A tribal casino operator, the Yavapai-Apache Nation, appears in on applying for an AZ sports betting license, putting Arizona on pace to join the fray of markets where the Australian gambling company is operational.
The industry is shaping up to be competitive with last regulations on the horizon. However, it is not entirely improbable that PointsBet does need to come up with a different strategy to enter the position.
A PointsBet Arizona offer
Cliff Castle Casino Hotel near Camp Verde is potentially providing licensure here for PointsBet Arizona. According to a press release from PointsBet, the Yavapai-Apache Nation will apply for one of 10 licenses allocated for Arizona tribal casino operators.
According to Aaron Moss, general manager for Cliff Castle, & ldquo, Cliff castle Casino Hotel, and PointsBet are eager to collaborate and start our process of providing event wagering in the state of Arizona.
Due to their expertise and reputation, & ldquo, PointsBet & rsquo is the ideal candidate for obtaining a license to wager on events. Cliff Castle is now able to collaborate with PointsBet & rsquo, a truly top-notch brand and product that we are thrilled to eventually assist in introducing to the Arizona market. & rdquo,
Online sports betting and a physical casino at the Cliff Castle Casino Hotel are good to be included in the agreement. The physical sportsbook will likely be branded with PointsBet & rsquo. It is unclear where the text will be kept on the home.
Licenses for cultural sports betting at a superior in Arizona
If everything goes according to plan, Arizona will be the 16th US jurisdiction for PointsBet. The Yavapai-Apache is the second AZ gambling compact holder to make a deal with a sportsbook. The first was the San Carlos Apache Tribe with WynnBet Sportsbook.
Two of the ten certificates could therefore be invalid. However, it & rsquo does not guarantee that either casino operator will obtain a license. However, these collaborations might be beneficial.
& ldquo, PointsBet, and our partners at Cliff Castle are pleased to start the process of introducing our unique sports betting product and cutting-edge technology to fans throughout Arizona, according to Johnny Aitken, the CEO of pointsbet USA.
& ldquo, We welcome the chance to quickly and appropriately offer potential sports bettors to the customer-focused, market-leading PointsBet experience. Our proprietary technology platform, unmatched speed, ease of use, and extensive selection of the most betting options available will help to improve the business. & rdquo,
How PointsBet might assist with certification
The latest addition to the proposed rules from the Arizona Department of Gamingincludes protocols for allocating licenses. It details how the department will award licenses if there are more eligible applicants than available licenses.
In that regard, experience will count. That’s where having a partnership with a sportsbook can aid this cause greatly. PointsBet not only operates in 15 other US jurisdictions but also around the globe. Thus, the Yavapai-Apache application could grade higher on experience should it have to compete for a license.
However, PointsBet might also be around peering in if the Yavapai-Apac application is rejected. PointsBet might attempt to enter into a deal with another ethnic organization or an Arizona sporting facility, like the Arizona Cardinals or Arizona Coyotes. However, it’s possible that those owners already have those collaborations in place.
The state continues to set September 9 as the go-live time. Therefore, the occasion needed for PointsBet to tilt might not be very long. The futures of the two businesses are now intertwined.
The Yavapai – Apache Nation must obtain a permit before PointsBet can take advantage of that opportunity. Additionally, supporting PointsBet may increase the likelihood of that.