DraftKings Sportsbook Unveils Plans for TPC Scottsdale

Arizona State Flag With a Casino Background
Sports bettors in Arizona will soon have a new premier sportsbook to visit. Plans for the coming DraftKings retail sportsbook at the TPC Scottsdale were approved. The details of the site have since been made public. The new retail sportsbook will have plenty of betting options and other amenities available.

TPC Scottsdale is one of the official sites of the PGA Tour. DraftKings was named the official betting partner of the organization. The pairing of a DraftKings and TPC Scottsdale was a natural fit. Construction on the new retail sportsbook is scheduled to being next month.

Arizona only legalized sports betting last year. The sample size is small, but so far the industry is a hit. Bettors in Arizona have bet nearly $2 billion since legal gaming options opened last fall. Legal sportsbooks and the state budget have both benefitted greatly from the heavy betting action.

What Is TPC Scottsdale?

TPC Scottsdale first opened in 1986 and is located just outside of Scottsdale, AZ. The 36-hole venue is operated by the PGA Tour. It was the sixth club opened in the TPC Network. There are two courses on-site: the Stadium and the Champions course. It is the official home of the Waste Management Phoenix Open.

Since the venue is home to PGA events, that means the features are held to the highest standards. Both golf courses are widely celebrated and are often ranked among the best in the country. There is even an annual pass program for players who want unlimited access to the links.

In addition to two fantastic courses, TPC Scottsdale has many other great amenities. At the clubhouses, guests have access to award-winning cuisine. TPC Scottsdale even has connections with local resorts for guests from out of town. There is also space available that can be reserved for special events.

Plans for DraftKings Retail Sportsbook

Guests at the TPC Scottsdale already have access to plenty of great features. Now, the storied course is about to get a major upgrade. Earlier this month, plans for the DraftKings retail sportsbook were approved. It is scheduled to open in Fall 2023.

When it is completed, the retail sports betting lounge will have 40 self-service betting kiosks. There will also be 7 different ticket windows and high-speed internet. Arizona allows mobile sports betting, so there will be plenty of wager opportunities for everyone in the venue.

The new DraftKings sportsbook will also have food and drinks available. Guests over 21 will have the choice of 12 different beers on tap. There will also be a total of 390 seats at the sports betting lounge. Plans call for a total of 3,400 square feet of video walls and TV screens. The venue was designed by Allen + Philp Partners.

A Closer Look at Arizona’s Gaming Revenue

Arizona has one of the youngest sports betting markets in the US. The Copper State did not allow legal fantasy sports betting until last August. Legal sports betting followed in September 2021. Even if that short time frame, sports betting has become widely popular.

In January of this year, sportsbooks raked in a total betting handle of $564 million. Sports bettors in Arizona prefer mobile sports betting above other wagering options. That is good news for the state because the tax rate is higher on mobile bets.

Currently, Arizona’s gambling laws call for an 8% state tax on retail wagers. Mobile bets on the other hand are taxed at a 10% rate. Arizona also charges a 5% tax on all winnings. So far, legal sportsbooks have generated roughly $60 million in revenue. The state has collected more than $6.1 million in taxes from gaming revenue.

Conclusion

One of the best golf courses in Arizona is about to get a major upgrade. Plans for a new DraftKings retail sportsbook at the TPC Scottsdale were approved. Construction on the sports betting lounge will begin next month. Assuming the project stays on schedule, it will open in the fall of next year.

The new gaming lounge will have dozens of retail betting options for guests to use. There will also be more than 3,000 square feet of screens for watching live sports. DraftKings’ new betting lounge will also be good news for the state. Arizona charges an 8% tax on retail betting.