T.P. Racing’s Bid for Sports Betting License in Arizona Doomed by Failure to Show It Owns a Pro Team or a Franchise

With a finding of “no reversible error,” the Arizona Court of Appeals, Division One agreed with a lower state court, which had affirmed a departmental decision to deny TP Racing’s application for an event wagering operator license in that state. By way of background, the appeals court noted that in April 2021 the Arizona legislature enacted the Event Wagering Act, A.R.S. §§ 5-1301 through 5-1321. The Act authorizes the Arizona Department of Gambling to issue up to ten event wagering o