Tag: record

Arizona sets $791.2 million sports betting handle record in October

Consumers in Arizona spent a record $791.2 million (£644.2 million/€768.2 million) betting on sports in October, while revenue in the Grand Canyon State fell just short of an all-time high.

Handle for October surpassed the existing Arizona record of $759.8 million, set in March this year, by 4.1%. It also beat October 2023 by 22.1% and September 2024 by 8.1%, according to Arizona Department of Gaming data. Online sports betting spend in October amounted to $784.4 million, while retail wagering hit $6.8 million.

Players won $735.6 million across online and retail betting, leaving $53.8 million in adjusted gross receipts. This falls 6.9% short of $56.9 million in the previous year and it also lagged 31.5% behind September’s $77.4 million record.

Almost all adjusted gross receipts – $53.6 million – came from online, with retail generating just $205,230 in comparison. On this, overall hold for Arizona in October was 6.80%

After excluding $30.2 million worth of free bets, the new adjust..

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