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, December vs. November

The final month of 2024 delivered decreases in total wagering handle, sports betting revenue and taxes from where the 14 operators in the Grand Canyon State finished up in November. But overall, 2024 proved to be wildly successful compared to where Arizona stood in 2023.

The Arizona Department of Gaming reported its December sports betting numbers on March 11, putting a bow on 2024 as the last state in the nation to complete its sportsbook financial reporting for the year.

Overall, Arizona sports betting operators reported a total wagering handle of $849,316,636 for December, down 5.4% from November’s record-breaking total of $897,635,847. The Grand Canyon State’s mobile handle of $844,262,701 was down 5.1% from November’s total of $890,011,784.

Revenue (adjusted gross event wagering receipts from sportsbooks) in Arizona wound up at $25,810,840 during December, representing a 55.1% decrease from November’s record-setting total of $57,458,370. Mobile books account for the vast majority of wagers; they declined 54.6%, from November $56,741,396 to $25,765,837 for the final month of 2024.

Finally, the state collected $2,580,184 in total sports betting taxes to cap the year, down 55.0% from November’s $5,731,498.

The top sports betting operators in Arizona during December by handle were FanDuel Arizona Sportsbook, at $275,001,632, followed by DraftKings Sportsbook ($272,749,401), BetMGM ($111,949,922), Caesars Sportsbook ($47,052,805), Fanatics Sportsbook ($43,215,152), Bet365 ($40,101,123), ESPN BET ($22,937,671) and Hard Rock Interactive ($13,885,936).

Arizona’s yearly total sports betting handle in 2024 finished at $7,959,647,194, up 21.1% from 2023 ($6,573,800,272). The revenue rose even faster, climbing 22.6% from $349,309,387 in 2023 to $428,288,431 last year.

Nationally, Arizona finished with the sixth-largest sports betting handle in December, behind New York ($2.289 billion), Illinois ($1.491B), New Jersey ($1.216B), Ohio ($964.443 million) and Pennsylvania ($839.372M), while placing ahead of Nevada ($823.645M), Massachusetts ($788.341M), Virginia ($734.380M) and Colorado ($648.427M).

Overall, the total national sports betting handle in December was $15.789 billion, with a total sports betting revenue figure of $781.5 million. All states combined reported a wagering handle of $149.6 billion in 2024, up 23.5% from 2023 ($121.1B). Revenue around the nation’s sportsbooks hit $11.85 billion in 2024, up 24.6% from $9.51B the previous year.

2024 National Sports Betting Numbers

Arizona Mobile Sports Betting History