Penn National and FanDuel Approved in Arizona
Sports bettors in Arizona are set to have more options at their disposal. This is after Penn National Gaming and FanDuel received the nod from the state to launch sports betting services. Penn National is set to focus on sports betting only while FanDuel will add daily fantasy sports to sports betting.
Penn National and FanDuel Prepare to Enter Arizona
Penn National Gaming is set to enter Arizona through a partnership with Phoenix Raceway. The gaming company will launch its Barstool Sportsbook online first. It then plans on establishing a physical sportsbook to the raceway later on.
FanDuel will launch in the state after receiving the green light to offer two services. That is daily fantasy sports and sports betting. The brand will enter the sports betting space in collaboration with NBA’s Phoenix Suns. This team is the official sportsbook operator while FanDuel is the designee.
There are also plans to set up sports betting kiosks by FanDuel at Arizona Diamondbacks home stadium, Chase Field. FanDuel will also have a sportsbook at the Footprint Center. This is the home of the Phoenix Suns. Reports indicate the sportsbook is about 80% complete. FanDuel was also on track to launch daily fantasy sports in the state on August 28, 2021.
Penn National and FanDuel are hopeful of launching operations by September 9. This will also be the same day the NFL regular season starts. The regulator is also set to announce the approvals of other applications within the next week or so.
BetMGM and Caesars Entertainment Among Other Top Operators Yet to Receive a Nod
A partnership with TPC Scottsdale and the PGA is yet to see DraftKings get a green light from the state. Phoenix Mercury from the WNBA partnered with Bally’s while Caesars Entertainment collaborated with Diamondbacks. BetMGM is the other top sports organization to apply for a license in conjunction with NFL’s Arizona Cardinals.
According to gambling regulations in Arizona, the Arizona Department of Gaming can only issue ten licenses to pro sports organizations. Another ten licenses will go to the state tribes. But reports indicate one of the sports organizations’ applications didn’t meet the terms. The ADG remains tight-lipped on the specific franchise. But Sports Handle reported none of the four top sports organizations is the victim nor the NASCAR or the PGA.
The Arizona Coyotes are yet to reveal their sports wagering partner. That significantly reduced the possible options of the rejected application. The NHL team is still riding on a Glendale lease. But it appears this will not be the case moving forward. Glendale revealed it won’t extend its partnership with the Coyotes with the team reported to be interested in remaining local.
The ADG said all approved franchises would receive notification of approval last Friday. That means the rejected application will be clear. Although the regulator may not disclose the reasons for the rejection. But approved operators should have enough time to prepare for the start of the NFL season.
The ADG is also set to announce the approved tribes. PointsBet is already on the frontline powered by a collaboration with Yavapai-Apache Nation. At least 16 tribes submitted their applications.
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