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.
| Total handle | Mobile handle | Revenue (AGWR) |
March | $887.364M | $881.808M | $25.033M |
February | $699.727M | $696.182M | $39.821M |
Change | Up 26.8% | Up 26.7% | Down 31.7% |
The madness of March produced a whopper of a sports betting handle in the Grand Canyon State. Arizona sports betting operators took in the state’s second largest single month total in the third month of the year, at $887,363,830, according to figures that the Arizona Department of Gaming submitted.
That total represented a 26.8% month-over-month surge from the $699,726,800 in total handle collected by Arizona sportsbooks in February and a 16.8% year-over-year improvement from the $759,807,634 taken in during the same period in 2024.
In total, Arizona’s handle in March was topped only by the November 2024 amount of $897,635,847 wagered. March was ahead of January’s $864,246,556, with 42 months of ADG reports to choose from.
When broken down by operator, DraftKings Sportsbook had the most memorable March, with a company record handle of $311,393,290, becoming the first Arizona sports betting operator to exceed $300 million in a single month.
Other Arizona sports betting success stories in March were national goliath FanDuel Sportsbook, which finished March at $252,675,768. BetMGM was the only other sportsbook to exceed $100 million in handle, coming in at $109,356,464.
Throw in operator records of $59,270,134 for Fanatics Gaming and $50,204,332 for Bet365 and you have the records set during March. Caesars Sportsbook was sixth at $48,440,245.66.
For revenue, March’s story wasn’t so rosy, with $25,032,787 in adjusted gross event wagering. That was a 37.1% decline from February’s sum of $39,820,807, while the mobile total of $24,460,982 was down 38.5% from $39,744,126 the previous month.
That drop in revenue meant Arizona sportsbooks finished February with a 37.4% drop in sports betting taxes in March, finishing the month at $2,491,843, compared with the $3,980,547 tax bill collected in February.
Nationally, Arizona’s March handle finished fifth, behind New York ($2.445 billion), Illinois ($1.494B), New Jersey ($1.107B) and Ohio ($993.010 million) and ahead of Nevada ($860.915M), Pennsylvania ($842.857M), Massachusetts ($772.455M), Virginia ($689.665M) and North Carolina ($685.003M) in the top 10. With Arizona being the last state to report, March’s national betting handle was $15.54 billion and revenue from sportsbooks nationwide was $828.9 million.
In 2024, Arizona sportsbooks took in about $7.96 billion in wagering handle, up more than 21% from the $6.57 billion operators took in during 2023. Each month, the vast majority of bets are taken by Arizona sportsbook apps.
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: