Arizona sports betting handle surpasses $500 million thanks to football’s strong opening month.
Arizona sportsbooks experienced the expected surge in activity during the first full month of the football season.
In September, betting apps and retail locations in Arizona saw a significant increase in handle, reaching $537.966 million, up 49% from the previous month, according to a report from the Arizona Department of Gaming released on Thursday.
The September report for Arizona’s second year of sports betting showed a 10.7% increase in revenue compared to the August report.
During September, the state generated $30.718 million in revenue, with $3.058 million of that coming from taxes.
Arizona experienced a $537 million handle in September, the third highest amount for the state and the largest since March. It also ranked as the third-best month for tax revenue in Arizona.
Ted Vogt, the Director of the Arizona Department of Gaming (ADG), is excited about the substantial growth of sports betting in Arizona during September. He highlighted a remarkable increase of over $245 million in wagers compared to the previous year. Vogt is eager to observe the industry’s continued success during the winter months, which traditionally showcase the most popular sports for betting in the United States.
Comparison of Arizona Sports Betting in September and August
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Arizona Maintains Status Nationally
Arizona has continuously placed in the top six states for sports betting handle, a trend that persisted in September.
During the month, New York led the nation with a handle of $1.266 billion, followed by New Jersey ($866.7 million), Illinois ($831.8 million), Nevada ($760.9 million), and Pennsylvania ($645.2 million).
Colorado’s handle in September was slightly below Arizona’s at $450.2 million, while Virginia was the only other state to surpass $400 million in handle with $411.3 million.
Legal sports betting operators in the U.S. collectively generated a handle of $7.920 billion and revenue of $822.1 million in September.
DraftKings remains the top choice in Arizona.
For the second month in a row, DraftKings Sportsbook Arizona has continued to hold the top spot in handle within the state.
In August, the operator from Boston surpassed FanDuel Sportsbook Arizona to claim the top spot in the state with $215.6 million in wagers, marking the first time since April that they have held this position.
In September, FanDuel was the top leader in revenue with $147.36 million, followed by BetMGM Sportsbook Arizona ($80.8M), Caesars ($47.2M), and Barstool Sportsbook ($14.6M).
Fubo Sportsbook, which closed in mid-October, saw a handle of $512,129 in its final month of operation.
In September, Golden Nugget Online Gaming, a subsidiary of DraftKings, reported the lowest state handle of $188,886.
In September, Turf Paradise Horse Track, with a limited event wagering license for on-site retail sports betting, had a handle of $292,596 even though there were no live racing events taking place.
Author
Michael is the current news editor overseeing coverage at yengols.com. Prior to this role, he spent nine years as the sports editor at the Tulsa World and held the position of high school sports editor at the Houston Chronicle. He also served as sports editor at the Beaumont Enterprise and Galveston County Daily News in Texas.
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