The amount of sports betting handled in Arizona in September could potentially make history.

Arizona Sports Betting Handle For September May Be Historic

It may be a few more weeks before the official handle for sports betting in Arizona is announced, but early signs point to a potential record-breaking number.

DraftKings Sportsbook Arizona demonstrated its rapid growth on Friday morning by revealing that it had acquired 100,000 paying customers in just 17 days since its launch in the Grand Canyon state. This growth rate surpassed their previous best market, New Jersey, by a factor of ten.

DK Sportsbook in Arizona acquired 100,000 first-time paid customers in only 17 days, a significant improvement compared to the 170 days it took in New Jersey, 312 days in Pennsylvania, and 344 days in Indiana, as reported by the company’s tweet.

The Arizona Department of Gaming revealed that it will release the figures from the first month of sports betting in the state on November 29th. Arizona sports betting apps were introduced on September 9th, enabling residents to engage in Arizona NFL betting for the start of the season.

The Department of Gaming reported that daily fantasy sports operators brought in $175,000 in entry fees during a four-day period in August.

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What are other operators saying about Arizona?

In the third quarter earnings call for Caesars Sportsbook this week, Brian Agnew, senior vice president of finance, treasury, and investor relations, highlighted the company’s growing national market share in the iGaming industry. He attributed this increase to strong early customer engagement in Arizona, suggesting a positive outlook for the upcoming release of November’s numbers.

Agnew announced during the earnings call that the company anticipated their top-performing markets to be in states where they had rolled out their Liberty technology, were beginning from a level playing field, and had a robust existing database. Arizona, which was introduced in the previous quarter, aligns perfectly with these criteria, and they foresee achieving handle numbers that surpass expectations.

Agnew declared that Arizona’s existing advantages position it to become the third most successful state for Caesars Sportsbook, following Iowa and Nevada.

Iowa breaks its own record for sports betting handle, hitting $281 million.

He used Arizona as a model for states such as Maryland and Louisiana, in which the company plans to expand in the future.

Agnew stated that the success in Arizona is encouraging for states like Louisiana, which just began retail and is preparing to launch mobile, and Maryland, which will soon be online. He is confident that they will perform well in these states, just as they have in Arizona.

In conclusion, Agnew highlighted that Caesars Sportsbook saw a $1.3 billion handle in October, with significant contributions from states such as Arizona fueling the company’s growth.

Agnew expressed their belief that they are still gaining momentum.


BetMGM had a successful September in Arizona and other markets.

According to Cathy Park, the executive director of investor relations at BetMGM Arizona, the company achieved remarkable success in the iGaming industry in September, securing a 23% market share.

During the company’s third quarter earnings call, Park revealed that the operator had produced $227 million in net revenues, representing a 17% growth from the previous quarter.

Park revealed intentions to establish a betting shop at State Farm Stadium in Arizona within the next year. Furthermore, Park eagerly discussed plans for further expansion into different locations, such as Illinois, aiming to launch there in March or April of the subsequent year.

Bill Hornbuckle, CEO and President of MGM, went even further by describing Arizona as a valuable asset for the company.

Hornbuckle decided not to reveal a precise figure for the company’s BetMGM profile, but did note that the operation is in a robust position thanks to its successful debut in Arizona.

According to Hornbuckle, Arizona has had an impressive start.

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Author

Peterson Christopher

Peterson Christopher, with seven years of experience covering sports and sports betting in Arizona for ArizonaSports.com, the Tucson Weekly, and the Green Valley News, now holds the position of lead writer at yengols.com.

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