Arizona Sportsbooks See Handle Rise, Revenue Fall In January

Arizona Sportsbooks See Handle Rise, Revenue Fall In January
Fact Checked by Michael Peters

The 17 Arizona sportsbooks reported a strong start to the 2023 fiscal year, with just over $591.2 million in handle in January.

The state’s $591,220,793 handle is the fifth largest out of the 17 months reported by the Arizona Department of Gaming, representing a 3.3% jump month-over-month and 4.9% increase year-over-year.

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in AZ. Gambling problem? Call 1-800-NEXT-STEP. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Arizona’s gaming revenue figure of $28,961,017 and tax sum of $2,886,501 both fell off from the December Arizona revenue report of $37.3 million and $3.7 million respectively.

Jaclyn Johnson, who serves as the director of the ADG, said in a department press release that January’s sports betting handle represents a strong start to the second full year of wagering in the state.

“We saw another substantial month of sports betting in Arizona to kick off 2023, with nearly $600 million wagered during January,” Johnson said in the release. “I look forward to monitoring how wagering progresses throughout the rest of the year.”

Arizona Sports Betting, January vs. December

Total HandleMobile Handle Revenue
January$591.221M$585.418M$28.961M
December$572.491M$566.478M$37.315M
Change Up 3.3% Up 3.3% Down 22.4%

As the Major League Baseball season gets underway, come to BetArizona.com for Arizona sportsbook promos.

What To Know About January’s Report

January’s sports betting report represented the second consecutive one where FanDuel Sportsbook Arizona ranked atop the 17-operator leaderboard, beating out DraftKings Sportsbook Arizona for the sixth time in 17 months.

In total, FanDuel Sportsbook Arizona raked in $195,455,762 in handle during January, while DraftKings Sportsbook Arizona finished second overall at $171,428,299.

Trailing those two were BetMGM Sportsbook Arizona, which had $89,851,549 in handle during January, followed by Caesars Sportsbook Arizona ($59,197,789), Barstool Sportsbook Arizona ($20,409,155) and Desert Diamond ($20,029,144).

After that, you’ll find Arizona sportsbooks like Rush Street Interactive ($7,209,332), WynnBET Arizona ($6,168,787), Hard Rock Interactive ($5,056,830), Betfred Arizona ($4,635,381), SuperBook Arizona ($2,935,659), Digital Gaming ($1,249,696) and TwinSpires Arizona ($706,257).

After that, the bottom operators among Arizona betting apps in January were Unibet Arizona ($610,573), SaharaBets ($214,168), Golden Nugget Arizona ($155,658) and BallyBet Arizona ($103,953).

Through 17 months of reporting, DraftKings Sportsbook remains the No. 1 operator in the state by handle, at just over $2.6 billion, followed by FanDuel Sportsbook ($2.4 billion), BetMGM Sportsbook Arizona ($1.5 billion), Caesars Sportsbook Arizona ($984.2 million) and Barstool Sportsbook ($286.4 million).

Must be 21+ and present in AZ. T&Cs apply.

Where Arizona’s January Handle Ranks Nationally

Arizona’s haul for sports betting handle in January ranked seventh nationally, sandwiched between Pennsylvania ($772,289,648) and Colorado ($547,189,025).

Nationally, New York was the class of the country in the opening month of the year, with $1,799,048,366 in handle, while Ohio ($1,113,251,403) went over $1 billion in handle in its first month of legalized wagering.

New Jersey ($1,082,233,033), Illinois ($1,070,033,292) and Nevada ($935,792,553) were the next three states overall.

With handle figures for Super Bowl LVII, which took place in Arizona, and March Madness still to be reported, it appears Arizona sportsbooks are in good shape to rewrite the record books in 2023.

quote

Author

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.

Cited by leading media organizations, such as: