Arizona Department of Gaming
Arizona Sports Betting to Further Enhance US Wagering Market
The arrival of sports betting in Arizona has marked a significant milestone in the rapid growth of the U.S. wagering industry.
After legalization in April 2021, the countdown to Arizona’s launch has been highly anticipated. To date the Arizona Department of Gaming has announced 18 of 20 sports betting licenses, having initially received 26 applications.
In addition, Daily Fantasy Sports is already well under way in Arizona having hit the market on August 27. PlayUp is a global leader in the field of Daily Fantasy Sports, offering some of the largest peer-to-peer online betting prize pools available.
Dr. Laila Mintas, CEO of PlayUp USA, said: “After months of buildup, we are excited that the launch of Arizona’s sports betting is now here and congratulate all those involved. There is significant opportunity in the Arizona market and PlayUp remain optimistic of receiving a license within due course.
“Equally as industry leaders, we are excited that those in Arizona can now experience the excitement of Daily Fantasy Sports first hand and welcome the opportunity the launch our product in the near future.”
Powered by WPeMatico
ADG
Arizona Department of Gaming Announces Allocations for Event Wagering Licenses
The Arizona Department of Gaming (ADG) announced that it has allocated an event wagering operator license to Plannatech as the designee for the San Carlos Apache Tribal Gaming Enterprise, as well as allocated an event wagering operator license to Sporttrade as the designee for the Quechan Indian Tribe of the Fort Yuma Indian Reservation, pursuant to A.R.S. § 5-1304 and A.A.C. R19-4-105 and 106.
On June 7, 2024, ADG announced that it would begin accepting applications for available event wagering licenses, which included no less than one event wagering license reserved for Arizona Tribes and no less than one event wagering license reserved for Arizona Sports Franchises, as defined in A.R.S. § 5-1301(7).
The application window for event wagering licenses opened on July 8, 2024, and closed on July 19, 2024. Applicants were required to submit their completed applications within this timeframe in order to have been considered for an event wagering license.
ADG
Arizona Department of Gaming Reports $43.6 Million in Tribal Gaming Contributions for the Fourth Quarter of Fiscal Year 2024
The Arizona Department of Gaming (ADG) announced today $43,586,004 in tribal gaming contributions to the Arizona Benefits Fund for the fourth quarter of Fiscal Year (FY) 2024. This amount represents an approximate 3.3 percent increase when compared to the same quarter of FY 2023.
“Celebrating yet another remarkable milestone in tribal gaming, we are thrilled to announce that Arizona has witnessed yet another record-breaking year,” said Jackie Johnson, Cabinet Executive Officer, ADG. “With a record contribution of $157.2 million to the Arizona Benefits Fund, our tribal partners have once again demonstrated their unwavering commitment to the prosperity of our state and local communities. We extend our heartfelt gratitude to our tribal partners for their continued dedication and collaboration.”
The Arizona Benefits Fund receives 88 percent of tribal gaming contributions, providing significant dollars to support instructional improvement in schools, trauma and emergency care, tourism, and wildlife conservation throughout the state.
Tribal gaming contributions to the Arizona Benefits Fund for the 4th quarter of the State’s FY 2024 are as follows:
Instructional Improvement Fund/Education ………………………………………………….. | $22,474,451 |
Trauma and Emergency Services Fund ………………………………………………………….. | $10,861,632 |
Arizona Department of Gaming operating costs ………………………………………………. | $3,308,133 |
Arizona Wildlife Conservation Fund ……………………………………………………………….. | $3,103,324 |
Tourism Fund ………………………………………………………………………………………………. | $3,103,324 |
Problem Gambling Education, Treatment and Prevention …………………………………… | $735,140 |
FY 2024 Qtr 4 Total: Tribal Gaming Contributions to the Arizona Benefits Fund….. $43,586,004
Per the Arizona Tribal-State Gaming Compacts, tribes with casinos also contribute a percentage of their Class III gross gaming revenue to cities, towns, and counties. Total tribal contributions to the Arizona Benefits Fund in addition to cities, towns, and counties in the state has amounted to over $2.2 billion since FY 2004. Currently, there are 25 Class III casinos in Arizona, which ADG regulates in partnership with Arizona tribes.
Arizona
Arizona Department of Gaming to Accept Applications for Event Wagering Licenses
he Arizona Department of Gaming (ADG) is pleased to announce that it will begin accepting applications for event wagering licenses in July. Pursuant to A.R.S. § 5-1304 and A.A.C. R19-4-105 and 106, ADG will accept applications for no less than one event wagering license reserved for Arizona Tribes and no less than one event wagering license reserved for Arizona Sports Franchises, as defined in A.R.S. § 5-1301(7).
Prospective applicants are encouraged to review the provided materials on ADG’s website carefully to understand the application process and requirements.
The application window for event wagering licenses will open on July 8, 2024, and will close on July 19, 2024 at 5 PM. Applicants must submit their completed applications within this timeframe in order to be considered for a license. ADG will thoroughly evaluate all applications received based on the established criteria pursuant to the State’s event wagering rules and statutes.
Interested parties are encouraged to visit ADG’s website for detailed information on eligibility requirements, application procedures, and relevant timelines.
-
Australia6 days ago
Australia’s BetStop Receives International Regulatory Award
-
Brazilian Ministry of Finance6 days ago
Brazilian Ministry of Finance and IBIA sign sports betting integrity agreement
-
Brazil6 days ago
Delasport Ready for Brazil Expansion
-
Brazil6 days ago
ProntoPaga Transforms its Operating Model in Brazil to Ensure Risk-Free Transactions
-
Canada6 days ago
IAGR announces Toronto as host city for 2025 conference
-
Bonita-Fort Myers Corporation6 days ago
Seminole Tribe of Florida and West Flagler Parties Announce End of Legal Challenges and Beginning of Partnership to Offer and Promote Jai Alai on the Hard Rock Bet App
-
Brazilian Ministry of Finance5 days ago
Brazilian Ministry of Finance and Sportradar Join Forces to Strengthen Integrity of Sports
-
Aristocrat6 days ago
Aristocrat Awarded First Gaming-Related Vendor License from GCGRA