Tag: Arizona Department of Gaming

Sports betting revenue in Arizona fell 28.9% year-on-year in December despite the Grand Canyon State reporting an increase in customer spending to a near-record total.

Monthly handle across both online and retail wagering in Arizona hit $849.3 million (£655.5 million/€778.3 million). This is 20.2% more than December 2023 and the second-highest monthly amount on record, 5.4% less than November 2024.

Figures from the Arizona Department of Gaming show players ventured $844.3 million betting on sports online in the last month of the year. The remaining $5.1 million was wagered at retail sportsbooks.

Turning to revenue, adjusted gross event wagering receipts before free bet deductions were $49.3 million. This fell short of $69.3 million in 2023 and was also 41.4% behind November’s record $84.1 million haul.

Breaking this down, $49.3 million of revenue came from online wagers, with just $45,000 from retail.

Some $23.5 million was deducted in free bets and other promotions. As such, adju..

Arizona reported a record sports betting handle for the second consecutive month during November 2024, while the Grand Canyon State also saw revenue reach an all-time high.

Spending on sports betting in November hit $897.6 million (£708.2 million/€856.6 million). This beat October’s prior record of $759.8 million by 18.1% and was also 25.8% ahead of the previous year in Arizona.

Data from the Arizona Department of Gaming shows online spending amounted to $890 million, while retail wagers topped $7.6 million.

Consumer winnings across online and retail totalled $811.3 million. As such, adjusted gross event wagering receipts hit an all-time high of $84.1 million. This beat the previous record, set in September 2024, by 8.7% and was almost double November 2023’s total.

Online betting drew $83.3 million of all adjusted gross event wagering receipts during the month. In contrast, retail sports betting generated just $773,634.

Free bets in November amounted to $26.6 million, meaning adju..