NASCAR has proven to be one of the more progressive sports leagues in terms of sports betting. It can possess two sports betting licenses in Virginia and is also eligible to acquire another sportsbook license in Arizona.

Thanks to the sport betting law passed in April 2021, Phoenix Raceway in Avondale, Arizona, qualifies for one of the ten commercial sports betting licenses in the state. If awarded, NASCAR’s Phoenix Speedway could establish a physical casino at its racetrack and launch an online sportsbook app for Arizona residents.

Phoenix Raceway Sportsbook: What to Expect

In contrast to other collaborations in Arizona involving professional sports teams, venues, and sportsbooks, NASCAR has painted a clear picture of what we can anticipate from a NASCAR sportsbook at Phoenix Raceway.

WynnBet runs its online betting app in Virginia through the use of a sports betting license from Martinsville Speedway. Currently, Virginia does not provide wholesale sports betting. Furthermore, NASCAR and WynnBet have no immediate plans to set up retail sportsbooks in Martinsville and Richmond.

Instead, WynnBet lounges are currently under construction at the tracks, intended solely for the use of WynnBet Sportsbook customers. The Phoenix Raceway’s somewhat secluded location near the airport and its limited race days likely reduce concerns about building a year-round accessible retail sportsbook. Instead, the betting lounge will serve as a marketing tool and a venue for converting new customers to the app partnered with Phoenix Raceway.

Which betting in Arizona may accept NASCAR?

As previously stated, Wynn, a sportsbook company, has a setup in Virginia that closely resembles what will be available in Arizona. There’s no reason to suggest that Wynn will leverage NASCAR as an entry point into Arizona if he plans to establish a presence there.

The partnership between the two groups was formally announced in November 2020, shortly after a sports betting referendum was approved by Virginia voters.

“Tim Clark, the Senior Vice President and Chief Digital Officer of NASCAR, expressed his excitement about partnering with a highly skilled and creative team with the aim of enhancing engagement and broadening our sports betting offerings. He stated that this new collaboration further solidifies NASCAR’s standing in the rapidly evolving gaming industry, while also providing fans with an additional tool for live-in race engagement. Clark acknowledged Wynn as a trusted and iconic brand.”

While Wynn might appear to be the clear option, NASCAR’s gaming partners extend beyond JustBet. It has also joined forces with MGM and Penn National (Barstool), both of which are businesses aiming to broaden their reach in Arizona.

WynnBet may be leading the race at the moment, but they’re not the only potential betting partner with Phoenix Raceway in sight. Pardon the pun.