Connect with us
European Gaming Congress 2024

Arizona Department of Gaming

PointsBet: Arizona Market Access Update

Published

on

 

PointsBet Holdings Limited has announced that Cliff Castle Casino Hotel, a Subordinate Economic Organization of the federally recognized Yavapai-Apache Nation (Cliff Castle), with whom its wholly-owned subsidiary PointsBet Arizona LLC had entered into an agreement to pursue online sports betting market access in Arizona, did not receive a sports betting license awarded by the Arizona Department of Gaming (the ADG) on Friday, 27 August 2021.

Online sports betting was legalized by Arizona Gov. Doug Ducey in April 2021, allowing for up to 20 sports betting licenses (10 for professional sports teams and 10 for tribes in Arizona).

The ADG has not provided any further information as to why Cliff Castle was not selected. Whilst disappointed that Cliff Castle was not awarded a license, PointsBet continues to assess market access opportunities in Arizona.

Continue Reading
Advertisement

ADG

Arizona Department of Gaming Reports $43.6 Million in Tribal Gaming Contributions for the Fourth Quarter of Fiscal Year 2024

Published

on

arizona-department-of-gaming-reports-$43.6-million-in-tribal-gaming-contributions-for-the-fourth-quarter-of-fiscal-year-2024

 

The Arizona Department of Gaming (ADG) announced today $43,586,004 in tribal gaming contributions to the Arizona Benefits Fund for the fourth quarter of Fiscal Year (FY) 2024. This amount represents an approximate 3.3 percent increase when compared to the same quarter of FY 2023.

“Celebrating yet another remarkable milestone in tribal gaming, we are thrilled to announce that Arizona has witnessed yet another record-breaking year,” said Jackie Johnson, Cabinet Executive Officer, ADG. “With a record contribution of $157.2 million to the Arizona Benefits Fund, our tribal partners have once again demonstrated their unwavering commitment to the prosperity of our state and local communities. We extend our heartfelt gratitude to our tribal partners for their continued dedication and collaboration.”

The Arizona Benefits Fund receives 88 percent of tribal gaming contributions, providing significant dollars to support instructional improvement in schools, trauma and emergency care, tourism, and wildlife conservation throughout the state.

Tribal gaming contributions to the Arizona Benefits Fund for the 4th quarter of the State’s FY 2024 are as follows:

Advertisement
Stake.com
Instructional Improvement Fund/Education ………………………………………………….. $22,474,451
Trauma and Emergency Services Fund ………………………………………………………….. $10,861,632
Arizona Department of Gaming operating costs ………………………………………………. $3,308,133
Arizona Wildlife Conservation Fund ……………………………………………………………….. $3,103,324
Tourism Fund ………………………………………………………………………………………………. $3,103,324
Problem Gambling Education, Treatment and Prevention …………………………………… $735,140

FY 2024 Qtr 4 Total: Tribal Gaming Contributions to the Arizona Benefits Fund….. $43,586,004

 

Per the Arizona Tribal-State Gaming Compacts, tribes with casinos also contribute a percentage of their Class III gross gaming revenue to cities, towns, and counties. Total tribal contributions to the Arizona Benefits Fund in addition to cities, towns, and counties in the state has amounted to over $2.2 billion since FY 2004. Currently, there are 25 Class III casinos in Arizona, which ADG regulates in partnership with Arizona tribes.

Continue Reading

Arizona

Arizona Department of Gaming to Accept Applications for Event Wagering Licenses

Published

on

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

 

he Arizona Department of Gaming (ADG) is pleased to announce that it will begin accepting applications for event wagering licenses in July. Pursuant to A.R.S. § 5-1304 and A.A.C. R19-4-105 and 106, ADG 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, as defined in A.R.S. § 5-1301(7).

Prospective applicants are encouraged to review the provided materials on ADG’s website carefully to understand the application process and requirements.

The application window for event wagering licenses will open on July 8, 2024, and will close on July 19, 2024 at 5 PM. 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.

Interested parties are encouraged to visit ADG’s website for detailed information on eligibility requirements, application procedures, and relevant timelines.

Advertisement
Stake.com
Continue Reading

Arizona Department of Gaming

Arizona Department of Gaming Releases April Sports Betting Figures

Published

on

arizona-department-of-gaming-releases-april-sports-betting-figures

Bettors in Arizona wagered approximately $656.3 million on sports in April of 2024, according to a new report by the Arizona Department of Gaming. This represents an approximate 22.5% increase when compared to April of 2023.

Continue Reading

Trending