The Arizona Cardinals could be the first NFL team to present a retail sportsbook in an NFL stadium. The organization is making way for additional arrangements between sports betting operators and sports groups; however, Arizona bettors can’t get too excited yet. The new sportsbook, brought into the world through an agreement with BetMGM, will not be prepared until the beginning of the 2022-23 NFL season.
Cardinals Get Their Own Sportsbook
Capital One Arena in Washington, DC, was the first setting to open a retail sportsbook in the US. Fans at the Wizards, Capitals and Mystics games have gotten the opportunity to put down bets in the field since it opened a sportsbook in 2020. Be that as it may, the sportsbook, run through DC’s own games wagering activities, has had blended outcomes. Arizona plans on showing DC how it’s done.
The Cardinals game plan is the first run through the NFL. BetMGM announced the plan with the Cardinals and Gila River Hotels and Casinos, and it incorporates a sportsbook at State Farm Stadium in Glendale, AZ, before the start of next season. Michael Bidwill, the owner of the Cardinals, said in an official statement, “This is a tremendous opportunity to build upon our long-standing relationship with Gila River and launch a new one with BetMGM. They are best-in-class partners whose excellence and expertise in this emerging space will provide a new and innovative way to engage and interact with our fans.”
Sports Betting Continues to Advance in the US
Sports betting has become logically routine around the US as constraints are being lifted around the country. As of now, there are 29 states, and the District of Columbia (DC) that have approved laws that allow sports betting. Some are still working on implementing their markets, but, by 2024, there could be in excess of 40 jurisdictions that have launched their own markets. NFL betting promise to give all of them a significant boost.
While access is coming for sports bettors in the US, there are only a couple of spots that have the approval to open sportsbooks at stadiums. Illinois, Arizona and DC are right now included in this list. However, more will come as lawful sports betting extends across the US.
Suns and Cubs Have Arrangements to Introduce Sportsbooks
The Cardinals are in good company with their sportsbook plans. The Phoenix Suns consented to present a sportsbook with FanDuel this year, and plan to have the office functional inside the several years. The Chicago Cubs have also been given the go-ahead to fabricate a two-story complex at Wrigley Field. Both of these, just as the State Farm sportsbook, will expect time to be grown, yet are solid signs of what is coming.
Arizona has a population of around 7.3 million, practically twice that of Nevada. Illinois, for its part, has a population of somewhat more than 12 million and has effectively shown what is conceivable with legal sports betting. Since it launched its market, the state has received $61,461,142 from $393 billion in revenue. Arizona is expected to have strong results when it launches, with analysts anticipating more than $3 billion in yearly bets the first year, with huge development coming in the following years. The first sportsbooks are expected to be able to take wagers as of September 9 of this year, the first day of the new NFL season.