All About Arizona Sports Betting Handle And Revenue

The experts at BetArizona.com have assembled this guide to explain what we mean when we talk about Arizona sports betting revenue and sportsbook handle that the state reports each month.

There is an active market with many online or mobile operators as well as a growing number of retail sports wagering options at brick-and-mortar casinos in the Grand Canyon State.

The handle is the total amount of money bet on sports in the state each month. Sports bettors wager hundreds of millions of dollars monthly often through the use of Arizona sportsbook promos. From the time legal sports betting launched in September 2021 to early 2023, legal, regulated sports bets were placed exclusively with online sportsbooks. Since then, physical casinos have begun taking retail wagers on sports, albeit in much smaller numbers.

The Arizona online gambling revenue on sports refers to the amount that operators have left after they pay out winning bets. From there, bookmakers pay 10% tax to the state on the adjusted gross revenue.

Arizona Sports Betting, June vs. May

Arizona Sports Betting Handle and Revenue: June 2024

The midsummer month of June was one to forget for Arizona sportsbooks, with a 20.1% month-over-month decline in wagering handle and a 26.7% drop in sports betting revenue in the Grand Canyon State.

Overall, Arizona sports betting operators took in a total handle of $454,116,118 in June, down 20.1% from May’s total of $568,493,315, but up 15.5% year-over-year from the $393,198,858 collected in 2023.

A drop in revenue resulted in a similar decline in taxes, going from $4,307,143 in May to $3,157,088 in June, representing a 26.8% decline in total to put a final note on the month that few will want to remember. As far as market share was concerned, DraftKings Sportsbook Arizona finished atop the state’s leaderboard for the first time since October 2023, with a total handle of $153,932,264 for the Boston-based operator, beating out FanDuel Sportsbook Arizona ($149,059,950) for the top spot.  

Other Arizona sports betting operators of note in June were BetMGM ($51,718,257), Caesars Sportsbook ($28,044,125), Bet365 ($19,048,472), Fanatics Sportsbook ($16,801,965) and ESPN BET ($12,657,506), with those seven operators being the only ones in Arizona to finish above $10 million in handle during June.  

Arizona Mobile Sports Betting History