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February’s Arizona Sports Betting Handle, Taxes See Sizable Drops From January

Christopher Boan for Bookies.com

Christopher Boan  | 3 mins

February’s Arizona Sports Betting Handle, Taxes See Sizable Drops From January

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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 former represents a 12.8% decrease from January’s record-breaking handle of $563.695 million, while February’s revenue figure decreased by more than 60% from January’s total of $19.622 million.

Ted Vogt, the Arizona Department of Gaming’s director, said in a department press release that February’s totals, while lower than January’s, still show how strong the market is.

“Event wagering levels continue to indicate a strong market in Arizona,” Vogt said in the press release. “While there was a small decline in wagering activity, the state maintained a strong national presence in a traditionally slower month of sports wagering.” 

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Arizona Sports Betting, February vs. January

Total Handle Mobile Handle Revenue
February $491.666M$488.311M$6.867M
January $563.695M$558.695M $19.622M
Change Down 12.8% Down 12.6% Down 65.0%

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FanDuel Takes No. 1 Spot in February

For the first time since September, an operator besides DraftKings Sportsbook Arizona took the No. 1 spot in terms of wagers handled.

FanDuel Sportsbook Arizona managed to one-up their digital sports betting rivals, raking in $142.445 million in handle during February, while DraftKings Sportsbook Arizona took in $131.653 million.

In total, DraftKings Sportsbook Arizona has now brought in $864.616 million in wagers since launching Sept. 9, which ranks No. 1 overall — ahead of FanDuel Sportsbook, which has seen $707.959 million in handle since September’s launch.

In February, the No. 3 operator was BetMGM Arizona, which saw $99.840 million in handle, followed by Caesars Sportsbook Arizona ($78.443 million), Barstool Sports ($17.916 million), WynnBET Arizona ($8.845 million), Rush Street Interactive ($4.570 million), and TwinSpires Arizona ($1.205 million).

The other operators were all below $1 million in handle, including Fubo Sportsbook ($895,231.94), and Unibet Arizona ($810,458.50).

In terms of retail sportsbook wagering, FanDuel Sportsbook’s Footprint Center location led the way at $2.774 million, followed by Caesars Sportsbook Arizona ($580,125.65). Caesars is expected to soon open its permanent location at Chase Field.

Arizona sports betting operators paid a total of $604,825.17 in taxes during the month of February, down 64.4% from January’s haul of $1.7 million.

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Where Arizona’s February Sports Betting Ranks Nationally

Arizona’s February sports betting haul ranks sixth nationally, between Pennsylvania ($597 million) and Colorado ($440.5 million).

The Grand Canyon State finished February ahead of Michigan ($423.7 million), Indiana ($409.1 million) and Virginia ($401.8 million), but behind New York ($1.5 billion), New Jersey ($985.5 million), Nevada ($780.7 million), Illinois ($679.3 million), and Pennsylvania ($597 million).

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About the Author

Christopher Boan for Bookies.com
Christopher Boan
Christopher Boan has covered sports and sports betting in Arizona for more than seven years, with stops at ArizonaSports.com, Tucson Weekly and Green Valley News.