BetMGM Granted Sports Betting License in Arizona

MGM Resorts Picture
BetMGM revealed on Friday that it was one of the sports betting operators granted an “event wagering license” in the state of Arizona.

The New Jersey-based gambling operator previously partnered with the Arizona Cardinals and the Gila River Casinos to gain access to the Arizona market. With its approval, BetMGM registering customers for online and mobile sports betting on August 28th and then will be able to accept bets on September 9th, when the industry goes live.

Said BetMGM CEO Adam Greenblatt in a statement:

“It is an exciting day here at BetMGM to get the official sign off to launch on day one of sports betting in Arizona. Through our partnerships with Gila River and the Arizona Cardinals, as well as the benefits of being connected to MGM Resorts properties nationwide, we have many exciting things in store for sports fans in Arizona.”

20 Total Sports Betting Licenses

At first, there was a lot of uncertainty as to whether the sports betting bill would be passed in Arizona. However, when things got started, it got together rather quickly. Last April 12th, the Arizona Senate passed HB 2772 by a 23-6 margin. Three days later, Gov. Doug Ducey put pen to paper to legalize mobile sports betting and retail sports wagering in the Grand Canyon State.

Although the launch is still on September 9th, sports betting companies have already positioned themselves in the market by making partnerships with sports betting teams, casinos, and even college football bowl games.

A total of 20 sports betting licenses will be handed out in Arizona, with 10 allotted to professional sports teams and the remaining 10 to be given to the Native American Tribes who own casinos in the state. The initial licenses were doled out this week with Penn National Gaming and FanDuel the first two companies to announce their approval as Arizona sports betting operators.

Arizona Sports Betting Law

To recap, Arizona sports betting will be governed by the Arizona Department of Gaming and they are tasked with creating the rules and regulations that will encompass the industry. Online wagers will be taxed at 10% of revenues while retail sports bets will be levied an 8% tax.

The Arizona sports betting law allows betting on collegiate sports, including Arizona colleges. However, betting on individual performances in college sports is not permitted. Conversely, bettors can make wagers on season performance and awards like the Heisman Trophy.

Sports Wagering license applications were priced at $100,000. Upon approval, sports betting operators will be required to pay an initial of $750,000 for an “event wagering license” and an annual renewal fee of $150,000. Limited operator licenses such as those in race tracks would cost much lower, at an application fee of $5,000, initial license fee of $25,000, and an annual renewal of $5,000.

FanDuel, Penn National Gaming Announce Approved Sports Betting License in Arizona

Arizona State Flag and an Arizona Casino

Industry sources have revealed that FanDuel and Penn National Gaming have both received event gaming licenses from the Arizona Department of Gaming last week. Both gambling companies were licensed as designees while their partner sports franchise/organizations were licensed as operators.

FanDuel was the first sports betting company to partner with a pro sports team in Arizona when they cut a deal with the NBA’s Phoenix Suns last fall. Arizona intends to launch legal sports betting on September 9th when the NFL’s 2021 season opens. However, FanDuel and Penn National can begin marketing campaigns and customer sign-ups on Saturday.

FanDuel previously said it plans to launch online sports betting as soon as possible and then build a retain sportsbook at the Suns’ Footprint Center. Meanwhile, Penn National Gaming is also expected to launch the Barstool Sports App first before building a sports betting shop at the Phoenix Raceway.

A Total of 10 Sports Betting License Applications Received

The Arizona Department of Gaming previously said it received a total of 10 sports betting license applications including one which they announced as rejected last week.

The ADG has not officially named the applicants, although there have been a total of six gambling entities which have aligned themselves with a partner Arizona sports team/organization in recent months.

FanDuel and Penn Gaming are two of the six, pairing with the Suns and Phoenix Raceway, respectively. Meanwhile, the Arizona Cardinals teamed up with BetMGM while the Arizona Diamondbacks entered into a deal with Caesars Entertainment. Bally’s is a sports betting partner of the he WNBA’s Phoenix Mercury and DraftKings paired with the golf’s TPC Scottsdale.

