Sports betting is making giant strides in Arizona right on cue as the NFL season is about to kick off. Recently, the federal authorities in Arizona approved the state’s new tribal gaming concept. This indicates good news for both the state and betting enthusiasts as the development will incur huge revenue generation.
Jeff Weninger (State Rep.) sponsored the bill initially and stated that the approval came in sooner than he expected. The U.S Department of the Interior accepted the tribal deal, authorizing a widespread expansion of online betting and legal gambling in Arizona.
Jeff expressed his delight through his Twitter handle, where he announced the deal’s completion. As per his tweet, the deal will generate tax revenue, help communities, and draw visitors to the state.
New casino games might start flowing soon, but given their complexity, sports betting might take some time. The Arizona Department of Gaming will write rules, process applications, and perform background checks before commencing the community. However, Jeff believes that the August end of September start might see the development kick-off.
Doug Ducey (Arizona Gov.) signed the compact and subsidiary legislation back in April. The approval does not merely affect sports betting as it also allows Native American tribes to spread their sports & fantasy betting and casino gambling proceedings.
With the 2021 NFL season starting on September 9, every sports betting enthusiast is keeping an eye on the proceedings. Other than reservation casinos, sports groups can offer wagering on different sports events. Fantasy sports like DraftKings can earn significant money from licensing alone.
Two Arizona teams have alrEAdy indulged in a gambling partnership after the development. They are:
- Phoenix Suns’s patterning with FanDuel
- Caesars Entertainment collaborating with Arizona Diamondbacks
DraftKings and PGA Tour are also eyeing to launch a sportsbook at the TPC Scottsdale. The sports betting community has massively gained from the quick approval. Games like craps and Baccarat will help tribal communities expand their proceedings throughout the state. Plus they can maintain their offers on poker and blackjack while increasing the slot machines.
The approval marked an end to the five-year-long dispute, and for good,Suns’ it seems.
What transpired five years ago with tribal communities and the Arizona state was recently wrapped up on a happy note. Doug Ducey (Arizona Gov.) approved the tribal gaming concept introduced by Jeff Weninger (State Rep.). The approval was quicker than expected, and it is expected to help both state and the tribal communities. With the NFL season on its way, everyone is keeping tabs on the state’s rules regarding sports betting.