Best Non-Cannabis-Related New Law
Sports Betting Legalization
Much like marijuana, legalized sports gambling in this country seems inevitable; there’s simply too much money to be made. Arizona wised up this year and passed, through the legislature, a bill that opens the state up to sportsbooks, taxing retail bets at 8 percent and online bets at 10 percent. (And for those looking to acquire a license, the cost is nearly $1 million for initial licensing fees.) Governor Doug Ducey signed it into law in April, and betting got underway in August, just in time for football season. Who knows? Maybe some of the projected $15 million in additional annual tax revenue might actually find its way to Arizonans who need it, in the form of social services or education funding. We’re not betting on it, though.