Connect with us
Prague Gaming & TECH Summit 2024

Arizona Department of Gaming

PayNearMe Wins Approval to Process Online Sports Betting and iGaming Payments in Arizona

Published

on

 

Payments platform PayNearMe has announced that it has been approved by the Arizona Department of Gaming to provide its services to licensed operators in the state.

Barstool Sportsbook, Penn Interactive’s mobile sports betting app with nearly 70 million hits per month, has been accepting cash deposits at retail locations with PayNearMe since September 2020 and is now among the first to go live in Arizona with the company. PayNearMe has launched four clients in Arizona, and is actively working to enable additional operators across the state to accept players’ cash and electronic payment deposits.

“Players want a frictionless deposit experience, and PayNearMe’s iGaming solution helps operators improve the iGaming experience by enabling players to quickly and easily fund their accounts using any tender they choose — including Apple Pay and Google Pay — via a smartphone. As more states legalize online sports betting, PayNearMe’s technology and electronic cash network make it possible for operators to get up and running quickly in each new state,” Michael Kaplan, Chief Revenue Officer and General Manager at PayNearMe, said.

“We are ready to rapidly expand the Barstool Sportsbook & Casino app across the US in tandem with states legalizing sports betting. PayNearMe’s technology makes it possible for us to quickly begin accepting cash deposits as states go live,” Jake Francis, Sr. Director of Operations at Penn Interactive, said.

Advertisement

Managing deposits and payouts is a complex process that requires technology designed specifically for the iGaming industry.

“We have deep expertise in the gaming industry and have worked closely with the Arizona Department of Gaming to ensure our service is compliant with all applicable statutory requirements,” Connor McNulty, Senior Regulatory Counsel and BSA/AML/OFAC Compliance Officer at PayNearMe, said.

Powered by WPeMatico

Continue Reading
Advertisement

Arizona Department of Gaming

Arizona Department of Gaming Announces Allocation for Event Wagering License for Fanatics

Published

on

arizona-department-of-gaming-announces-allocation-for-event-wagering-license-for-fanatics

 

The Arizona Department of Gaming (ADG) announced that it has allocated an event wagering operator license to Fanatics Betting and Gaming as the designee for Tonto Apache Sports Betting, an organization of the Tonto Apache Tribe, pursuant to A.R.S. § 5-1304 and A.A.C. R19-4-105 and 106.

On January 16, 2024, ADG announced that it would begin accepting applications for available event wagering licenses, which included 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 February 16, 2024, and closed on March 4, 2024. Applicants were required to submit their completed applications within this timeframe in order to have been considered for an event wagering license.

Continue Reading

Arizona Department of Gaming

*NEWS RELEASE* Bet Responsibly and Legally on Super Bowl LVII

Published

on

*news-release*-bet-responsibly-and-legally-on-super-bowl-lvii

 

In less than a week, the San Francisco 49ers will face off against the Kansas City Chiefs in Super Bowl LVIII at the Allegiant Stadium in Las Vegas, Nevada. The Super Bowl is one of the most anticipated sporting events of the year and is one of the most popular events to wager on. The Arizona Department of Gaming asks that if you choose to wager, please do so legally and responsibly.

“The Arizona Department of Gaming wants all Arizonans to enjoy the Super Bowl,” said Jackie Johnson, ADG CEO. “However, it is crucial to remind those interested in a friendly wager to do so carefully to ensure gambling is both
fun and legal.”

Sports Pools – Know What Rules to Follow

In the United States, it is common to see friends and family participate in sports pools for the Super Bowl, often known as “Super Bowl Squares”. These pools are legal as long as the state’s social gambling rules are followed. According to Arizona Law (A.R.S. § 13-3301(7)), social gambling requires:

Advertisement

● That gambling cannot be conducted as business, which means that hosts cannot receive financial benefit, unless they are participating in the game;
● Hosts pay out all pool money to the winner(s);
● Only participants can win; and
● Players compete on equal terms with each other.

A few things to be on the lookout for that indicate illegal gambling:

● Paying a fee to participate, including “suggested” or “voluntary” donations.
● A host who keeps a percentage of the pool for administering the game.
● A required minimum purchase to participate (food or beverage, etc.).
● Unequal odds.
● Underage participants (under 21 years of age).

ADG takes complaints about illegal gambling seriously. To report suspected illegal gambling activity, visit our website or call 602-255-3886. You can remain anonymous.

Responsible Betting – What to Keep in Mind

Advertisement

With sports betting legal in the state, it has become increasingly important to educate yourself on how you can bet responsibly. Listed below are some helpful tips as part of the American Gaming Association’s Have A Game Plan. ® Bet Responsibly.™ campaign:

● Set a Budget – It is crucial to keep in mind that everyone will have different budgets; never bet beyond your own means. Be cautious and make sure you set a limit – and stick to it – if you plan on wagering. More information on how to responsibly set a budget for wagering. HERE
● Know the Odds – There are plenty of key terms everyone should know when making a sports bet. What’s a parlay? Over/under? Moneyline? If you decide to wager, make sure you are briefed on the basics of sports betting.
● Keep it Social – Whenever gambling, be mindful that all forms of gambling are for the purpose of entertainment. This is not a way to make money. By gaming with friends, family, and colleagues, you can keep playing responsibly and have fun.
● Use Legal Sportsbooks – Legal operators provide important player protections that are not found in the illegal market. Whether you are placing a wager on your phone or at a physical sportsbook, make sure you are using a legal operator in the state. Visit the ADG website to view a list of the state’s approved operators and retail locations.

You can view more information on how to bet responsibly by visiting haveagameplan.org.

Are you or a loved one impacted by a problem with gambling? Take the next step and access the state’s 24-hour confidential helpline by calling 1-800-NEXTSTEP, texting NEXTSTEP to 53342, or visiting problemgambling.az.gov.

Continue Reading

ADG

Arizona Department of Gaming to Accept Applications for Event Wagering Licenses

Published

on

arizona-department-of-gaming-to-accept-applications-for-event-wagering-licenses

 

The Arizona Department of Gaming (ADG) announced that it will begin accepting applications for event wagering licenses in August. Pursuant to A.R.S. § 5 -1304 and A.A.C. R19-4-105 and 106, ADG will accept applications for one event wagering license reserved for Arizona Tribes and two event wagering licenses reserved for Arizona Sports Franchises, as defined in A.R.S. § 5-1301(7).

To ensure transparency and accessibility, ADG will publish updated application forms and guidelines on its website on July 14, 2023. Furthermore, ADG will be hosting an informational webinar on July 17 for prospective applicants. The webinar will cover key aspects of the application process, provide clarification, and address queries from potential applicants.

The application window for event wagering licenses will open on August 1 and will close on August 15. 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.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania