Sports

Arizona To Launch Sports Betting By September

The final version of proposed sports betting laws to be adopted in Arizona has already been issued by the Arizona Department of Gaming. This has also been sent to the Secretary of State’s Office, indicating that we will soon learn which businesses will be establishing bookies in the state.

The legality of sports betting in the state was declared officially in April. Arizona is now one of the regions in the United States where sports betting is allowed. There are already more than 20 states, and the drive for legal sports betting in various country areas began around three years ago.

The Professional and Amateur Sports Protection Act, 1992, was struck down by the United States Supreme Court in May 2018. Under this law, sports betting was illegal in the United States for a long time. However, few states in the US pushed the idea of operating local sports betting. These were New York, Delaware, New Jersey, Rhode Island, and others. Sports Betting in Arizona is to begin by September.

Max Bichsel, the VP of BetArizona.com, is quite optimistic about this step. According to him, Arizona offers a promising prospect for legalized sports betting in the United States. The state’s Department of Gaming is also working to ensure the gambling operation begins by the NFL season.

The fundamental structure for sports betting in Arizona is a win for all stakeholders, including mobile carriers, due to the availability of a license, sports teams’ license eligibility, and the tribe offering gambling choices outside of tribal boundaries.

Sports betting businesses work towards strategic agreements by tying up with local sports teams. However, sports betting is not yet legal in Arizona. The Arizona Cardinals mentioned their collaboration at State Farm Stadium with BetMGM. BetMGM is expected to establish its sportsbook in time for the 2022 NFL season, according to reports.

Other clubs not belonging to this sport have previously established ties with betting businesses, which includes Cardinals. The Phoenix Suns announced that they would keep the partnership deal further with FanDuel.

Ten private bookmakers will be awarded an operation license under Arizona’s betting regulations. Another ten will go to Arizona tribes, with another ten going to tribes and teams who work with the state’s racing tracks for horses.

Michael Grant

Michael writes news articles covering covering whole casino industry. He is passionate about online poker games. He regularly contributes in-depth news stories regarding casino industry and legislations.

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