BetMGM and Arizona Cardinals Debut First Sportsbook at NFL Stadium

inbusinessPHX.com

BetMGM, a leading sports betting and iGaming operator, and the Arizona Cardinals today debuted the first sportsbook at a National Football League (NFL) stadium. The BetMGM Sportsbook at State Farm Stadium is a two-story, 17,000-square-foot entertainment destination featuring state-of-the-art sports wagering amenities, concert-hosting facilities, a gourmet grille and bar and a … [More]

Portland-Headquartered Bank Expands Middle-Market Team in Phoenix

inbusinessPHX.com

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation, announced the expansion of its Phoenix-based middle market banking team with the addition of five new members to support its rapid growth in serving mid-size companies across Arizona. Today's announcement marks the latest development in Umpqua's Western U.S. expansion. Late last year, Umpqua hired … [More]

Industry-Specific Small Business Economic Trends Survey Is Somewhat Optimistic

inbusinessPHX.com

The NFIB Research Center released the latest industry-specific Small Business Economic Trends report highlighting small businesses in the construction, manufacturing, retail, and services industries. The overall Optimism Index in July was 89.9. “Small business owners in various industries continue to manage historic economic headwinds that are impacting their … [More]

EN NEGOCIOS: 6 maneras en que la Ley de Reducción de la Inflación ayudara a las pequeñas empresas a pagar para volverse ecológicas

por Edgar R. Olivo

Ahora es el momento de comenzar a invertir en una transformación ecológica. La Ley de Reducción de la Inflación de 2022 firmado por el presidente Biden en agosto incluye una serie de nuevas normas fiscales sobre nuevas disposiciones de energía "verde". Estas nuevas disposiciones de energía “verde” están destinadas a combatir el cambio climático y mejorar la eficiencia … [More]

6 Ways the Inflation Reduction Act Will Help Small Businesses Pay to Go Green

by Edgar R. Olivo

Now is the time to start investing in a green transformation. The Inflation Reduction Act of 2022 signed by President Biden in August includes a range of new tax rules on new “green” energy provisions. These new “green” energy provisions are intended to combat climate change and improve energy efficiency while incentivizing domestic manufacturing of green energy equipment and … [More]

Arizona Celebrates One Year of Legal Sports Betting Friday, July Report Released

inbusinessPHX.com

Tomorrow marks one year of legal sports betting in the state of Arizona. Through July of 2022, Arizonans have wagered over $5 billion dollars on sports, highlighting the excitement for new gaming opportunities in the state. “In April of 2021, Governor Doug Ducey signed legislation and the amended Tribal-State Gaming Compacts that legalizing sports betting and a number of … [More]

Phoenix-Based Wellness Restaurant Brand Raises $100M from Mission-Aligned Investors

inbusinessPHX.com

True Food Kitchen, the award-winning restaurant brand that has pioneered wellness-driven dining, announced a significant round of capital investment led by two new investors, HumanCo and Manna Tree, supported by existing investor Centerbridge Partners. The more than $100 million round of funding is the largest investment for the 42-unit restaurant brand that was founded in 2008 … [More]

JA BizTown Gets Renovated, New Local Businesses Join Student-Size Town

inbusinessPHX.com

Students across the Valley and state heading back to school this month and nonprofit Junior Achievement of Arizona recently completed a renovation at its JA BizTown, a student-sized town built to engage 4th, 5th and 6th graders in personal and business finances through simulation-based learning. The town features more than 40 local and national businesses where students can … [More]

The Chip Challenge: Growing a Workforce for the Semiconductor Industry

by Lisha Dunlap, Chandler-GIlbert Community College  

According to the Arizona Commerce Authority, "Arizona is the best state in the nation for entrepreneurship, innovation and emerging technology." At the end of August, Governor Doug Ducey capitalized on that sentiment with a five-day trip across the globe to visit the Republic of Korea and Taiwan for relationship building within the international technology industry. Reported … [More]

ASU and Arizona Lottery Announce Partnership to Expand ASU’s Sport Innovation Efforts

inbusinessPHX.com

The Global Sport Institute and the J. Orin Edson Entrepreneurship + Innovation Institute at Arizona State University are teaming up with the Arizona Lottery’s Gives Back program to support ASU’s Global Sport Venture Challenge - a pitch competition designed to assist entrepreneurs in launching and scaling sport-related startups. Applications are now open and will be accepted … [More]

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