Sports Betting | SportsBettingInArizona.com https://www.sportsbettinginarizona.com Tue, 08 Dec 2020 17:01:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 https://www.sportsbettinginarizona.com/wp-content/uploads/2020/11/favicon-1.png Sports Betting | SportsBettingInArizona.com https://www.sportsbettinginarizona.com 32 32 Arizona Senate Postpones Sports Betting Bill Debate https://www.sportsbettinginarizona.com/arizona-senate-postpones-sports-betting-bill-debate.html https://www.sportsbettinginarizona.com/arizona-senate-postpones-sports-betting-bill-debate.html#respond Tue, 12 Feb 2019 16:39:16 +0000 https://www.sportsbettinginarizona.com/?p=123 Phoenix – The debate for Senate Bill 1158, the one that would authorize sports wagering in Arizona, has been postponed by the Senate. On Thursday, the legislators determined revisions and amendments were needed on the bill before any vote could be held. The bill was sponsored by Republican Senator Sonny Borrelli who gave his bill ... Read more

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Phoenix – The debate for Senate Bill 1158, the one that would authorize sports wagering in Arizona, has been postponed by the Senate. On Thursday, the legislators determined revisions and amendments were needed on the bill before any vote could be held.

The bill was sponsored by Republican Senator Sonny Borrelli who gave his bill 80% odds of becoming law. But the next date of review has yet to be determined. As written, it would allow for sports gambling at local bars, tribal casinos, and other businesses, including off-track locations.

“I have to take the emergency clause off the bill to give the Department of Gaming enough time to come up with the rules to implement this game”

The emergency clause was put on the bill with the hopes of expediting the legalization process. It would have required a two-thirds vote from both the Senate and House as well as the governor’s signature. Upon Governor Doug Ducey agreeing to the terms, the bill would have become immediately effective.

Now, the vote only requires a majority in both houses but would have to wait 90 days after the end of the session to be enacted.

The two dozen tribal casinos in the state, operated by 16 different Arizona tribes, would see that same tax rate and agreements in their current compact. Borrelli’s bill does not modify the tribal compact but would count sports betting kiosks the same as the slot machine.

According to the Arizona Department of Gaming, the tribes currently have 15,000 machines in operation but are granted the ability to operate 18,158. The extra near 3,000 sports betting kiosks would allow for the tribes to provide many more tax contributions to the state. They are currently taxed at 1-8% on gaming revenue and the bill would keep everything status quo, as sports betting in Arizona would be taxed at 6.75%.

The post Arizona Senate Postpones Sports Betting Bill Debate first appeared on SportsBettingInArizona.com.]]> https://www.sportsbettinginarizona.com/arizona-senate-postpones-sports-betting-bill-debate.html/feed 0 NFL’s Stance On Sports Betting https://www.sportsbettinginarizona.com/nfl-stance-on-sports-betting.html https://www.sportsbettinginarizona.com/nfl-stance-on-sports-betting.html#respond Thu, 11 May 2017 16:45:44 +0000 https://www.sportsbettinginarizona.com/?p=135 New York, NY - The NFL’s stance on sports betting has been set in stone for years now but with the announcement that the Oakland Raiders will be moving to Las Vegas, has people wondering if they are going to change that stance. Other leagues like the NBA and NHL, who just launched a new ... Read more

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New York, NY - The NFL’s stance on sports betting has been set in stone for years now but with the announcement that the Oakland Raiders will be moving to Las Vegas, has people wondering if they are going to change that stance. Other leagues like the NBA and NHL, who just launched a new franchise in Vegas called the Las Vegas Golden Knights, have really loosened up on the gambling topic but the NFL has yet to give any other indicators that it is warming up to the idea.

An interesting fact about the NFL and gambling on sports that most may not know is that the league actually fines league personnel that make paid appearances at casinos. This is still the case even though the owners of NFL teams make millions of dollars from sponsorships from casinos, or lotteries, and don’t forget about their deals with daily fantasy sports sites. Not to mention the new trend of providing NFL games overseas in London, where sports gambling is legal.

NFL Arm Wrestling Update

This topic has picked up even more juice as of late after several NFL athletes were discovered to have played part in an arm wrestling competition at the MGM Hotel and Casino in Las Vegas, Nevada. The leagues are currently reviewing the situation and considering whether or not said players will receive a fine or not.

Scott Rosner, a professor of sports law and business at the University of Pennsylvania, touched on the subject asking “How can you have a franchise there and not allow players to participate in arm wrestling contests?” He then went on to explain “When you get into the weeds, the policies may not be as inconsistent as they seem, but the optics are that the league is very inconsistent on this.”

Future of Sports Betting in the NFL

While many are questioning what the NFL’s real intentions are with sports betting, the fact of the matter is that the league has until 2019 to revise their rules before the Raiders are actually in Vegas. They should take that time to understand that the times are changing and allowing gambling in sports isn’t as dangerous as it once was thought to be.

The NFL doesn’t have to rush with their decisions but there is no debating the money that could be brought in if they do change their mind on the matter. If this does happen the smartest move for the NFL would be to push congress to implement a sports wagering policy that applies to not only to Arizona sports betting but to the entire country, as opposed to the current state by state laws.

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