The Arizona Department of Gaming (ADG) released its November sports betting handle, and, for the second consecutive month, Grand Canyon State sportsbook operators took in over $600 million in wagers.
“It is exciting to see a second consecutive month of over $600 million wagered on sports by patrons within the state,” ADG director Ted Vogt said. “This milestone highlights Arizona’s strong sports betting market, which has already established itself as a top-ten market nationally.”
Arizona is 10th in all-time sports betting handle, according to SportsHandle reporter Chris Altruda.
All-time Top 10 #SportsBetting handles post-PASPA (Dec in CAPS)
1 NEW JERSEY $33.7B
2 NEVADA $29.5B
3 PENNSYLVANIA $18.9B
4 Illinois $17.6B
5 NEW YORK $16.7B
6 INDIANA $10.6B
7 COLORADO $10.2B
8 MICHIGAN $8.9B
9 VIRGINIA $8.1B
10 Arizona $7.2B (Nov) <-NEW#GamblingTwitter
— Chris Altruda (@AlTruda73) February 2, 2023
Biggest retail handle: FanDuel
FanDuel Arizona led all retail sportsbook operators with $2.9 million in handle, nearly tripling its closest competitor Caesars and up from the $2.8 million October handle.
FanDuel is the clear No. 1 in retail/online combined handle and sees no signs of slowing down.
Biggest online handle: DraftKings
DraftKings led the online sportsbook operators in Arizona with $200.3 million in handle, which is down from the $214.6 the Boston, Massachusetts-based sportsbook operator took in during October.
FanDuel handled $193.6 million, while BetMGM handled $93.9 million in Arizona wagers.
Most revenue: FanDuel
When all was said and done, Arizona sportsbook operators recorded $54.5 million in revenue during November.
FanDuel reaped $24.6 million in profit from Grand Canyon State punters with DraftKings ($11.2) and BetMGM at $10 million in November revenue.
February might bring in even more betting handle in Arizona
As encouraging as the Arizona handle is, the state has reason to believe sports betting will grow exponentially during February.
Arizona-hosted events like the PGA Waste Management Open, Super Bowl LVII, the MLB Cactus League, plus NCAA March Madness are traditionally big betting events and a big reason for the ADG optimism.
PGA Tour Waste Management Open
The Waste Management Open takes place later this week at the TPC Golf Course in Scottsdale, Arizona. The best golfers on the PGA Tour will vie for over $20 million in prize money during the weeklong event beginning Monday, February 6.
AZ residents and out-of-state fans in town for the event can wager on their favorite PGA player at sportsbooks throughout the greater Scottsdale area or online at the 17 sportsbooks. Out-of-state bettors should be sure to withdraw any winnings before leaving Arizona.
Super Bowl LVII
The Kansas City Chiefs and Philadelphia Eagles square off Sunday, February 12, at State Farm Stadium in Glendale, Arizona, for the Vince Lombardi Trophy and bragging rights as the best team in the National Football League.
Arizona residents and out-of-state fans in Glendale for the game can bet on their team at sportsbooks throughout the greater Glendale area or online at the 17 sportsbooks. Out-of-state bettors should be sure to withdraw any winnings before leaving Arizona.
MLB Spring Training Games
Baseball is back, and Arizona is a hot spring training hotbed as 15 MLB teams head to all parts of Arizona for the annual right of passage called Spring Training. The Arizona Diamondbacks open their 2023 Cactus League season on February 25th in Mesa, Arizona.
Arizona sports bettors and out-of-state fans of the other 14 MLB teams can wager on Cactus League games online or at over 19 retail Arizona sportsbook locations. Out-of-state bettors should be sure to withdraw any winnings before leaving Arizona.
The 5th-ranked Arizona Wildcats have a legitimate chance of winning the Pac-12 Conference Tournament and possibly the NCAA Tournament.
The March Madness season runs from February 27, when the various conference tournaments begin, culminating with the NCAA Championship game on April 3 in Houston. Arizona sports bettors can bet on every tournament game at one of the 17 online and 19 retail sportsbooks.