This chapter does not prohibit a sports governing body on whose events the department has authorized wagering from entering into agreements with licensees in which the sports governing body may share in the amount bet from sports wagering on the events of the sports governing body. A sports governing body is not required to obtain a license or any other approval from the department to lawfully accept such amounts.

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Terms Used In Arizona Laws 5-1317

  • Department: means the department of gaming. See Arizona Laws 5-1301
  • Sports governing body: means an organization headquartered in the United States that prescribes final rules and enforces codes of conduct with respect to a sports event and participants in a sports event. See Arizona Laws 5-1301
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