Arizona Sports Betting Hits March Record Before Spring Slowdown
Wednesday 08 de June 2022 / 12:47
⏱ 2 min read
(Arizona).- While the Phoenix Suns flamed out early in the NBA playoffs, the team’s strong end to the regular season and NCAA March Madness helped fuel a record March for Arizona sports betting.
Arizona sportsbooks took a record $691 million in bets during March, according to a report released Monday by the Arizona Department of Gaming. The March handle is a 40% jump compared to the $491.7 million in February.
“March was an exciting month for Arizona event wagering, with major sporting events like NCAA’s March Madness helping set a single month event wagering record,” ADG Director Ted Vogt said in a release. “I look forward to seeing how the industry continues to develop as we finish out the first year of legal event wagering in the coming months.”
Arizona sports betting revenue rises
Operators generated $38.9 million in sports betting revenue, a 5.6% hold. The revenue was a nearly 52% increase from February’s $25.6 million, but it is 24% below November’s all-time high of $51.4 million.
Sportsbooks doled out $18.6 million in promotions during March, bringing taxable revenue down to $18.7 million.
The state collected nearly $1.9 million in taxes.
Arizona loves mobile sports betting
Arizona sportsbooks accepted nearly $687.7 million in mobile wagers during March, or 99.5% of the overall handle.
DraftKings Sportsbook paced the state’s 18 operators with $230.2 million in bets. The operator held 3.1% to generate $7.2 million in revenue.
FanDuel Sportsbook took $187.4 million in bets and led the field with $13.4 million in revenue, a 7.2% hold. BetMGM Sportsbook handled $133.7 million in wagers, holding 7.7% for $10.3 million in revenue.
Retail sportsbooks on the way
Two retail sportsbooks were open in March and handled $3.3 million in bets. The FanDuel Sportsbook at Footprint Center accounted for $2.9 million of the wagers, while the Caesars Sportsbook at Chase Field took $458,758.
With baseball season ramping up in April and the NBA season finishing, the summer might show Chase Field’s sportsbook some heavier action.
Other retail sportsbooks are also on their way, including a BetMGM Sportsbook at State Farm Stadium and DraftKings Sportsbook at TPC Scottsdale.
| Sportsbook | Handle | Revenue | Hold | Market Share |
|---|---|---|---|---|
| DraftKings | $230.2 million | $7.2 million | 3.1% | 33.3% |
| FanDuel | $187.4 million | $13.4 million | 7.2% | 27.1% |
| BetMGM | $133.7 million | $10.7 million | 8.0% | 19.3% |
| Caesars | $95.8 million | $5.1 million | 5.3% | 13.9% |
| Barstool | $19.1 million | $855,396 | 4.5% | 2.8% |
| WynnBet | $9.9 million | $462,223 | 4.7% | 1.4% |
| BetRivers | $5.8 million | $343,242 | 5.9% | <1% |
| Betfred | $3.5 million | $398,911 | 11.4% | <1% |
| SuperBook | $1.2 million | $137,757 | 11.5% | <1% |
| TwinSpires | $1.1 million | $119,338 | 10.8%
|
Categoría:Sportsbook
Tags: Sin tags
País: United States
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
Enhancing Responsible Gaming Through Effective Training at PGS 2026
(Lima, SoloAzar Exclusive) – Training, prevention, and technology took center stage at the "Value of Responsible Gaming in Gambling Operations" conference during the 2026 Perú Gaming Show (PGS). Presented by Fernando Calderón Castro, President of the National Gaming Society (SONAJA), the session brought industry leaders together to tackle current challenges and explore strategies for safer, more transparent, and sustainable operations.
Wednesday 22 Jul 2026 / 12:00
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"
(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.
Thursday 16 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
