The 18th online sportsbook in Arizona officially opened its virtual doors to the public on Monday, with UK betting giant Bet365 Arizona launching operations just over five months after getting licensed to operate in the Grand Canyon State. Bet365 Arizona officially replaces Fubo Sportsbook as the online sports betting partner of the Ak-Chin Indian Community, which lost their interactive wagering pact after the online startup closed in October of 2022.
In a company statement released in conjunction with the betting conglomerate’s Arizona launch, company representatives called the 48th State a golden opportunity, with more than $13.5 billion wagered and $639 million in gaming revenue raked in since the market launched in September of 2021.
“Like bet365, the Arizona sporting scene is Never Ordinary and boasts several professional and college teams, earth-shaking, fan-favorite moments, and exhilarating championship events,” a bet365 spokesperson said in the press release. “Just in time for the Big Game, sports fans in the Grand Canyon State can enjoy the bet365 experience featuring market leading offerings like amazing Bet Boosts, the fastest In-Game product, and Same Game Parlays.”
How Bet365 Got To Arizona
Bet365’s launch in Arizona comes more than five months after the Arizona Department of Gaming granted the company an online sports betting license in late August. The announcement on Aug. 28 that Bet365 would be the lone Arizona sports betting applicant to receive a license in 2023 came just under a year after Fubo Sportsbook wound down their wagering operation, leaving the Ak-Chin Indian Community without a partner and the state with nine of the 10 originally licensed tribes having access to the interactive wagering market.
That hole closed in late August when Bet365 was licensed by the ADG, giving the Valley area tribe another online sports betting partner to go with their retail pact with Caesars Sportsbook Arizona, who operates its Harrah’s Ak-Chin Hotel and Casino property.
“We are excited to partner with bet365, and appreciate its charitable contribution to the Community and vital services for Ak-Chin Members,” said Chairman Robert Miguel of the Ak-Chin Indian Community. “We will be able to provide our customers a premier gaming experience – no matter whether they visit our Harrah’s Ak-Chin Hotel & Casino or visit our online sportsbook in partnership with bet365.”
With north of $13B wagered and four operators having exceeded a billion in total handle in the 27 months that the ADG has reported to date, there’s a reason why newcomers are still flocking to the Arizona sports betting scene at the moment.
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