The Mesa Tribune - Zone 1 - 8.15.2021

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BUSINESS

THE MESA TRIBUNE | AUGUST 15, 2021

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Sports book plans emerging in EV BY PAUL MARYNIAK Tribune Executive Editor

A

s Arizona prepares to launch sports betting Sept. 9, the Gila River Indian Community is poised to become one of the big players after teaming up with one of the gambling world’s biggest operators. The Arizona Department of Gaming has until the end of this month to whittle down a list of 15 tribes competing for 10 available licenses allowing them to offer gambling on professional and college games both online and at retail, or brickand-mortar, sites. But one knowledgeable observer said a sure bet to win one of those licenses is Gila River Hotels & Casinos, which last week announced a partnership with BetMGM. BetMGM is partnering with Gila River Hotels & Casinos and the Arizona Cardinals to offer digital betting as well as sportsbooks at State Farm Stadium and at Wild Horse Pass, Lone Butte and Vee Quiva casinos. While online sports betting does a far greater business nationwide, retail sportsbooks’ revenue is nothing to sneeze at. That’s why the brick-and-mortar sites will be offering more than, well, bricks, mortar and cashiers as they court both seasoned and amateur bettors on everything from professional games to fantasy sports to less popular competitions such as cricket, rugby and Swedish soccer. “You are correct in that betting alone does not do it,” said Dominic Orozco, chief strategic marketing of�icer for Gila River Hotels & Casinos. “It’s an amenity thing that we wanted to make sure we capture wholeheartedly,” Orozco continued. “It was something that we felt is an additional amenity to support …all the gaming things that we have. We felt that we had to take this to a different level and not just offer betting.” While the three GRIC casinos combined are devoting 15,000 square feet of space to sportsbooks – two thirds of that at Wild

Wild Horse Pass Casino will have two separate sports books on the second floor, while its sister Vee Quiva and Lone Butte casinos will each have one as well. (Special to the Tribune) Horse Pass Casino – each will be offering its own unique physical environment to attract bettors who want more than the thrill of a wager. While the tribe and BetMGM will be ready to offer online wagering on Sept. 9, Orozco said it likely won’t be until November that work on the betting parlors themselves will be completed though some retail service will be on deck. All of this is occurring as commercial gaming revenue nationwide reached a record $13.6 billion in the second quarter of this year, according to the American Gaming Association. With nearly $24.8 billion generated to date for 2021, the association said this year is on track to overtake 2019 as “the highest-grossing year ever for commercial gaming revenue. And 2019 saw revenue totaling $43.6 billion.

The association also reported that sports betting in the second quarter of this year declined by 8 percent to a mere $888 million because of “a quieter sports calendar,” but also said: “The �irst half of 2021 has already generated more sports betting revenue ($1.8 billion) than all of 2020 ($1.5 billion).” Within the next �ive years, that total annual revenue from sports betting is projected to quintuple nationwide. Gila River Hotels & Casinos has teamed up with one of the big gorillas in the world of sports betting. During a quarterly earnings call Aug. 4, MGM President/CEO Bill Hornbuckle boasted, “BetMGM remains a clear leader in iGaming, having reached a 30 percent market share in the second quarter.” Kenneth Manuel, Gila River Hotels & Casino CEO, called BetMGM “the king of

sportsbooks” while Gila River Indian Community Governor Stephen Lewis said, “Building on the successful launch of our new table games at Wild Horse Pass, this new sports betting operation will now continue our successful implementation of our historic new Compact arrangement.” He was referring to the new agreement the state and Arizona tribes signed earlier this year that helped pave the way for sports betting. Orozco said Gila River Hotels & Casinos is spending more than $12 million to retro�it portions of its three venues so betters can have a worthwhile experience beyond placing bets and watching games. “We have taken areas of our casinos that haven’t been necessarily used or utilized for revenue-generating activities and are

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