangement largely focuses on marketing, but does grant MGM access to the league’s official data feed.