Daily Fantasy Sports Had Quick Start in Arizona in August

Those who track online sports betting in Arizona got a small window into the early success of sports wagering in the state this week.

The Arizona Department of Gaming posted earnings for daily fantasy sports in Arizona on Monday, as four operators combined to collect more than $175,000 in entry fees during the first four days of operations.

Daily fantasy began in Arizona on Aug. 28, and the reported numbers reflect activity in the month of August.

Arizona sportsbooks and betting apps went online Sept. 9, just in time for residents in the state to take part in NFL betting on the season’s first game.

A representative from the Department of Gaming said it plans on releasing figures from September, the opening month of Arizona sports betting, on Nov. 29.


Arizona Reporting Schedule Behind Other States

The Department of Gaming released an event wagering and fantasy sports revenue reporting schedule for the state Monday.

The state plans to release figures on the 25th of each month (or the first business day after the 25th if it falls on a weekend or holiday). So it will be until after Thanksgiving before the full impact of the first month of sports betting in Arizona is known.

Arizona’s current reporting schedule will make it the last state with legalized sports betting to report its official numbers each month. Illinois, which posts reports about six weeks after the end of each month, was typically the last state to make its numbers known.

“…Today (Oct. 25) is the day Operators have to report their September figures to the Department,” Arizona Department of Gaming Public Information Officer Maxwell Hartgraves said in an email to BetArizona.com. “The Department then uses the next month to compile, verify and correct submissions prior to releasing the report on our website. This is a necessary step in the process, as we want to ensure that what is submitted to the Department is verified and correct prior to releasing any figures.”


Inside Arizona’s Early DFS Numbers

The early leader in the daily fantasy sports clubhouse is DraftKings Sportsbook Arizona, which reported $75,715 in in-state entry fees during the opening weekend.

Right behind was fellow DFS stalwart, FanDuel Sportsbook Arizona, which raked in $73,516 during the first four days of operation.

FFPC, LLC ($25,835) and Yahoo Fantasy Sports ($608.25) were the only other operators listed on the department’s report.

In terms of adjusted revenue, FFPC had $24,484, while FanDuel Sportsbook Arizona announced $7,137. DraftKings Sportsbook Arizona and Yahoo Fantasy Sports did not have any adjusted revenue for the month of August.

For the month, the state took in $1,581 in privilege fees from the four fantasy sports contest operators in the state.

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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.
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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.
... Read More