Arizona will soon open its sports betting license application window.
Key Takeaways
- Arizona authorized 20 event wagering licenses in 2021.
- The state periodically opens its application window when license become available.
- Arizona will accept at least one license application from a tribal partner and at least one application from a professional sports franchise partner.
Arizona allocated 20 event wagering licenses when it legalized sports betting in 2021. Ten are allocated to operators partnered with state tribes. The other 10 are reserved for operators with an Arizona sports franchise partner.
The state periodically accepts applications when license slots become available. The state last opened its window in 2024. This year’s window will open June 26 and close July 10.
Enjoying Covers content? Add us as a preferred source on your Google account“As the state regulator, we remain dedicated to consumer protection and a thorough licensing review process,” said Cliff Holden, the Department of Gaming’s assistant director of certification and licensing. “We look forward to receiving new applications for regulated event wagering.”
Current landscape
Arizona currently has 14 event wagering licensees. The state has lost several licensees amid broader industry consolidation and sportsbook closures. Companies such as Betfred, SuperBook Sports, Betway, Fubo Sportsbooks, TwinSpires, Unibet, and WynnBet ceased operations in Arizona - as well as in other parts of the country.
SaharaBets ceased operations in the state after it lost its sports franchise partner when the NHL’s Arizona Coyotes moved to Utah.
Arizona's list of approved operators already includes major sportsbooks such as DraftKings, FanDuel, BetMGM, Caesars, bet365, and Fanatics. The market also faces broader industry challenges, including the rise of prediction markets, which could affect opportunities for new entrants.
Arizona sports betting has been lucrative for the Grand Canyon State. Bettors have wagered $33.9 billion since the launch of legal event wagering and sports betting, generating roughly $179.9 million in fees for the state. In 2025, Arizona betting revenue topped $713 million. Its sports betting handle is the sixth largest among U.S. states.
