The Arizona Department of Gaming (ADG) has announced $43,586,004 in tribal gaming contributions to the Arizona Benefits Fund for the fourth quarter of fiscal year (FY) 2024. The amount represents an approximate 3.3 percent increase when compared to the same quarter of FY 2023.
“Celebrating yet another remarkable milestone in tribal gaming, we are thrilled to announce that Arizona has witnessed yet another record-breaking year,” said Jackie Johnson, Cabinet Executive Officer, ADG.
“With a record contribution of $157.2 million to the Arizona Benefits Fund, our tribal partners have once again demonstrated their unwavering commitment to the prosperity of our state and local communities. We extend our heartfelt gratitude to our tribal partners for their continued dedication and collaboration.”
The Arizona Benefits Fund receives 88 percent of tribal gaming contributions, providing significant dollars to support instructional improvement in schools, trauma and emergency care, tourism, and wildlife conservation throughout the state.
Tribal gaming contributions to the Arizona Benefits Fund for the fourth quarter of the state’s FY 2024 will be distributed as follows:
- Instructional Improvement Fund/Education – $22,474,451
- Trauma and Emergency Services Fund – $10,861,632
- Arizona Department of Gaming Operating Costs – $3,308,133
- Arizona Wildlife Conservation Fund – $3,103,324
- Tourism Fund – $3,103,324
- Problem Gambling Education, Treatment and Prevention – $735,140
- FY 2024 Qtr 4 Total: Tribal Gaming Contributions to the Arizona Benefits Fund – $43,586,004
Per the Arizona tribal-state gaming compacts, tribes with casinos also contribute a percentage of their Class III gross gaming revenue to cities, towns, and counties. Total tribal contributions to the Arizona Benefits Fund in addition to cities, towns, and counties in the state has amounted to over $2.2 billion since FY 2004. Currently, there are 25 Class III casinos in Arizona, which ADG regulates in partnership with Arizona tribes.
According to recently-released revenue figures by the department, bettors in Arizona wagered approximately $656.3 million on sports in April of 2024. This represents an approximate 22.5% increase when compared to April of 2023. The state also collected approximately $4.3 million in privilege fees in the month.
Original article: https://www.yogonet.com/international/noticias/2024/06/21/72761-arizona-receives-436m-in-tribal-gaming-contributions-for-q4-a-33-yoy-increase
