Arizona Sportsbooks Post 2nd Best Handle in State History During October

Arizona Sportsbooks Post 2nd Best Handle in State History During October
By Christopher Boan
Fact Checked by Michael Peters

The month of October was kind to Arizona sportsbooks, with the second-highest handle in state history.

Overall, the 18 mobile sportsbooks and 13 retail locations in the state raked in $618.57 million in wagers during the month, jumping 15% from September’s Revenue Report of $537.99 million. October’s report also represented a 27.3% increase, year-over-year, from the $486.097 million the state made in October 2021.

As far as revenue and taxes are concerned, Arizona betting apps declined slightly in both areas, going from $30.718 million and $3.058 million in September to $29.708 million and $2.963 million in October.

The drop in revenue and taxes from wagering stemmed from a slight decrease in net revenue (wagers minus winnings paid to players), from $44.178 million in September to $48.094 million in October.

October’s haul was the second-highest handle in state history, trailing only March’s $690.979 million total.  

“It is clear Arizona’s sports betting industry continues to grow, with over $132 million more dollars wagered in October of 2022 when compared to the same month of 2021,” Ted Vogt, who serves as the director of the Arizona Department of Gaming, said in a press release. “With Super Bowl LVII and the Phoenix Waste Management Open on the horizon, I am excited to see how these major sports tourism events impact the state’s sports betting industry in the coming months.” 

Arizona Sports Betting, October vs. September

Total HandleMobile Handle Revenue
October$618.570M$611.382M$29.708M
September$537.966M$533.350M$30.718M
Change Up 15.0% Up 14.9% Down 3.3%


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What to Know About Arizona’s October Report

October was kind to the state’s leading sportsbooks, with DraftKings Sportsbook Arizona, FanDuel Sportsbook Arizona, BetMGM Arizona and Caesars Sportsbook Arizona all posting month-over-month increases in handle.

DraftKings ranked atop Arizona’s leaderboard for the 10th time in 14 months during October, posting $214.693 million in handle.

Trailing them was FanDuel Sportsbook Arizona, which raked in $194.157 million in wagers during October, while BetMGM Sportsbook Arizona had $93.974 million, and Caesars Sportsbook posted $57.158 million.

Trailing Arizona’s “big four” were Barstool Sportsbook Arizona ($17.534 million), WynnBET Arizona ($8.368 million), Hard Rock Interactive ($6.148 million), and Rush Street Interactive ($6.034 million).

The next grouping of Arizona sportsbooks included Desert Diamond Arizona ($4.99 million), SuperBook Sports Arizona ($3.385 million), and BetFred Arizona ($2.455 million).

Rounding out the list in October were Digital Gaming Arizona ($780,437), Unibet ($730,382), Fubo Sportsbook ($320,948), BallyBet Arizona ($255,861), SaharaBets ($155,556), Golden Nugget Arizona ($150,767), and TwinSpires Arizona ($87,485).

Fubo Sportsbook ceased operations in mid October.

Where Arizona’s October Wagering Ranks Nationally

For October, Arizona wound up with the sixth-highest handle in the country, sandwiched between Pennsylvania ($797,124,732) and Virginia ($528,029,938).

New York, New Jersey and Illinois all cleared $1 billion in handle during the month of October.

From January 2022 through October, Arizona raked in a sports betting handle of $5.339 billion, while the state’s total wagering haul since launching last September is now at $6.589 billion.

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Contributors

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.

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