The Coyotes Don’t Have a Sports Betting Partner Yet

With Arizona’s six professional sports teams and organizations already tied up with a sports betting partner, only the NHL’s Phoenix Coyotes have not named their official sports betting partner to date.

The franchise is still on the hunt for a new home after the city of Glendale said last Thursday that it won’t renew the team’s lease past the 2020-21 NHL season. One day later, the Coyotes sent a notice to their season ticket holders that they intend to stay in the metro Phoenix area.

Arizona’s sports betting law allows up to 20 retail sports betting licenses. 10 of the licenses will be allotted to the state’s professional teams and organizations while the other 10 are to be given to the Northern American tribes. In a recent announcement, the ADG said that it received a total of 16 applications from the tribes and that they are in the process of evaluating and selecting the 10 approved applicants.

FanDuel, Caesars Sportsbook to Launch Phoenix Sports Betting Shops on September 9th

Phoenix AZ

FanDuel’s retail sportsbook at the Footprints Center, the home of the Phoenix Suns and Mercury, will commence sports betting operations on September 9th.

A second retail betting shop at the Arizona Diamondbacks’ Chase Field operated by Caesars Sportsbook is also getting ready for the September 9th launch,

FanDuel Looking to Get a Jump on the Market

With the state setting September 9th or the opening day of the 2021 NFL season as the launch date of legal Arizona sports betting, FanDuel looks to get a jump on the market. Right now, the sports betting company is scrambling to finish construction and licensing before the kick off date.

Stretching over 6,300 square feet, the luxury betting shop will have a full-service ticket window and several self-service kiosks to take bets on a daily basis. Phoenix fans in the Footprint Center will also be allowed to place bets using mobile devices on game days inside the arena.

Betting Via Kiosks

While FanDuel’s sportsbook at Footprint Center will be ready on September 9th, Caesars Sportsbook at Chase Field will operate via free-standing betting kiosks operated by the gambling company. With the MLB regular season ending on October 3rd, Caesars will get their full-function retail sportsbook ready by early 2022.

The site of the Caesars sportsbook will be the former Game 7 Grill on the Plaza just outside Chase Field. During the MLB offseason, Caesars will transform that venue into a 20,000 square foot retail betting shop with a bar, restaurant, numerous TVs broadcasting games, and tons of betting options.

Unclear How Many Retail Betting Shops

Sports betting was legalized in Arizona earlier this year and the Department of Gambling has just finished accepting applications from pro sports teams and Native American tribes that plan to engage in legal sports betting. According to the department, they received 10 applications from pro sports teams and 15 applications from the tribes.

It’s unclear how many sports betting companies will operate retail betting shops on the September 11th launch date. However, punters will have multiple mobile betting options to choose from with the other sportsbooks planning to launch their digital apps on the NFL’s opening day.

Arizona Cardinals, BetMGM to Build Retail Sportsbook Inside NFL Arena

Arizona State Flag With a Casino Background

The Arizona Cardinals became the first NFL team to announce plans to build a retail sportsbook inside their home stadium.

The plan to build the brick and mortar sportsbook at the State Farm Stadium in Glendale, Arizona is part of the agreement between the Cardinals and BetMGM, which was announced last Monday.

The partnership is the first for BetMGM in the state as it plans to build its industry-leading sports betting platform to the Grand Canyon State.

Three Other Retail Sportsbooks in Arizona

BetMGM is set to enter the Arizona sports betting scene, which is expected to launch at the start of the 2021 NFL season, through its partnership with the Gila River Indian Community which operates the Gila Hotels & Casinos.

Aside from the State Farm Stadium, BetMGM also plans to build retail sportsbooks at Lone Butte, Vee Quiva, and Wild Horse Pass casinos which are owned by Gila River Indian Community.

The sportsbooks at the three casinos will feature a custom-built BetMGM Sportsbook and is expected to open before the start of the current NFL season. Meanwhile, the sportsbook at the State Farm Stadium is targeting to open in time for the start of the 2022 NFL season.

