Arizona Secretary of State Adrian Fontes has introduced a new internal policy which prohibits event wagering or prediction market engagement on elections, described as a “proactive measure” to protect voters and State Department personnel.
"My top priority is to protect the integrity of our elections above all else. Implementing this policy is a proactive measure to protect both the voters in Arizona and our employees at the State Department,” Fontes said.
“I know the professionals that run our elections across all 15 counties here in Arizona share my urgency in providing peace of mind to voters this election season.This policy provides clear standards that support fair competition and accountability."
The new policy bans event wagering or prediction market engagement on elections and any related events, part of an effort to “promote election integrity, fairness and public confidence.”
On July 14, the Arizona Department of Gaming (ADG) announced that it will begin accepting applications for new limited event wagering licenses on August 13, which allow operators to partner with a racetrack or additional wagering facility that maintain a permit issued by the Division of Racing.
According to the Arizona regulator, limited event wagering operations will offer residents retail-style sports betting while at a racetrack or additional wagering facility, with 8% of all revenue produced by the vertical is subject to privilege fees.
Operators looking to secure a limited event wagering license in Arizona must submit completed applications by August 27, which will then be evaluated “in accordance with the established criteria set forth in applicable rules and statutes.”
The ADG confirmed 10 licenses will be issued at 10 specific locations, although it remains to be seen if prediction market operators such as Kalshi and Polymarket look to apply for a limited event wagering license.
The ADG issued five cease-and-desist orders to various operators on July 10 which either failed to prohibit underage residents from playing on their sites or engaged in illegal gambling activities
