ADG
Fubo Gaming Receives License to Offer Mobile Event Wagering From the Arizona Department of Gaming
Arizona Marks Company’s Second State License; First Mobile Sportsbook on Track to Launch in Q4 2021
Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform fuboTV Inc. (NYSE: FUBO), today announced that it has been granted a Management Services Provider Certification from the Arizona Department of Gaming (ADG), which subject to certain additional regulatory approvals, will allow Fubo Gaming to offer mobile event wagering within the state of Arizona through a market access agreement with the Ak-Chin Indian Community.
This marks the company’s second state license, following recent approval in Iowa, and represents another milestone in moving toward the launch of its mobile sportsbook, Fubo Sportsbook, which remains on track to go live in the fourth quarter 2021.
Once launched, sports bettors in the Grand Canyon state will enjoy a new, innovative mobile sportsbook that will enhance their wagering experience through the “Watching Now” feature, an industry-first integration of sports wagering and live streaming with fuboTV.
Designed as a holistic, hyper-personalized betting experience reflecting what users are watching on fuboTV, Fubo Sportsbook intends to combine data from both the betting and streaming platforms. Leveraging fuboTV’s first-party user behavior data to understand consumers’ viewing preferences and recommend relevant bets, the company intends to turn passive viewers into active, engaged participants.
“The license award in Arizona is an important strategic step as we aim to bring our integrated Fubo Sportsbook to the passionate sports fans of Arizona,” said Scott Butera, president, Fubo Gaming. “I’d like to thank our partners at the Ak-Chin Indian Community, who are leaders in the Arizona gaming community, for helping us achieve this milestone today.”
Butera added, “With the forthcoming launch of Fubo Sportsbook, we look forward to providing a seamless user experience that allows fans to wager while they watch their favorite sports. We believe Fubo Sportsbook will add another exciting layer to the sports entertainment experience – one that will bring increased interaction and engagement between sports viewing and betting.”
In addition to its licenses and market access agreements in Arizona and Iowa (market access via Casino Queen), Fubo Gaming has also entered into market access agreements in Pennsylvania via The Cordish Companies as well as Indiana and New Jersey via Caesars Entertainment Inc.
About Fubo Gaming
Fubo Gaming Inc., is a Chicago-based subsidiary of live TV streaming platform fuboTV Inc. (NYSE: FUBO) that is dedicated to delivering a unique, hyper-personalized sports entertainment and wagering experience. Launched in 2021, Fubo Gaming brings together fuboTV’s leading sports-first live TV streaming platform with the soon-to-be-launched Fubo Sportsbook to create an omniscreen ecosystem in which wagering information automatically syncs with users’ interests and real-time viewing. Fubo Sportsbook is expected to launch in Q4 2021, subject to obtaining requisite regulatory approvals. In addition to its licenses and market access agreements in Arizona (via the Ak-Chin Indian Community) and Iowa (via Casino Queen), Fubo Gaming has also entered into market access agreements in Pennsylvania via The Cordish Companies as well as Indiana and New Jersey via Caesars Entertainment Inc. For more information, visit fubosportsbook.com.
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The Arizona Department of Gaming (“ADG”) has taken action against an overseas gaming company in Curaçao that is allegedly operating illegal online gaming sites, Bovada.com and Bovada.lv (Bovada), accessible to Arizona residents. Following an investigation into the matter, the ADG sent a cease-and-desist letter to Harp Media B.V., which operates Bovada, on November 8, 2024.
The operation of Bovada in Arizona is alleged to be a felony criminal enterprise and Bovada has been directed to desist from any future illegal gambling operations or activities of any type in Arizona. Due to the unregulated and illegal online gaming offerings on Bovada, Harp Media B.V. is claimed to be in violation of Arizona gaming laws, including:
- Promotion of Gambling (Felony) — Ariz. Rev. Stat. Ann. § 13-3303.
- Illegal Control of an Enterprise (Felony) — Ariz. Rev. Stat. Ann. § 13-2312.
- Money Laundering (Felony) — Ariz. Rev. Stat. Ann. § 13-2317.
Harp Media B.V. has been directed to immediately cease all online (or other) gambling operations and activities in Arizona, and take the necessary steps to immediately prevent and exclude Arizona residents from gambling on their websites.
“We are actively monitoring the evolving landscape of online gaming and taking proactive steps like this helps us protect Arizona’s communities and economy from illegal activities,” said Jackie Johnson, Director of the ADG. “Our enforcement team is committed to preventing unauthorized operations from establishing a foothold here. Arizona will not be a safe haven for unlicensed or unlawful gaming, nor will we allow unlawful entities to compromise the integrity of gaming within our state.”
In light of these developments, the Arizona Department of Gaming urges residents to exercise caution with online gaming activities. Only legal, regulated operations provide important consumer protections not found in the illegal market, helping ensure a safer experience for participants. Certain online event wagering is legal in Arizona. A list of all licensed and regulated event wagering operators legally taking bets in Arizona can be found on the Department’s website at gaming.az.gov.
Bettors in Arizona wagered approximately $732 million on sports in September of 2024, according to a new report by the Arizona Department of Gaming. This represents an approximate 20% increase when compared to September of 2023.
The state collected approximately $3.96 million in privilege fees in the month. You can view the full September report on the ADG website: LINK.
Bettors in Arizona wagered approximately $497 million on sports in August of 2024, according to a new report by the Arizona Department of Gaming. This represents an approximate 38.4% increase when compared to August of 2023.
The state collected approximately $2.2 million in privilege fees in the month.
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