The Arizona sports betting handle during March shattered the state’s record, with $690.979 million in wagers and $18.668 million in gross wagering receipts.
The second month of the year saw a sizable decline in Arizona sports betting revenues, with a handle of $491.6 million and $6.8 million in gross wagering receipts.
The state raked in $563.694 million in sports betting handle, in addition to $19.622M in revenue according to numbers released Friday by the Arizona Department of Gaming.
The December handle broke the previous record of $486.1 million in October and dwarfed the $466.7 million in wagers from November.
The Arizona Department of Gaming’s updated revenue figures, which were released Tuesday, showed a $22 million decline in revenue during the second full month of sports betting in the state.
Oddsmakers aren’t buying into the Cardinals’ chances against the Rams, with Arizona listed at +4 on BetMGM Arizona and FanDuel Sportsbook Arizona to go with +4.5 on DraftKings Sportsbook Arizona.
The Coyotes were the last of the eight Arizona sports teams that received a license from the Arizona Department of Gaming in August to announce a partner.
The data, which covers the period from when Arizona sports betting launched Sept. 9 to month’s end, represents a bold new era for the state, according to ADG Director Ted Vogt.
Bookies.com chatted with RSI Chief Operating Officer Mattias Stetz and asked how the company sees Arizona’s sports betting market fitting into its grander portfolio.
Bookies.com chatted with Gila River Hotels & Casinos Chief Strategic Marketing Officer Dominic Orozco to get the latest on the Vee Quiva BetMGM sportsbook, and the company’s sportsbooks at Gila River’s Wild Horse Pass and Lone Butte properties, which open Nov. 11 and Nov. 13, respectively.
It appears a lawsuit seeking to derail Arizona sports betting is headed toward an out-of-court settlement.
The latest Arizona sports betting partnership links Southern Arizona-based Desert Diamond Casinos with provider Kambi Group.
Get exclusive offers, expert picks and reviews