Sports Betting at Pro Sports Venues

Arizona, Illinois, and the District of Colombia are among the places where sports betting is allowed to take place inside professional sports venues.

In Arizona, the Phoenix Suns announced earlier this year that they would be building a retail sportsbook at the Phoenix Suns Arena though a partnership with FanDuel.

Last year, William Hill opened the first sportsbook inside a U.S. sports stadium at the Capital One Arena, home of the Washington Wizards, Washington Mystics, and Washington Capitals. Most recently, the Chicago Cubs got approval to build a DraftKings sportsbook and bar at Wrigley Field.

NFL Continues to Pivot Towards Sports Betting

The retail sportsbook at the Cardinals home stadium is the latest move for the NFL as it continues to pivot toward the booming sports betting industry.

The league had long opposed legal sports betting, even taking to court and fighting for six years the state of New Jersey for trying to bring legal sports betting outside Nevada.

But since the U.S. Supreme Court took down the Professional and Amateur Sports Protection Act in 2018, the sports betting industry has grown exponentially in the United States. To date, a total of 29 states and the District of Columbia have passed their legislation to legalize sports betting.

Barstool Sports Becomes Arizona Bowl Title Sponsor and Broadcast Partner

College Football Player Next to Money and Sportsbook Board

Barstool Sports will be joining the college football scene by becoming the exclusive title sponsor and broadcast partner of the Arizona Bowl. Scheduled for December 31st, this year’s Arizona Bowl coverage will move from the traditional TV coverage by CBS to online viewing via Barstool Sports’ website, mobile app, and social media channels.

Said Barstool CEO Erika Nardini in an interview:

“We really believe that what we can do is take the best of traditional broadcast and take the best of traditional sponsorship and do both in a brand new way. We think we’ll bring new fans. We know we will bring a level of energy, and we’ll cover the game in a way that is completely unique, and uniquely Barstool.”

Not the Original Intention

With this deal, Barstool Sports will be broadcasting a college football game for the first time ever, although that was not the company’s original intention. According to Nardini, the initial conversations were about straight sponsorship but eventually, it included discussion on distribution “by virtue of that sponsorship”.

The deal was facilitated by sponsorship agency Impression Sports, a Playfly Sports company. Impression Sports also brokered title sponsorship deals for other postseason college football games including the Union Home Mortgage Gasparilla Bowl, Tony the Tiger Sun Bowl, and the Cheez-it Bowl which was formerly the Tangerine Bowl.

Emphasis on Collegiate Sports

Barstool Sports has put an emphasis on collegiate sports this year. Last spring, they organized the “Let Them Play” Classic in Chandler, Arizona after the NCAA women’s golf regional was canceled. They also launched Barstool Athletics Inc. recently to partner with hundreds of NCAA athletes as ambassadors in the wake of the NIL.

The Arizona Bowl was first played in 2015 and last year, it involved teams from the Mountain West and Mid-American Conferences. It is played annually at the University of Arizona stadium and is owned and operated by Tucson-based non-profit TD4Tucson, which donates 100% of net proceeds to charity. With the Barstool Sportsbook expected to launch in Arizona this fall, getting involved in the Arizona Bowl was a good move.

Cliff Castle Casino Partners With PointsBet for Entry in Arizona Sports Betting Industry

Arizona State Flag and an Arizona Casino

Arizona’s Cliff Casino Hotel has entered into a partnership with online gaming operator PointsBet for entry in the state’s newly legalized sports betting industry.

Under the deal, the two parties will work to seek a license to operate online sports betting in Arizona’s newly regulated market.

Arizona Governor Doug Ducey signed the Arizona sports betting bill into a law in April, paving the way for up to 20 sportsbooks to operate in the state with professional sports teams and tribal casinos eligible to apply for a license. So far, six partnerships have been formed in an industry that is expected to launch on September 9th to coincide with the start of the NFL season. Now AZ has its 7th player in Cliff Castle Casino and Points Bet.

