- The Department of Interior has officially approved the Arizona tribal gaming compact allowing the state to launch sports betting.
- The Governor has already signed the sports betting bill into law.
- This was the final hurdle for launching a regulated market.
PHOENIX – Arizona sports betting fans can rejoice as the final big hurdle for launching a regulated market has been crossed.
The gaming compacts between the tribal leaders and Arizona have officially been approved by the Department of Interior which now officially makes sports betting regulated in the Grand Canyon State.
Arizona can now accept applications from major sportsbooks to operate in the state. There have already been many deals made in advance, so Arizona sports betting could launch before the end of 2021.
Arizona Sports Betting Incoming
Now that it has been approved, Arizona is now one step closer to officially hosting local betting lines for their residents and tourists alike.
“Gaming creates thousands of jobs for Arizonans, it generates tax revenue that benefits key areas of our communities, and it draws visitors to our state,” said Ducey. “The tribal-state gaming compact amendment, along with its associated legislation, was the culmination of a multi-year process and I was proud to work with all the stakeholders on this historic accomplishment. The tribal-state gaming compact and its associated legislation now is officially in effect — thank you to everyone who worked to make this happen!”
In anticipation of the launch of sports betting, multiple teams have been curating deals with sportsbooks to launch officially.
The Arizona Diamondbacks have partnered with Caesars Sports to launch an in-stadium sportsbook, FanDuel partnered with the Phoenix Suns to gain market access, and the PGA Tour is working with DraftKings to launch an Arizona sportsbook at TPC Scottsdale.
Arizona will hit the ground running once all the major sportsbooks drop. At the rate things are going, the legal sports betting market in Arizona could potentially launch in time for the 2021 NFL season.
Coming from a background in narrative-based writing, Giovanni strives to write stories that will keep the reader engaged. Although he does pride himself in being accurate, how the story is told is also very important to him. When he’s not keeping readers up to date on sports betting laws and legislation, you can find him writing and recording music, playing videogames, or engaged in heated sports debates with his friends.