Turf Paradise and the Future of Online Betting in Arizona

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Transcript

00:00 (upbeat music)

00:03 - All right, over to your favorite, horse racing.

00:05 Let's get into it.

00:06 We've got an update here on Turf Paradise out of Phoenix,

00:10 a place where sports betting has been very popular.

00:13 What do you make of the future here

00:14 as far as getting online?

00:16 - Yeah, so in 2021, when Arizona sports betting

00:23 was kind of sorting itself out

00:26 and everybody was applying for licenses,

00:28 Turf Paradise did apply for an online license back then

00:33 and they were denied because of the way the law was written.

00:37 They were technically not a Arizona-based sports franchise.

00:42 Now, what this bill does is amends that language

00:47 to make it explicitly clear that Turf Paradise

00:52 would be eligible to apply so that should it choose to,

00:56 would be able to apply for an online sports betting license.

01:00 Now, I spoke to the bill sponsor earlier this week

01:05 and it's kind of moved from one committee to another

01:09 that has a bit more bandwidth

01:10 as they're kind of running up against

01:12 the legislative clock, if you will.

01:15 So this other committee has a little bit more bandwidth

01:17 to kind of take this up and move it forward.

01:21 But the bill sponsor did say that he's confident

01:23 that they have the votes to push this along.

01:27 He said that the bill is alive and well.

01:30 So, obviously it remains to be seen,

01:32 but potentially the opportunity for Turf Paradise,

01:36 the horse racing track there in Phoenix,

01:38 to secure itself an online license if they choose.

01:42 And as we know, there's been a fair bit of sort of maneuvering

01:46 with online licenses in Arizona

01:49 with operators coming in, coming out.

01:52 So we'll see how this bill projects here

01:56 over the next couple of weeks.

01:58 (upbeat music)

02:00 [MUSIC]