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, August vs. July

Arizona Sports Betting Handle and Revenue: August 2024

The final month of summer provided strong returns for sports betting operators in Arizona, with a 21.1% month-over-month increase in total handle offsetting a 22.7% drop in wagering revenue.  

Overall, Arizona bettors plunked down $496,602,562 in total handle in August, which was up 21.1% from July’s sum of $410,140,440 and 38.4% year-over-year from August 2023, when the state reported a handle of $358,875,475.  

As far as Arizona sports betting revenues were concerned, August’s returns weren’t quite as rosy, with $22,439,831 in total AGR (down 22.7% from July’s total of $29,019,979) while the mobile figure of $22,229,723 was down 22.6% month-over-month from $28,736,051 in July.  

That plummet in AGR resulted in a 22.7% drop in sports betting taxes in August, going from $2,896,319 in July to $2,239,781 during the eighth month of the calendar year.  

When broken down by total handle, DraftKings Sportsbook was the top dog for a third straight month in Arizona, with $170,287,123 in total handle, beating out FanDuel Sportsbook, which finished up at $145,825,584 for the month.  

Throw in BetMGM ($56,817,965), Caesars Sportsbook ($28,105,978), Bet365 ($22,478,233), Fanatics Sportsbook ($19,961,498) and ESPN BET ($11,617,107) and you have the upper end of the Arizona sports betting handle leaderboard in August.  

Nationally, Arizona’s total handle in August ranked fifth overall, finishing behind states like New York ($1.441 billion), Illinois ($877.958 million), New Jersey ($698.840 million) and Ohio ($548.678 million) while ranking ahead of frontrunners like Pennsylvania ($485.289 million) and Nevada ($455.231 million). 

Arizona Mobile Sports Betting History