Information on Arizona sports betting’s record-breaking January handle

In January 2022, Arizona witnessed a groundbreaking month for sports betting with a record-breaking amount of wagers placed.

In January, Arizona experienced a notable surge in betting activity, with total wagers reaching $563.694 million. This represented a 12.9% increase from the previous record of $499.2 million set in December.

Arizona experienced a 13.5% revenue growth in January, with total revenue reaching $19.622 million, up from $17.2 million in December. Although revenue increased, the state’s sports betting tax collection remained constant at approximately $1.7 million monthly.

Here are the important takeaways to know about Arizona’s exceptional start to the year:

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Comparison of Arizona sports betting activity in January versus December.

DraftKings Continues its Dominance

DraftKings Sportsbook Arizona continued its dominance in sports betting handle in January, raking in $173.086 million. The team at DraftKings is seeing a familiar trend in their monthly reports.

The operator located in Boston has achieved the highest revenue among the 18 licensed operators, earning $732.963 million in their initial five months of operation.

For the fourth consecutive month, FanDuel Sportsbook Arizona secured the second spot in the state, bringing in $149.903 million in January. Following closely behind were BetMGM Arizona with $120.046 million, Caesars Sportsbook Arizona with $72.415 million, and Barstool Sports with $21.415 million.

After the leading performers, the next highest earners are WynnBET Arizona at $12.784 million, TwinSpires Arizona at $2.145 million, SuperBook Arizona at $1.015 million, Unibet Arizona at $529,019.66, Fubo Sportsbook Arizona at $453,211.49, and SaharaBets at $62,805.97.

The national ranking of Arizona’s January haul.

Arizona ranked seventh in the country for highest handle in January, with $563.694 million, behind New York, New Jersey, Nevada, Illinois, Pennsylvania, and Colorado.

The state had a higher handle than Michigan ($532.7M), Indiana ($500.1M), Virginia ($485.5M), and Tennessee ($386.1M).

New York launched its first month of mobile sports betting in January, while Arizona betting apps had been lagging behind Michigan in handle in December.

Although January saw strong growth in the state of Arizona, it will be interesting to see the numbers for February and March.

Even with the anticipation of the first Super Bowl following the launch of Arizona sports betting and local teams drawing attention for March Madness, states that have released data have observed a decline of 20% or more in handle for February.

Currently, Arizona can be proud of the continuous growth in the market.