The Allies in Arizona’s Sports Betting Bill

What’s the deal? Arizona is considering a comprehensive sports betting, race track Keno, online fantasy sports bill. The total revenue estimate per year is $42 M, with an 8% tax on new non-tribal gambling profit, which will go to the general fund. Money from a maximum 8% tax on tribal gaming profits goes to special state accounts and local governments.

Why is this important? Red Arizona is a roadmap of a diverse coalition: Tribes, Race Tracks, Professional Sports, but not on board is the Arizona Licensed Beverage Association which says restaurants and bars want a seat at the table to make up pandemic revenue hits.

How will this be important? The robustness of the coalition and the potential to bring the restaurants and bars on board expands your support base.

AP via Lincoln Star Journal | Arizona House panel advances bill allowing sports betting