Arizona to Become the Next Online Betting State in The US
Back in May 2018, the state of New Jersey finally legalized online sports betting activities within its borders. Three years passed since the US Supreme Court decided to strike down that federal ban. This allowed US states to legalize online sports betting activities if they want and as expected, many states followed the footsteps of New Jersey. In the state of Arkansas, retail sports betting was legalized on the 1st of July 2019 with the Saracen Casino Resort and Oaklawn Racing Casino Resort offering sports betting activities.
The state of Colorado also has a fully regulated sports betting industry with the very first retail and online sports betting wagers accepted in 2020. Today, Colorado has one of the most thriving sports betting markets in the USA with major operators operational there including BetRivers, BetMGM, FanDuel, and DraftKings. In the state of Delaware, retail sports betting activities are legal.
The state of Illinois also has a thriving sports betting market. In the state, betting was launched on the 9th of March of 2020 while online sports betting activities launched that same year in June. Today, the state of Illinois is one of the major players in the United States sports betting industry alongside Colorado, New Jersey, Indiana, Nevada, and Pennsylvania.
In Indiana, sports betting activities were launched on the 1st of September in 2019 with all major iGaming operators including DraftKings and FanDuel operational here. In Iowa, the very first sports wagers were accepted on the 15th of August of 2019. On the 11th of March in 2020, residents of Michigan placed the very first sports wagers. In the state of Mississippi, retail sports betting sites opened their doors on the 1st of August 2018 while Montana started taking sports wagers in March last year.
Nevada has one of the most thriving sports betting markets in the country with both retail and online sports betting activities legalized. In New Hampshire, sports betting activities are legal but only one iGaming operator is operational. In New Mexico, retail sports betting activities are legal and the same is true for the state of New York. Speaking of New York, online sports betting activities will probably launch in 2022. Other states in which retail or online sports betting activities are legal are North Carolina, Oregon, Rhode Island, Tennessee, Virginia, Washington, and West Virginia.
Arizona Passed an Online Sports Betting Bill
Several states including the state of Arizona have already made some progress towards legalizing sports betting activities within their borders including Connecticut, Florida, Louisiana, Maryland, Nebraska, South Dakota, Wisconsin, and Wyoming. Back in April of this year, Arizona passed online sports betting bill and an official launch is scheduled for the 9th of September before the NFL season kicks off. Residents of Arizona should already start looking into free parlay picks and prepare before FanDuel, DraftKings, and PointsBet among several other bookies open their virtual doors here.
Before the state’s Governor Ducey, who was previously up for a Senate spot, approved the sports betting bill, he negotiated with several tribes that already operate gambling establishments to include sports betting in their new contracts. The state’s Department of Gaming has already released a series of rules that sports betting operators and all other interested parties will have to follow. On the 2nd of July, the Department of Gaming released another set of rules that included a 10% tax rate on mobile bets and an 8% tax rate on retail bets. The second set of rules also revealed that initial licensing fees will be $850,000.
In addition to sports betting, keno and daily fantasy sports activities have also become legal and this paved the way for around twenty sportsbook operators that already operated in other states. In July, PointsBet signed a business deal with the Yavapi-Apache Nation, and that same month Barstool Sportsbook signed a business deal with Phoenix Raceway. The Tonto Apache Tribe partnered with TwinSpires. FanDuel, DraftKings, and WynnBet will also launch their sports betting sites in the state on the 9th of September.