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Arizona bettors wager over $535M on sports in April, state reaches $10B all-time handle

arizona-bettors-wager-over-$535m-on-sports-in-april,-state-reaches-$10b-all-time-handle

According to the latest report released by the Arizona Department of Gaming (ADG), bettors in Arizona placed over $535 million in sports wagers in April 2023, marking a 4.5% increase compared to the same period in 2022. With this new report, the Grand Canyon State becomes one of 10 in the US to reach $10 billion in all-time handle.

Online wagering remains the preferred method among Arizonans, with mobile operators accounting for over 99% of the total wagers placed during the month. Retail locations accepted the remaining approximate $4.6 million in bets.

The report also revealed that the state collected privilege fees amounting to over $3.4 million in April, bringing the total privilege fees collected since the commencement of legal operations to over $46 million.

Currently, Arizona boasts 17 mobile sports betting operators and 25 retail sports betting locations spread across the state. Additionally, seven fantasy sports operators have been approved for operations.

— Arizona Department of Gaming (@AzGaming) June 29, 2023

With April’s figures added to the mix, Arizona has now become the fastest state to surpass $10 billion in accumulated sports wagering handle. The Grand Canyon State reached this milestone only 20 months after the launch of its legal market, eclipsing Illinois, which reached the $10B mark in 22 months in February 2022.

Since the launch of betting operations in September 2021, Arizona has quickly positioned itself among the top 10 markets for sports wagering at the national level. April’s solid handle ranked seventh among 29 states and marks the 11th time Arizona surpasses $500M in wagers for a month.

With this new achievement, Arizona joins a select group of $10B+ sports betting handle states, which also includes Colorado, Illinois, Indiana, Michigan, Nevada, New Jersey, New York, Pennsylvania, and Virginia.

See Arizona’s full April sports betting report here.

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