Online bookmaker Betfred announced yesterday that it was closing registrations for new account in the state of Arizona with immediate effect.
Betfred the Latest Sportsbook to Exit Arizona Betfred the Latest Sportsbook to Exit ArizonaSpeaking earlier this summer, Betfred U.S. CEO Kresimir Spajcic suggested that a full American exit was “on the table … if we don’t have enough value that we can create within the U.S.”
Betfred the Latest Sportsbook to Exit Arizona in March of 2022 when it partnered with Fort McDowell Yavapai Nation and its We-Ko-Pa Casino Resort to become the state’s eleventh mobile sports betting operator. Betfred the Latest Sportsbook to Exit ArizonaFollowing its exit, the Fort McDowell Yavapai Nation can now partner with another sports betting operator.
Arizona Exits Continue
Arizona ranks among the top seven sports betting markets in the United States. However, despite this, Betfred is now the fourth sportsbook operator to exit the state in 2024.
WynnBET closed its sports betting operations in Arizona in February with Unibet and Betway following in June.
Despite sportsbooks exiting the state, Arizona has awarded two tribal-based sports betting licenses to Sporttrade and Plannatech via the Quechan Indian Tribe and San Carlos Apache Tribe, respectively.
Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.