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Sixteen tribes currently operate 25 casinos across the state. Sports activities betting is predicted to generate about $34.2 million in annual income for the state by fiscal 12 months 2024, based on an evaluation by the Joint Legislative Funds Committee. Half of these licenses are earmarked for the tribes. In contrast, another half will go to professional sports activities franchises in Arizona, as nicely as the operators of sites that host racing occasions or annual Skilled Golf Affiliation occasions, which can permit sportsbooks at TPC Scottsdale which hosts the Waste Administration Phoenix Open, and Phoenix Raceway. Sports activities book licensees can be permitted to offer sports betting online as well. License holders will probably be permitted to operate a sports activities guide inside five blocks of their amenities.
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