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Arizona, It’s Time To Indulge In Some Sports Betting!

Published

3 years ago

July 27, 2021

After the federal ban on sports betting was struck down, states across the US began legalizing sports betting. However, Arizona’s decision to legalize sports betting truly comes as surprising due to various reasons.

Though the momentum kept growing, negotiations between the tribes and the Governor of Arizona didn’t seem like it was working out, especially with the scheduled adjournment date of April 24^th nearing. In addition, there were a lot of controversies surrounding the topic that could have ruined the whole sports betting legislation thing.

Nonetheless, at the last moment, everything fell into place perfectly. An agreement was reached in April 2021 that gave event wagering licenses to both professional sports teams as well as the tribes in the state. Though the decision was made in April, it is expected to launch on September 9, 2021, coinciding with the beginning of the NFL season.

To avoid conflicts down the lane, a draft of rules surrounding sports betting was published by the Arizona Department of Gaming. Then it was left for a public comment period where interested parties could submit their opinions and participate in public discussion periods.

On July 2, the second draft of rules was released, which featured an 8 percent tax rate on retail wagers and 10 percent on mobile bets. It also spoke about the initial license fee that was valued at $850,000. Following this, another public comment and discussion session were held and a separate session for license allocation.

Ultimately, the state representatives approved a bill legalizing sports betting, and Gov. Doug Ducey signed Arizona betting into law this year. Nonetheless, it is to be remembered that Ducey indulged in an array of negotiations with Arizona tribes asking them to include sports betting into their contracts.

If you are interested in learning more, this article will discuss everything you need to know about the approaching launch of legal sports betting in Arizona.

What Did Arizona’s Path to Legal Sports Betting Look Like?

Regardless of the state, the road to legalizing sports betting is a tough one filled with challenges both anticipated and unforeseen. The case of Arizona was no different. There was even an instance when a mere typo almost wrecked the entire effort put towards legalization. In the next section, let’s look at how Arizona got from negotiation to complete legalization.

The idea of legalizing sports betting was born in 2019. However, the support it received was minimal, and with the opposition from the tribes, the efforts didn’t get anywhere. Post-PASPA, most betting enthusiasts were sure that sports betting legalization would come to Arizona at some point. Nonetheless, there didn’t seem to be a lot of urgencies, especially from the tribe. The tribes were happy with their existing operations as they didn’t want any competition for the profits they could earn in the state.

When Will Sports Betting Launch in Arizona?

Sports betting was signed into law, but when will it finally launch? The simple answer to this question is on September 9^th, 2021. Officials repeatedly declared the date as the target “go-live” date. What’s more, this date will coincide with the first game of the NFL 2021 season. A few states took more than a year to come up with and then finalize the rules supervising sports betting. On the other hand, other states took just a few months. However, thanks to the

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Betmotion leads campaign to aid victims of the Rio Grande do Sul floods

Published

6 hours ago

May 8, 2024

Adrienn Sarkany

In response to the recent and devastating floods in Rio Grande do Sul, which have displaced over 100,000 people and severely affected 70% of the state’s municipalities, Betmotion, through its Corporate Social Responsibility project, BetSocial, is mobilising efforts to assist the victims of this catastrophe.

BetSocial has launched an initiative to support the actions of the NGOs Ação da Cidadania and CUFA, which are leading the charge in providing immediate aid to the impacted communities. At this critical moment, BetSocial is reinforcing the call for everyone to unite in solidarity and make donations that will be crucial for reconstructing affected lives.

“The tragedy that has struck Rio Grande do Sul requires a swift and coordinated response. At Betmotion, we believe in the power of solidarity and in our community’s ability to make a difference in times of need,” states Bianca Passos, founding member of BetSocial. “Every contribution, no matter how small, has a significant impact on the lives of those facing such difficult days.”

To facilitate donations, BetSocial has provided information on how to make contributions via PIX to the two partner organisations:

Ação da Cidadania: [email protected]
CUFA: [email protected]

Betmotion and BetSocial thank you in advance for your support and solidarity. They reiterate their commitment to work to alleviate the hardships faced by this catastrophe’s victims and continue promoting significant social impact actions.

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NBC Sports and Churchill Downs Extend Historic Partnership

Published

11 hours ago

May 8, 2024

Niji Narayan

NBC Sports will continue to present the Kentucky Derby on NBC and Peacock through 2032, as Churchill Downs Incorporated (CDI) and NBC Sports announced a multi-year extension of their partnership.

The extension of the NBC Sports-Churchill Downs relationship – which began with the 2001 “Run for the Roses” – will make NBC the longest running home of the Kentucky Derby, as NBCUniversal will become the first media company to present the most prestigious event in horse racing for three decades (32 editions of the Kentucky Derby from 2001-32).

“As we celebrate the 150th running of the Kentucky Derby, Churchill Downs is proud to extend the relationship with NBC Sports. As our media partner for the last 23 years, NBC has artfully captured the most exciting two minutes in sports and the spectacle of the senses that surrounds it,” said Churchill Downs CEO Bill Carstanjen.

“Telling the rich stories surrounding the Kentucky Derby on the first Saturday in May is part of the fabric of NBC Sports, and we are thrilled to continue that tradition with Churchill Downs. We look forward to surrounding the Kentucky Oaks and Kentucky Derby with wall-to-wall coverage and extensive promotion on the platforms of NBCUniversal,” said Rick Cordella, President of NBC Sports.

The extension includes multiplatform rights to the Kentucky Derby, Kentucky Oaks, and Derby and Oaks Day programming, which will be presented on NBC, Peacock, USA Network, and additional NBCU platforms.

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SCCG Management Announces Strategic Partnership with Globe Gaming Limited

Published

11 hours ago

May 8, 2024

Niji Narayan

SCCG Management announced a strategic partnership with Globe Gaming Limited, aiming to significantly extend its global reach with a focus on the European market. This collaboration marks a significant milestone in SCCG’s efforts to broaden its influence in the gaming and sports entertainment sectors internationally.

Founded in 2022 by industry veteran Wayne Stevenson, Globe Gaming is a consultancy known for its high-caliber partnerships across various sectors including retail gaming, online gaming, racecourses, lotteries, and football clubs. With 35 years of experience, Stevenson has cultivated a valuable network that enhances business relationships and drives value in the European and global markets.

Wayne Stevenson, Founder and CEO of Globe Gaming, said: “I am delighted to be working with Stephen and his SCCG Management team. I consider SCCG to be the leading advisory firm in the world and to be working in partnership with them is incredibly exciting. Combining the expertise of Globe Gaming and SCCG Management creates endless opportunities.”

Stephen Crystal, Founder and CEO of SCCG Management, said: “Our collaboration with Globe Gaming Limited is a strategic step towards enhancing our global presence, particularly in Europe. Wayne’s extensive experience and his network’s strength align perfectly with our mission to innovate and lead in the gaming industry. We are excited about the possibilities this partnership opens up for both companies.”