May 21, 2024; Los Angeles, California, USA; Los Angeles Dodgers designated hitter Shohei Ohtani (17) slides into second base for a stolen base against Arizona Diamondbacks shortstop Kevin Newman (18) at Dodger Stadium. Mandatory Credit: Kirby Lee-USA TODAY Sports
- The Arizona Department of Gaming will be opening its application process for two new sports betting license holders
- The department will open the process on July 8 and will close the window on July 19
- The state currently has 16 live sports betting licenses
Arizona sports betting is open for business.
The Arizona Department of Gaming announced it will be accepting new applications for two new sports betting license holders. The state currently has 16 live sports betting licenses, and can have a maximum of 20 live licenses.
The department is allocating one license for an Arizona sports franchise and one license for an Arizona Tribe.
Two New Licenses Available
The Arizona Department of Gaming will begin accepting applications for the two new sports betting licenses on July 8, 2024, and will close the window on July 19, 2024. Applicants will have to submit their completed applications within this timeframe in order to be considered.
Qualified applicants will be notified by no later than Aug. 2.
The last time the department opened the process for new license holders was in January, opening the state up for two new licenses, one for a tribe and one for a professional sports franchise. The Department of Gaming eventually awarded a new license in March to Fanatics Betting and Gaming as the designee for Tonto Apache Sports Betting, an organization of the Tonto Apache Tribe.
There are 22 federally recognized tribes in Arizona, eight of which currently hold sports betting licenses in the state.
Additionally, Arizona’s five major sports franchises (Cardinals, Suns, Coyotes, Diamondback, and Mercury) all hold sports betting licenses. However, the state allows Indoor Football League franchises to also hold sports betting licenses. One of the three IFL franchises (Arizona Rattlers) currently has a license.
Here are the currently licensed sports betting partnerships in the state:
- BallyBet (Phoenix Mercury – WNBA)
- Bet365 (Ak-Chin Indian Community)
- Betfred (Fort McDowell Yavapai Nation)
- BetMGM (Arizona Cardinals – NFL)
- BetWay (San Juan Southern Paiute Tribe)
- Caesars (Arizona Diamondbacks – MLB)
- Desert Diamond Mobile LLC (Tohono O’odham Nation)
- DraftKings (TPC Scottsdale – PGA)
- Fanatics Sportsbook (Tonto Apache Tribe)
- FanDuel (Phoenix Suns – NBA)
- Golden Nugget (Hualapai Tribe)
- Hard Rock Digital (Navajo Nation)
- ESPN BET (Phoenix Speedway – Nascar)
- BetRivers (Arizona Rattlers – IFL)
- SaharaBets (Arizona Coyotes – NHL)
- SuperBook (Fort Mojave Indian Tribe)
Arizona Sets March Sports Betting Record
It’s a good time for expansion, as the state is coming off a record-setting month in March. The Arizona Department of Gaming reported $759.8 million in sports betting handle for the month, its highest handle total since launching sports betting in the state.
The handle total for the month was a 17.8% increase when compared with the March 2023 handle totals.
The state collected approximately $3.8 million in tax revenues for the month.
Rob covers all regulatory developments in online gambling. He specializes in US sports betting news along with casino regulation news as one of the most trusted sources in the country.
Arizona is making headlines in the world of sports betting as the state is now accepting applications for new licenses. This exciting development comes after the legalization of sports betting in Arizona earlier this year, opening up a whole new world of opportunities for both sports fans and businesses alike.
The Arizona Department of Gaming is now welcoming applications from interested parties looking to enter the lucrative sports betting market in the state. This includes sportsbook operators, professional sports teams, and tribal casinos, among others. The application process is expected to be highly competitive, as the demand for sports betting services in Arizona is high.
One of the key requirements for obtaining a sports betting license in Arizona is partnering with a professional sports organization or a tribal casino. This partnership is crucial for ensuring the integrity of sports betting operations and protecting consumers from potential fraud or misconduct. Additionally, applicants must meet certain financial and operational criteria set forth by the Department of Gaming to be considered for a license.
The legalization of sports betting in Arizona has been met with enthusiasm from both sports fans and businesses. Sports betting is expected to bring in millions of dollars in revenue for the state, creating new job opportunities and boosting the local economy. Furthermore, sports betting will enhance the overall fan experience, allowing spectators to engage with their favorite teams and players in new and exciting ways.
As Arizona moves forward with the licensing process, it is important for interested parties to carefully review the requirements and guidelines set forth by the Department of Gaming. By following these guidelines and submitting a strong application, businesses can position themselves for success in the burgeoning sports betting market in Arizona.
Overall, the acceptance of new sports betting licenses in Arizona represents a significant milestone in the state’s efforts to modernize its gambling industry and provide new opportunities for businesses and consumers alike. With the right partnerships and strategies in place, sports betting operators in Arizona have the potential to thrive in this dynamic and rapidly growing market.