Said Aaron Moss, general manager of Cliff Castle Casino:

“Cliff Castle Casino Hotel and PointsBet are excited to partner and initiate our process of offering event wagering in the state of Arizona. PointsBet’s experience and reputation have made them a perfect fit in pursuit of an event wagering license. This partnership allows for Cliff Castle to work alongside PointsBet’s truly first-class brand and product, which we are thrilled to ultimately help make available to the Arizona market.”

10-Year Market Access Deal

According to reports, the agreements is for a 10-year market access deal to legal Arizona sports betting. Under the deal, PointsBet will pay a fixed fee of $850,000 as initial license fee. The Arizona sports betting bill also calls for an 8% tax rate on retail wagers and 10% of net gaming revenue online sports bets.

PointsBet will also help fund a branded sportsbook inside the Cliff Castle Casino Hotel which will be operated by the Yavapai-Apache nation. The online gaming operators has also agreed to make an annual donation to a public interest fund designated by the Yavapi Apache Nation that benefits the youth of the tribe.

The Arizona market represents the 16th state in which the fast-growing online sports betting operator has presence in. PointsBet also plans to utilize its partnership with NBC sports to help promote the brand in their latest market.

Exclusive Sports Betting Partner of NBC

As the exclusive sports betting partner of NBC, PointsBet will make use of the network’s TV and digital assets to help promote the PointsBet brand in the new market.

As part of their agreement, NBC Sports will provide PointsBet with a year-round multi-platform media and marketing opportunities across its portfolio of sporting events, including exclusive gameday integrations across NBC’s regional sports networks.

With a full Spanish language functionality, PointsBet will also be able to reach Hispanic sports fans via Telemundo Deportes and Telemundo broadcast stations.

Another Casino in Phoenix Will Open its Doors in the Next Few Years

Phoenix AZ

Arizona is home to one of the largest casino industries in the Western United States. Incredibly, this industry continues to expand on a regular basis. New reports indicate that a new casino in Phoenix will be opening its doors sometime over the next two years.

Casino fans in the area have reason to be excited. Today, we’ll discuss the details of this new gambling venue. We will also take a look at how Arizona’s gambling industry has been faring throughout 2021.

Here’s what you need to know!

More States Have Recently Welcomed Incredible New Casinos

Regulated casino gambling has been available in the United States for decades. There was a time when only Las Vegas was considered a true gaming hub. That is no longer the case and a huge number of states are now home to a huge number of world-class casinos.

Several states have recently welcomed impressive new gambling properties. Many leaders recognize how effective these venues can be at attracting tourism. They also tend to generate a massive amount of tax revenue for different areas of the country.

Perhaps the most obvious example of this is Las Vegas, which recently welcomed the brand-new Resorts World Las Vegas. At $4.3 billion, this is the most expensive resort ever built in the city. It held a grand opening on June 24 and reports claim this was a major success with thousands of guests attending the opening ceremony.

Atlantic City has also welcomed an exciting new property in 2018 when the Ocean Casino-Resort took the place of the former Revel Resort. Initially, this venue struggled to generate much interest from tourists. Things have turned around in recent years, however, and this property is now the third-most successful venue in the city.

The US casino industry has turned around in a massive way when compared to 2020. There was a time when all major casinos were closed around the country. Most states have now lifted nearly all of the restrictions set on this venue in early last year.

Arizona continues to expand its own casino industry. It’s here that a massive number of popular tribal casinos are located. New reports indicate a brand new casino will soon be opening its doors in the Phoenix area of the state.

Sources Confirm That a New Casino in Phoenix Will Open Soon

The state of Arizona is known for having a large and successful gaming industry. Recently, lawmakers here approved a new set of measures to expand the list of gaming options available here. That took place in April when Governor Ducey approved a new compact that allows both sports betting and additional casinos.

This new compact allows tribal groups in the state to operate thousands of new casinos and four news casinos. That includes two in the Phoenix area. New reports have surfaced this week that another casino in Phoenix will open its doors sometime in the next one or two years.

