Fantastic sports competitions to kick off in Arizona on Saturday
Fans of fantastic sports can legally bet on contests starting Saturday in Arizona, a state that was one of the last to allow betting and collecting winnings on the popular online hobby.
The legislation that Governor Doug Ducey signed earlier this year has significantly expanded sports betting in Arizona. Six operators – DraftKings, FanDuel, FFPC, Yahoo, Fantasy Sports Shark and Underdog Sports – have licenses to register players who create their own teams and bet on virtual games.
Legislation signed by Ducey also expanded the type of gambling allowed in tribal casinos and allows tribes and professional sports teams to take bets on sporting events. Players will not be able to make these traditional sports bets online or at team sites until September 9.
The Arizona Department of Gaming on Friday granted licenses to 10 Native American tribes and eight professional sports teams or sites to take online bets. While the tribes could already run sports betting at two dozen casinos under the newly revised state gambling agreements, they needed a license for online sports betting.
Sixteen tribes applied for a license. The gaming department said it was using criteria that included community contributions, regulatory compliance and the ability to operate sports betting within six months to review applicants. He also said he wanted to ensure geographic diversity.
Department Director Ted Vogt said the licensing was the result of a rule-making process with input from the public and others to ensure fairness and fairness for those involved. candidates.
Sports teams and licensed venues may conduct sports betting operations at their respective stadiums, NASCAR racetracks or golf courses, and at an outlet within a quarter mile and online.
Licensees can partner with a third party to develop and manage their sports betting and online presence.
In many ways, online licensing is far more valuable than being able to run a traditional “bookmaker” in a tribal casino or in or near the stadium of a professional sports team. This is because online operations can run around the clock with little overhead and are not limited to players physically present in a location.
The tribal licensees are: Ak-Chin, Fort Mohave, Navajo, Quechan, Tonto Apache, Tohono O’odham, Hualapai, San Juan Southern Paiute, San Carlos Apache and Fort McDowell Yavapai.
Professional sports teams and venues are: Arizona Cardinals, Arizona Diamondbacks, Phoenix Suns, Arizona Coyotes, Phoenix Mercury, TPC Scottsdale, Phoenix Speedway, and Arizona Rattlers.