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Sports betting profits are on the line as reports swirl about the Arizona Coyotes' future

Profits from a partnership between the Arizona Coyotes and another company in the team owner’s portfolio are at stake as reports of pending relocation swirl.

Alex Meruelo’s company SaharaBets uses a state license that his Coyotes are eligible for because home games are played in Arizona.

A gaming department spokesperson says the Coyotes have not given notice of plans to leave the state.

Matthew Casey has won Edward R. Murrow awards for hard news and sports reporting since he joined KJZZ as a senior field correspondent in 2015.