Operators there doled out $20.9 million in promotional credits in January, meaning the state taxed just $19.6 million in gross even receipts, which created just $2 million in revenue for state coffers.<\/strong><\/p>\nStill, it\u2019s clear Arizona\u2019s sports wagering market, which allows participation from commercial and tribal operators, is vibrant and rapidly expanding. Eighteen of 20 related licenses are accounted for, and there is one mobile app from a tribal gaming entity that\u2019s awaiting launch.<\/p>\n","protected":false},"excerpt":{"rendered":"
Some familiar names are pacing the field in the rapidly growing regulated sports wagering market in Arizona. DraftKings (NASDAQ:DKNG) and FanDuel, which along with BetMGM, usually control the top three spots in the states in which they offer online sportsbooks, are leading the way in the southwestern state. Regulated sports wagering launched in Arizona last […]<\/p>\n","protected":false},"author":46,"featured_media":207767,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33810,1074],"tags":[],"acf":[],"yoast_head":"\n
Sports Betting In Arizona Is Quickly Proving Successful<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n