The proposed bill would amend sections of the Arizona Revised Statutes related to event wagering by updating definitions and provisions concerning adjusted gross event wagering receipts, e-sport events, and the use of official league data. Specifically, it would clarify that the deduction for free bets or promotional credits is limited to the first five years following April 15, 2021, and it would replace the term "E-sport" with "e-sport event." Additionally, the bill would modify the definitions of various terms, such as "Licensee," "Limited event wagering operator," and "Management services provider," while removing outdated definitions like "Official league data."

Furthermore, the bill introduces new provisions regarding the use of official league data for tier two sports wagers. It specifies that event wagering operators may use various types of league data and that official league data must be offered separately by league or sport, allowing operators to select specific data without being obligated to purchase bundled data packages. This change aims to enhance the flexibility and accessibility of data for event wagering operators while ensuring compliance with relevant laws and regulations.

Statutes affected:
Introduced Version: 5-1301, 5-1314, 5-1201