Fanatics Sportsbook Continues Expansion with Arizona Market Entry
Fanatics Betting and Gaming has unveiled its Fanatics sportsbook brand in the state of Arizona. The operator was able to secure access to the Grand Canyon state after signing a partnership with the Tonto Apache Tribe, the owner of Mazatzal Hotel & Casino.
LISTEN TO THIS ARTICLE:With the development, Arizona bettors can access the Fanatics Sportsbook app on both iOS and Android devices and wager on a wide range of sports. Fanatics also plans to open a Fanatics Sportsbook retail location within the Mazatzal Hotel & Casino in the coming months.
The Tribe's partnering with Fanatics Betting & Gaming, a national leader in the sports betting space, will allow the Tribe to provide for the general welfare of our tribal members but will also benefit all Arizona citizens.
Arizona January Wagering Report
Arizona makes it the 18th state in the US where Fanatics Betting and Gaming has gone live in the United States. Arizona has one of the top five most lucrative sports betting markets in the United States. In January, the state recorded a sports betting handle of $706.4m, an increase of 1.2% year-on-year.
The operators in the state generated an all-time high sports betting revenue of $69.3m in the month. The figure rose by 51.6% compared to the revenue generated in January 2023.
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While Arizona is home to more than ten sportsbooks, FanDuel and DraftKings have continued to hold the largest market share in the state.
We are thrilled to partner with the Tonto Apache Tribe and Mazatzal Hotel & Casino to bring the Fanatics Sportsbook to Arizona. Arizona is a state with tons of options for sports fans, from baseball to hockey, to golf to football to racing, making it the ideal destination for the most rewarding online sportsbook.
Fanatics Completes PointsBet US Takeover
The launch comes hot on the heels of Fanatics completing its acquisition of PointsBet's US business. Having begun taking over PointsBet operations in individual US states since 2023 when the deal was initiated, Illinois marked the final state in the process.
PointsBet has officially transferred all remaining components of its US B2C gambling operations to Fanatics. This includes Banach Technology, a copy of the PointsBet proprietary platform, and a license to utilize the technology platform.
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