Arizona Will License Sport Betting at Stadiums
Sports Betting on the horizon in Arizona, has professional sports franchises preparing for that startup later this year.
Caesars Entertainment, which acquired the William Hill franchise in Nevada, announced recently that it is partnering with the Arizona Diamondbacks of Major League Baseball to place a sportsbook, sports bar and a broadcast studio at the location formerly known as Game 7 Grill on the Plaza at Chase Field, the Diamondbacks’ home stadium. The deal additionally enables Caesars/William Hill to provide mobile wagering within the state.
The Arizona Sports Betting deal has spurred conversation about whether stadium sportsbooks should be considered in Nevada.
It hasn’t been brought up as a proposal by anybody, but that doesn’t mean that couldn’t happen at some point. One of the problems from the beginning was, after determining, that Allegiant Stadium was going to be neutral ground for sports wagering and it was written into the original agreement that there won’t be gambling devices installed on stadium property.
Nevada has several sportsbooks close to Allegiant Stadium. Mandalay Bay and Luxor have their BetMGM books in those casinos.
New York-New York and Park MGM are next door to T-Mobile Arena where the NHL’s Vegas Golden Knights play. Red Rock Resort is near Las Vegas Ballpark, home of Triple-A baseball’s Aviators.
What could change this and create Stadium Sports Betting? Possibly new sports wagering legislation in California. If California’s NFL teams — the Rams, Chargers and 49ers — could create a financial advantage over the Raiders with an in-stadium sportsbook sponsorship, there could be a conversation about evening the playing field.
Right now, that looks highly unlikely, a "Long Shot." Maybe.......
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