The first month of 2022 was a historic one for sports betting in Arizona, with a record-breaking handle in the state.
The Grand Canyon state raked in $563.694 million in wagers during January, representing a 12.9% increase from December’s $499.2 million, which was the previous record for the state.
Arizona’s revenue figures were up 13.5%, from $17.2 million in December to $19.622 million in January, while the state’s sports betting tax take stayed basically the same — about $1.7 million each month.
Here’s what you should know about Arizona’s record-breaking first month of the year:
Arizona Sports Betting, Jan. vs. Dec.
|Total Handle||Mobile Handle||Revenue|
|Change||Up 12.9%||Up 13.0%||Up 13.5%|
DraftKings Continues its Dominance
The monthly reports are beginning to sound like a broken record for the folks at DraftKings Sportsbook Arizona, who once again led the state in sports betting handle during January, raking in $173.086 million.
The Boston-based operator has been the leading revenue generator among the 18 licensed operators, raking in $732.963 million during their first five months of operation.
Finishing No. 2 for the fourth consecutive month in the state was FanDuel Sportsbook Arizona, which brought in $149.903 million in January, followed by BetMGM Arizona ($120.046 million), Caesars Sportsbook Arizona ($72.415 million), and Barstool Sports ($21.415 million).
After those stalwarts, you’ll find WynnBET Arizona ($12.784 million), TwinSpires Arizona ($2.145 million), SuperBook Arizona ($1.015 million), Unibet Arizona ($529,019.66), Fubo Sportsbook Arizona ($453,211.49) and SaharaBets ($62,805.97).
Where Arizona’s January Haul Ranks Nationally
Arizona’s $563.694 million handle in January ranks seventh nationally, behind New York ($1.69B), New Jersey ($1.35B), Nevada ($1.11B), Illinois ($867.5M), Pennsylvania ($793.7M), and Colorado ($573.7M).
The state’s handle ranked ahead of states like Michigan ($532.7M), Indiana ($500.1M), Virginia ($485.5M) and Tennessee ($386.1M).
January was the first month of mobile sports betting in New York. The handle for Arizona betting apps had been behind Michigan in December.
Although January was a strong month of growth in the Grand Canyon state, the February and March numbers will be interesting.
While February featured the first Super Bowl since Arizona sports betting launched and March Madness has local teams serving as a main attraction, the handle for February was been universally down 20% or more for states that have already reported figures.
For now, at least, Arizona can hang its hat on the market’s continued ascendance.