Arizona Department of Gaming To Accept Applications For Sports Betting Licenses
Arizona Department of Gaming To Accept Applications For Sports Betting Licenses

The Arizona Department of Gaming announced Friday it will be accepting applications for sports betting licenses from July 8-19, offering the potential of moving closer to its maximum allotted 20.

There are currently 17 licenses active in the Grand Canyon State, eight tethered to what the state agency calls “Arizona Sports Franchises” and nine to “Arizona Tribes.” The Arizona Department of Gaming stated it 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” in its release.

Arizona is coming off a record monthly handle of $760 million for March as it became the ninth state to surpass $16 billion all-time. March’s handle came within $25.5 million of neighboring Nevada for sixth nationally, showing Arizona’s vast wagering reach through sports betting apps.

The state typically generates 99% of its total handle via mobile wagering and has cleared $700 million in handle three of the last five months.

Will There Be Any Takers?

  
Read Full Article