In June, Arizona sports betting experiences significant decreases in handle and tax revenue.
In June, Arizona sports betting saw its lowest monthly handle in the state’s 10 months of reporting, making it a forgettable month for the industry.
Arizona reported a handle of $318.774 million in June, marking a decrease of more than 30% from May’s total of $461.450 million.
June had the lowest total handle for the state since September, when Arizona reported $291.2 million in sports betting handle.
Arizona betting apps generated $7.680 million in sports betting revenue in June, leading to the collection of $761,801.04 in taxes by the state.
The tax amount saw a substantial 81.4% drop from the previous month’s record-breaking total of $4.1 million in privilege fees in May.
Operators distributed $9.2 million in complimentary bets and promotional credits in June, the lowest amount since the start of sports betting in September and the first time it has been below $10 million.
Similar to other regions, it is expected that these numbers will rise as sports fans in Arizona turn their attention to NFL betting.
The report released on Tuesday shows that Arizona’s sportsbooks, led by Director Ted Vogt of the Arizona Department of Gaming, are on par with national sportsbooks in terms of performance.
According to a press release from the department, ADG Director Ted Vogt announced that Arizona’s sports betting numbers were robust compared to the national average for the typically slower month of June. In June, operators in Arizona collected over $750,000 in privilege fees, bringing the total privilege fees earned since legal operations began in September 2021 to nearly $17 million.
Comparing Arizona Sports Betting in June and May
How Arizona Sports Betting Compares to the Rest of the Nation
Arizona ranks sixth in the nation for total handle in June, with $318.774 million, trailing behind New York, New Jersey, Illinois, Nevada, and Pennsylvania.
Compared to states like Colorado, which had a $313.215 million handle in June, Arizona’s sports betting market in the 48th State showed impressive growth.
Arizona led the way in June, outpacing states like Virginia, Michigan, Indiana, and Tennessee in total handle with $295.235 million, $292.389 million, $256.307 million, and $215.774 million, respectively.
As college games begin this weekend and NFL games kick off on Sept. 8, make sure to visit yengols.com for the best Arizona NFL promo codes.
Key information to understand from Arizona’s June sports betting report
FanDuel Sportsbook Arizona has once again held the top spot for the second consecutive month in the ADG’s June report for sportsbooks.
In June, FanDuel overtook DraftKings as the leading sportsbook operator in Arizona, with reported wagers totaling $103.976 million, surpassing DraftKings’ $92.823 million.
In Arizona, BetMGM and Caesars Sportsbook continued to hold the third and fourth spots as top-ranked sportsbooks, with handles totaling $59.7 million and $33.245 million, respectively.
Barstool Sportsbook led the way in June with a handle of $9.324 million, followed by WynnBET Arizona at $6.823 million. Other operators that exceeded $1 million in handle included Rush Street Interactive with $3.010 million, SuperBook Sports Arizona with $2.663 million, and BetFred with $1.054 million.
DraftKings Sportsbook maintains its lead in total handle after 10 months of reporting, with $1.46 billion in wagers. FanDuel Sportsbook follows closely behind with $1.29 billion, BetMGM with $946 million, Caesars Sportsbook with $605.2 million, and Barstool Sportsbook with $176.86 million.
SHARE THIS ARTICLE
Author
Peterson Christopher has accumulated more than seven years of experience covering sports and sports betting in Arizona for publications like ArizonaSports.com, the Tucson Weekly, and the Green Valley News. Currently, he is the lead writer at yengols.com.
According to leading media sources such as: