Arizona Sports Wagering Revenue Peaks in December

Arizona Sports Wagering Revenue Peaks in December

Added:
Arizona Sports Wagering Revenue Peaks in December

Notwithstanding a month-over-month decline in handle, Arizona’s gross sports wagering income reached a record high in December.

Arizona’s gross income in December was 66.1M dollars, up 62.4 percent from November and 22.1 percent from the same month last year. While retail sportsbooks made 625,986 dollars online wagering generated $65.2 million. Operators of LEW made 240,604 dollars in revenue. The total amount wagered for the month was 693.3M dollars, of which 685.1M dollars came from betting on the internet, 6.4M from physical sportsbooks, and 1.8M from LEW operators. 17.8M in complimentary wagers and promotional rewards, the majority coming from internet wagering.

At 48.3M dollars, adjusted gross sports betting revenue set a new record, up 30.3 percent from December of 2022 and 139.4 percent from November of the previous year.

Arizona’s internet market led by FanDuel

FanDuel was the industry leader in December, taking in 23.7M dollars in adjusted profit from 236.3M dollars in total wagers. 13.8M dollars from 228.5M came  from DK and Crown Gaming, and BetMGM with 6.1M dollars from 82.7M. With 361,037 dollars in adjusted income from 2.7M dollars in bets DK and CG lead the retail marketplace.

Bet365 joins the industry

In Arizona, Bet365 just opened up digital sports gambling in collaboration with the Ak-Chin Indian community. Arizonan bettors can now take advantage of prior to the event and immediate betting on a variety of sports, as well as bet customization options. With this growth, Bet365 will now be present in nine states in the United States, joining Kentucky, Virginia, Louisiana, Ohio, Iowa, Colorado, Indiana, and New Jersey.

  • Genting Singapore’s non-gambling focus amid warning Genting Singapore’s non-gambling focus amid warning
  • KSA imposes penalty on Casbit KSA imposes penalty on Casbit