The new casino in Phoenix will be run by the Gila River Indian Community and will be given permission to offer all of the news games approved in the recent contract. This gaming venue will also be allowed to offer its guests sports betting. It is expected to cost more than $100 million and will also include a hotel.

Gila River Indian Community Governor Stephen Roe Lewis released a statement on this new property to the media this week.

“Adding a 4th casino will bring additional revenue, security, and critical services to Community members. In addition, we anticipate being able to add hundreds of new jobs that Community members can take advantage of, and we expect that many of those will be filled by Community members,” Roe said. 

This property will open its doors near Chandler. Once opened, it should be able to employ over 1,000 individuals. Many believe this venue will help to significantly boost tourism rates in the Phoenix area. We’ll be sure to offer more updates on this property over the next few years!

Arizona’s Sports Betting Industry is Expected to Go Live This September

The US sports betting industry began to expand significantly after May of 2018 when the US Supreme Court decided to strike down PASPA. This proved to be a massive deal for the country’s entire gambling industry. More than 30 states across the country now have a regulated sports betting industry set in place.

Lawmakers in Arizona have been working hard to legalize sports betting for many years. It hasn’t been easy, though. Lawmakers have been forced to come up with an agreement with various tribal groups in the state who hold a monopoly over the gaming industry.

As mentioned earlier, Governor Ducey agreed to a new gaming compact in April that formally approved sports betting in the state. Of course, getting any sportsbooks operational here has proven extremely difficult. Lawmakers still need to come up with specific agreements with these tribal groups to launch sports gambling.

There seems to be some real progress being made, though. The current plan is for the state’s first sportsbooks to launch on September 9 of 2021. The Arizona Department of Gaming has released a set of guidelines to get things moving and recently wrapped up its public comments section to hear what local residents have to say about the industry.

There is clearly a lot happening here with Arizona’s entire gambling industry. Sports betting should become available here within a few months. If all goes according to plan, a new casino in Phoenix will open its doors within a year or two, as well.

Are you excited to hear about the new casino opening up near Chandler? Let us know in the comments section below!

Arizona Department of Gaming Working to Meet Fall Launch of Sports Betting

Arizona State Seal With a Casino Hotel Background
Arizona sports betting became legal last April, when Gov. Doug Ducey signed HB 2772 into a law. But it won’t be operational until the Arizona Department of Gaming can formulate and finalize the rules and regulations governing Arizona sports betting.

With state leaders wanting to launch Arizona sports betting by the time the NFL’s 2021 season starts, the Department of Gaming is working double-time in formulating the rules.

Said Max Hartgraves, public information officer of the Arizona Department of Gaming:

“We do need to set up a whole new regulatory structure and develop these rules. So, we are on a pretty tight timetable. Luckily, we do have that emergency clause, so we’re able to kind of expedite that rule-making process. But, just putting that whole regulatory structure in place, because this form of gaming has never been legal in the state.”

20 Licenses Have Been Issued

So far, a total of 20 Arizona sports betting licenses have been issued. 10 of these were given to Arizona tribal casinos while the other 10 were awarded to Arizona professional sports teams. Positioning has been quick with sports betting companies partnering with different sports teams in recent months.

The Arizona Diamondbacks of the MLB have partnered with Caesars Entertainment to build a retail sportsbook in the plaza adjacent to Chase Field and will launch their mobile sports betting app. The NBA’s Phoenix Suns will team up with FanDuel to bring a sportsbook to the Phoenix Suns Arena. Meanwhile, golf’s TPC Scottsdale has paired with DraftKings for the establishment of a sportsbook at its facility.

Approval by Bureau of Indian Affairs

Last month, the Interior Department’s Bureau of Indian Affairs gave the final nod for the legalization of Arizona sports betting by approving the amended tribal state gaming agreement between Gov. Ducey and the state’s tribal leaders. The tribes fought to protect their exclusive rights to most gambling in Arizona and they got that under the new agreement.

Aside from operating Arizona sports betting, the new law allows the tribal casinos to expand their gaming offerings by adding games such as baccarat and craps. They were also permitted to increase the number of slot machines while maintaining their existing offers for poker and blackjack.

