AZ SB1681

Establishes enhanced reporting requirements for the 2021 gaming compact trust fund, requiring the Department of Gaming to issue annual reports within 90 days of fiscal year-end that include fund balances by quarter, tribe eligibility calculations, deposit details by contributing tribe, line-item expenditures, and individual payment disbursements to tribes.

Allows each federally recognized Indian tribe in Arizona that has signed the most recent tribal-state gaming compact to obtain an event wagering operator license, removing the previous limit of "not more than ten" licenses for tribes.

Permits tribal event wagering operators to offer both retail event wagering within a five-block radius of a sports facility or sports complex and mobile event wagering throughout the state, matching the scope previously limited to non-tribal operators.

Requires the Department of Gaming to immediately release application review materials and investigation records to any member of the legislature upon written request, and clarifies these materials are not confidential except under court order, subpoena, or statutory audit.

Exempts Indian tribes operating event wagering exclusively on Indian lands from state licensure requirements, with such operations governed by tribal-state gaming compacts and the Indian Gaming Regulatory Act.