AZ event wagering operator bonds.
2% of the bond amount.

Arizona requires a licensed event wagering operator (a "responsible party" under the rule) to maintain a reserve backing player-account funds and outstanding wagering liability, under Ariz. Admin. Code § R19-4-113 — the reserve may take the form of cash, cash equivalents, an irrevocable letter of credit, a surety bond, or a combination, and must equal the greater of $500,000 or the amount needed to cover all outstanding liability and player funds. Premiums cost 2% of the bond amount, $100 minimum; the application includes a credit consent authorizing a soft pull only. Enter your required reserve amount and your exact price appears at the application.

✓

Set by rule at Ariz. Admin. Code § R19-4-113 — the greater of $500,000 or your outstanding player-fund liability

✓

Filed with the Arizona Department of Gaming by a licensed event wagering operator ("responsible party")

✓

2% of the bond amount, $100 minimum — enter your reserve figure and see your price at application

2% rate$100 minimum premiumSoft pullnever affects your scoreFastinstant underwriting for most

Trusted by industry leaders

How it works

Apply to filed in one sitting.

The bond is one of several forms the reserve rule accepts — enter your amount, consent to a soft pull, and file with the Department of Gaming. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the reserve amount your license requires, the effective date, and a one-time credit consent authorizing a soft pull.

FAST REVIEW

Approved

The soft pull informs approval and never affects your score; pricing is 2% of the reserve amount, $100 minimum. Because these reserves run six figures and up, larger amounts may get a brief underwriter review.

SAME DAY

File with the Department of Gaming

Your executed bond and power of attorney arrive by email, ready to file as part of your event wagering license record. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the event wagering reserve actually guarantees

Arizona licenses event wagering operators — the sportsbooks and mobile wagering platforms taking bets on sporting events — through the Arizona Department of Gaming. As a condition of that license, the operator (termed a "responsible party" in the rule) must keep a reserve on hand at all times so player-account balances and outstanding wagering obligations can actually be paid, win or lose on the operator’s side.

Under Ariz. Admin. Code § R19-4-113, the reserve can be cash, cash equivalents, payment-processor reserves or receivables, an irrevocable letter of credit, a surety bond, or any combination — in an amount that is the greater of $500,000 or whatever is necessary to cover outstanding event wagering liability and funds held in player accounts. A bond is the capital-efficient choice: instead of parking six or seven figures in a bank account or letter-of-credit facility, the operator pays a one-time premium and the surety stands behind the reserve obligation.

It is a three-party arrangement — you (the principal), the surety, and, functionally, the Department of Gaming and Arizona bettors as the protected interest. If the operator cannot cover player funds or wagering liability, a claim can reach the bond. Enter the reserve figure your license requires; we price the bond at 2% of that amount, $100 minimum, after a soft credit consent that never affects your score.

Ariz. Admin. Code § R19-4-113Under Ariz. Admin. Code § R19-4-113 (Reserve Requirements and Bank Accounts), a responsible party licensed to conduct event wagering shall maintain a reserve in the form of cash, cash equivalents, payment processor reserves, payment processor receivables, an irrevocable letter of credit, a bond, or any combination of the foregoing, in an amount that is the greater of either $500,000 or the amount necessary to ensure the responsible party’s ability to cover all outstanding event wagering liability and the funds held in player accounts. The rule also requires the responsible party to notify the Department at least 180 days before ceasing operations and to provide a plan for settling liabilities and refunding player accounts. Confirm your exact required reserve amount with your Department of Gaming license file.

You need this bond if you are

✓

A licensed event wagering operator ("responsible party") required to post a reserve under R19-4-113

✓

Choosing a bond over tying up cash or a letter-of-credit facility to satisfy the reserve requirement

✓

Renewing or increasing your license as your player-account liability grows past the $500,000 floor

✓

Preparing an Arizona event wagering application and need the reserve instrument ready before submission

One application, then a quick review.

These are the actual underwriting fields, including a one-time credit consent authorizing a soft pull. Because these reserves run six figures and up, larger amounts may get a brief underwriter review.

Start the application →

FAQ

Common questions.

How much is the Arizona event wagering operator bond?Premiums cost 2% of the reserve amount your license requires, with a $100 minimum. The reserve itself is the greater of $500,000 or the amount needed to cover your outstanding event wagering liability and player-account funds, under Ariz. Admin. Code § R19-4-113. Enter that figure and your exact price appears at the application.

What amount should I enter?Enter the reserve figure that satisfies R19-4-113 for your operation — at minimum $500,000, or higher if your outstanding player-fund liability exceeds that. Check your current license file or ask your Department of Gaming contact if you are unsure.

What does the bond guarantee?It backs the reserve a licensed event wagering operator must maintain so player-account balances and outstanding wagering obligations can actually be paid. It is one of several acceptable reserve forms under R19-4-113 — cash, a letter of credit, or a bond — and lets you satisfy the requirement without tying up your own capital.

Where do I file it?With the Arizona Department of Gaming as part of your event wagering operator license record. Your executed bond and power of attorney arrive by email, ready to submit; wet-ink originals are mailed on request.

Is there a credit check?The application includes a credit consent, but it authorizes a soft pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond. Because reserves run six figures and up, larger amounts may get a brief underwriter review beyond the initial pull.

Related bonds

Other Arizona bonds.

Reserve requirement, one bond.

2% of the bond amount, $100 minimum. Enter your required reserve and file with the Department of Gaming.

Start application

Your premiumfrom $100

Apply now →

AZ event wagering operator bonds.2% of the bond amount.