Federal Government Approves Legal Arizona Sports Betting

Arizona State Flag and an Arizona Casino

The United States Department of the Interior approved on Monday an updated tribal gaming compact agreed upon last month by Gov. Doug Ducey and the state’s tribal leaders, paving way for the legalization of Arizona sports betting and online fantasy sports betting.

Said Gov. Ducey in a statement:

“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. 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!”

Legal Gambling on Professional Sports

The approval of the Department of Interior’s Bureau of Indian Affairs was the last step in the legalization of Arizona sports betting. Professional teams will need to acquire state-issued licenses and set up their sports wagering operations. Backers of legal Arizona sports betting hope that everything will be ready in time for the start of the 2021 NFL season.

Under the deal, major professional sports groups will be able to offer legal Arizona sports betting on professional sports leagues like the NFL, NBA, MLB, and NHL. Online fantasy sports operators like DraftKings and FanDuel can “piggyback” on the approved licenses.

The deal also allows the tribes to expand their casino gambling options by adding games like craps and baccarat or increasing the number of slot machines in their properties.

Partnerships Have Started

Since the Governor and the tribes signed the new agreement, partnerships between sports organizations and sports betting companies have started. Earlier this month, the Arizona Diamondbacks and Caesars Entertainment announced a partnership to build a retail sportsbook in the plaza adjacent to Chase Field.

The NBA’s Phoenix Suns have also announced that the organization will partner with FanDuel to bring legal Arizona sportsbetting to the Phoenix Suns Arena via a retail sportsbook. The Suns say that the 6,300 square foot sportsbook is expected to be ready for the 2021-22 NBA season.

Likewise, the TPC Scottsdale which is the home of the Waste Management Phoenix Open golf tournament, revealed that it will be partnering with DraftKings to construct a sportsbook at the facility. TPC Scottsdale describe the project as a “19th hole experience” where fans can place bets all-year round.

Lawmakers Pass Arizona Online Sports Betting Bill

Arizona State Flag and an Arizona Casino
Arizona lawmakers moved companion bills, Senate Bill 1797 and House Bill 2772 through their respective chambers, and approved the House version on a 23-6 vote with one member not voting. The bill now moves to the office of Gov. Doug Ducey, who is expected to sign the bill into a law, legalizing sports and fantasy betting, as well as a keno game which will be run by the state lottery.

As Many as 20 Sports Betting Operators

Arizona’s sports betting bill allows as many as 20 sports betting operators, with the state’s Native American tribes getting 10 and its professional sports organization getting the other 10. All of them can offer online sports betting. Betting on college sports is allowed, except proposition bets. Sports betting operators will be taxed at 8% on all revenue after deducting payouts to bettors.

Under the bill, the Arizona Department of Gaming can license fantasy sports operators, who will be allowed to take online bets. With fantasy sports, gamblers can select virtual teams made up of actual players in recognized sports and place bets on them.

The Arizona Cardinals, Arizona Diamondbacks, Arizona Coyotes, Phoenix Suns, TPC Scottsdale of the PGA Tour’s Waste Management Phoenix Open, and Phoenix Raceway which houses annual NASCAR and Indycar events will be permitted to partner with an online operator. Each team could also open a retail sportsbook at their venue or at a nearby property.

Amendments to Gaming Compacts With Tribes

With the passing of the bill, Gov. Ducey is also expected to sign amendments to the gaming compacts with the state’s Native American tribes. Currently, these tribal gaming properties only offer card games such as poker and blackjack. The amendment will allow them to expand offering to include new games such as baccarat, craps, and roulette.

These amendments and the Governor’s decision to allow them to expand to an unspecified number of new casinos in Metro Phoenix helped win their support for the sports betting bill, causing them to lobby on its behalf throughout the legislative process.

Assuming thar Gov. Ducey signs the bill this week, lawmakers expect legal Arizona sports betting to commence before the start of the 2021 NFL season. The Arizona Department of Gaming still has to approve the rules and hand out licenses, which has taken between three to 18 months in other states.