Arizona Signs Official Betting Partnership With DraftKings

Official betting partnerships are a growing industry trend. These relationships provide a unique opportunity for industry heavyweights to work together and achieve more than they could individually. The partnerships aren’t one-off deals, but vast portfolios of ongoing relationships. DraftKings, for example, has signed a broad range of deals and expanded its presence across multiple states.

Unlike other states, which have taken up to a year before launching sports betting, Iowa was first to open its market in August. Other states have taken six months to a year, and some have taken longer. The state’s governor, Kim Reynolds, signed SF 617 (the state’s legislation allowing sports betting) in January, but it took nearly three months to open the market.

In Arizona, sports betting is legal. The state’s Division of Racing, under the Arizona Department of Gaming, has regulated betting on horse races. Horse racing betting is legal at racetracks and some off-track betting locations, and advance-deposit betting is permitted. There are currently 18 legal sportsbooks in Arizona. Arizona’s two stadiums are home to two sportsbooks. The state’s sports betting industry is a fast-growing one, with many people gaining access to sports betting.

The Diamondbacks, who have been based in Phoenix since 1998, are the only MLB team in the state. They won the World Series in 2001 in their fourth season, setting a record for the quickest World Series victory in MLB history. The team has partnered with Caesars Sportsbook and has opened a retail location at Chase Field. MLB betting in Arizona is a great opportunity for sports enthusiasts who live in the state.