Sporttrade Expands into Arizona with Innovative Betting Platform

01.10.2024

Sporttrade, a Philadelphia-based sports betting company, has officially launched its app in Arizona, marking its fourth state of operation. This move follows a strategic partnership with the Quechan Tribe of the Fort Yuma Indian Reservation, which spans both Arizona and California.

Transition from Unibet’s License to Sporttrade

Sporttrade’s entry into Arizona was facilitated by acquiring the sports betting license formerly held by Unibet, which exited the U.S. market in June. This transition allows Sporttrade to bring its innovative betting services to Arizona, adding to its existing operations in New Jersey, Iowa, and Colorado.

“Today we’re incredibly proud to announce we’ve launched in Arizona,” said Alex Kane, Founder and CEO of Sporttrade.

He highlighted the demand for a premium betting option in the state, emphasizing Sporttrade’s competitive pricing, rapid bet acceptance, and unique probability-based odds format as key features that set it apart.

Partnership with the Quechan Tribe

The collaboration with the Quechan Tribe is central to Sporttrade’s expansion in Arizona. Quechan President Jordan Joaquin expressed his enthusiasm for the partnership, stating,

“Quechan’s statewide mobile sports betting partnership with Sporttrade introduces an exciting new platform of wagering and will provide new and expanded gaming opportunities throughout Arizona, which will provide economic benefits for our tribe.”

Arizona allows up to 20 online sports betting licenses, with half required to partner with tribal nations.

The Sporttrade-Quechan partnership not only complies with this requirement but also aims to enhance gaming opportunities across the state.

Arizona Sports Betting Market Overview

Arizona’s sports betting market, which saw a betting handle of $3.78 billion in the first half of 2024, has undergone significant changes recently.

Several operators, including WynnBet and Unibet, exited the market over the summer, and Betfred is set to cease operations by November.