AZ SB1722

Establishes a fee cap of 10 percent on adjusted revenues for fantasy sports contest operators, with fees due by the 25th of each month based on the previous month's revenue.

Creates a fantasy sports contest fund to receive operator fees and penalties, with the department authorized to spend up to 10 percent annually on regulatory costs and excess revenues transferred to the state general fund at fiscal year-end.

Establishes a fee cap of 10 percent on adjusted gross event wagering receipts for event wagering operators, with 90 percent of monthly deposits transferred to the state general fund by the 25th of each month.

Authorizes the Department of Gaming to collect a regulatory assessment of 0.5 percent on all amounts wagered with commercial racing permittees in fiscal year 2022-2023, in addition to existing permitted deductions.