Arizona Sports Betting Handle Drops 10% in May, Taxes Hit Record Levels

Arizona Sports Betting Handle Drops 10% in May, Taxes Hit Record Levels
By Christopher Boan
Fact Checked by Michael Peters

The doldrums of late spring sports betting officially hit Arizona online sportsbooks in May, with the state recording a double-digit decline in handle.

Overall, the Arizona sports betting apps scene showed a 10% drop in handle, from $512.877 million in April to $461.450 million in May.

That figure ranks sixth nationally for the month, behind New York ($1.27 billion), New Jersey ($766.4 million), Illinois ($764.6 million), Nevada ($562 million) and Pennsylvania ($493.4 million).

Arizona did, however, break its record for wagering taxes collected in a month at $4.1 million, knocking off the previous record of $3.1 million, set in November.

Overall, Arizona’s sports betting marketplace has had a two-month handle decline, from a record high of $690.970 million in March.

Ted Vogt, who serves as the director of the Arizona Department of Gaming, called Friday’s revenue report a sign of the state’s strength nationally.

“The newly emerging event wagering industry in Arizona continues to impress, with over $460 million wagered and over $4 million in privilege fees in the month of May,” Vogt said in the press release. “Since the start of legal event wagering, we have seen approximately $30 million in privilege and licensing fees contributed to the state.”

Arizona Sports Betting, May vs. April

Total HandleMobile Handle Revenue
May$461.237M$456.654M$41.402M
April$512.877M$509,516M$16.501M
Change Down 10% Down 10.4%Up 150.9%


What Stands Out From May’s Report

FanDuel Sportsbook Arizona one-upped DraftKings Sportsbook Arizona for only the second time.

The New York-based operator led the pack of 18 Arizona sportsbooks with $148.709 million in mobile handle in May, ahead of DraftKings Sportsbook Arizona, which finished the month at $141.062 million.

The only other month that the Boston-based operator didn’t finish atop the state’s sports betting leaderboard was in February, when FanDuel Sportsbook finished with $142.445 million and DraftKings Sportsbook was at $131.653 million.

Other than the two main players in the state’s market, the rest of the pecking order remained much the same in May, with BetMGM Arizona finishing third ($84.195 million), followed by Caesars Sportsbook Arizona ($47.504 million) and Barstool Sportsbook ($14.552 million).

Trailing the Big Five in the state’s standings were WynnBET Arizona ($8.868 million), Rush Street Interactive/BetRivers Arizona ($4.228 million), SuperBook Sports ($2.422 million), and BetFred ($1.211 million).

None of the other nine operators managed to crack the $1 million mark in handle during May, with Unibet Sportsbook Arizona ($933,691.28) and Hard Rock Interactive ($797,244.05) coming the closest.

Where Arizona Operators Stand After Nine Months

The 18 licensed Arizona mobile sportsbook operators, ranked by total sports betting handle, with the number of months they’ve been in operation in parentheses:

  • DraftKings: $1.371B (All)
  • FanDuel: $1.190B (All)
  • BetMGM: $886.359M (All)
  • Caesars: $605.141M (All)
  • Barstool: $167.542M (All)
  • WynnBET: $110.564M (All)
  • RSI: $33.654M (7 months)
  • TwinSpires: $10.307M (All)
  • SuperBook Sports: $8.063M (6 months)
  • Betfred: $6.538M (4 months)
  • Unibet: $6.373M (All)
  • Fubo: $3.2194M (6 months)
  • Desert Diamond: $2.731M (4 months)
  • Hard Rock: $1.961M (4 months)
  • SaharaBets: $335,318 (5 months)
  • Golden Nugget: $331,920 (4 months)
  • Digital Gaming: $237,632 (4 months)
  • Bally’s: $186,854 (4 months)

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WRITTEN BY
BetArizona.com
Christopher Boan
Christopher Boan is the lead writer at BetArizona.com after covering sports and sports betting in Arizona for more than seven years, including stops at ArizonaSports.com, the Tucson Weekly and the Green Valley News. He is here to help you choose the best Arizona sportsbook for you.
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Christopher Boan is the lead writer at BetArizona.com after covering sports and sports betting in Arizona for more than seven years, including stops at ArizonaSports.com, the Tucson Weekly and the Green Valley News. He is here to help you choose the best Arizona sportsbook for you.
... Read More
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