Sports betting and the expansion of gambling are on the agenda for the state of Arizona as the Senate Commerce Committee tabled a bill on Wednesday.
Progress on Sports Betting and Gambling on Senate Committee
Arizona is heading towards a future where regulated sports betting is part of the landscape. The state has passed a law on sports betting, with concessions with the State Tribal Casinos It also opened the floodgates for new tribal casinos to achieve a balance few other states could match.
While other states see tribal casinos and private interest groups arguing, Gov. Doug Ducey Office was quick Negotiate changes to existing tribal contracts so that tribal operators can build an unlimited number of new casinos, including in Phoenix subwayand give the tribes access to populous and central play areas.
As a result, they agreed to allow 10 sports betting licenses issued to professional sports teams from across the state. The other 10 sports betting licenses will go to tribes and may evenly share control of the betting industry. Tribal operators will also be given permission to add more table games to their already extensive lineup, expand their offerings, and remain largely competitive even in a liberalized gambling economy.
The House of Representative Committee has already passed the matter 9-1, but it was that Senate Commerce Committee on Wednesday that secured a 6-3 passage for the bill. While this is exciting news, some lawmakers are still somewhat skeptical of the negotiations.
A few details to clarify with the governor
For starters, not everyone understands how Governor Ducey negotiated a deal that is historically rooted in controversy. Only nine of 90 legislators details were given. However, the bill also aims to authorize fantasy sports as well as keno, and it wants mobile sports betting to be authorized.
The problem, according to some, is that tribes may have been given “Too comfortable” offersThis allows them to expand and build in places that may not be satisfied afterwards. On the other hand, there are also companies.
Sports bar and restaurant entrepreneurs argued that the bidders are likely to get all the benefitstheir facilities would be put on the defensive and likely struggling to survive. Others have raised the issue of being able to have sports teams practice sports bets a clear conflict of interest.
Arizona is the first and only state to actually allow professional sports franchisees to have sports betting as a main part of their legalization efforts. Another cause for concern was the fact that the tribes did not view the matter unanimously, albeit with a majority of 18th out 22nd Tribes for it.
In the meantime, the governor has presented a bill to the media that will allow the tribes to develop their own games of chance. However, nothing is set in stone until that US department of the interior approves the new compact agreements and publishes them in the US Federal Register.
Ducey’s lawyer, Care yearsassured lawmakers that they can request the details of the pacts privately and would get them promptly upon request. Negotiations don’t seem final, but Arizona could see its gambling industry booming anytime soon, despite conscientious objectors.