Bet365 Expands Online Sports Betting Reach to Arizona
Bet365 has made its mark in Arizona’s online sports betting market, marking the operator’s expansion into its ninth US state. With this move, millions of adult Americans now have access to Bet365’s top-tier wagering offerings.
The launch in Arizona was made possible through a partnership agreement with the Ak-Chin Indian Community. This collaboration has allowed the operator to introduce a range of exciting betting options, including pre-event and in-game wagers, same-game parlays, cash-out products, and edit bet options.
In addition to providing its innovative betting products to the state, Bet365 has also committed to donating a million dollars to the tribal organization, supporting local initiatives tied to the Ak-Chin Indian Community.
With Arizona now added to its list of states, Bet365’s sports betting products are now available in a total of nine regions, including Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, Ohio, and Virginia.
The timing of Bet365’s entry into the Arizona market aligns perfectly with the upcoming Super Bowl. According to the American Gaming Association (AGA), the Big Game is anticipated to generate a staggering $23.1 billion in bets from over 68 million Americans.
Members of the Ak-Chin Indian Community expressed their enthusiasm for welcoming Bet365 to Arizona. Robert Miguel, chairman of the tribal organization, spoke highly of the partnership, noting the benefits it will bring to both sports fans and the community as a whole. Miguel also expressed gratitude for Bet365’s substantial contribution to the tribal organization.
A Bet365 spokesperson underscored the significance of the company’s launch in Arizona, acknowledging the state’s dynamic sports scene and its diverse range of professional and college teams.
However, it was noted that despite the positive growth reflected in Bet365’s FY 2022/23 report, the company experienced an increase in operating losses, which offset the rise in revenue. Despite this setback, the expansion into the Arizona market represents a significant milestone for Bet365 as it continues to solidify its presence in the US.