HomeArizona Sports Betting NewsArizona Ranks 6th in US December Sports Betting Handle

Arizona Ranks 6th in US December Sports Betting Handle

The Arizona December sports betting report is in, and the 17 retail and online Grand Canyon State sportsbook proprietors took in $572.4 million in handle, down from the $616.8 million operators reported in November, according to a Friday Arizona Department of Gaming report.

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Arizona sportsbook operators ranked 6th amongst the 36 states and the District of Columbia in betting handle for December, according to Better Collective gaming reporter Chris Altruda.

Arizona Has Six Million in December 2022 Betting Handle

The December report wraps up the 2022 state-by-state sports betting reports, and Grand Canyon State bettors staked slightly over $6 million in betting handle in 2022.

Arizona Nets $3.9 Million in Tax Revenue in 2022

The Grand Canyon State received $3.9 million in tax revenue from Arizona betting operators in 2022.

FanDuel Leads the Online Proprietors

New York-based sportsbook giant FanDuel led the state’s 17 licensed mobile sports betting operators with a $182 million mobile handle or amount of wagers accepted.

Operator

Handle

Fanduel

$182 million

DraftKings

$171 million

Caesars

$94.2 million

TwinSpires

$64 million

Barstool

$20.1 million

FanDuel Leads in December Mobile Revenue

The 17 Grand Canyon State sportsbook establishments’ December revenue was down slightly from the $38.8 million in November online revenue.

Operator

Revenue

Fanduel

$20.7 million

DraftKings

$12.9 million

BetMGM

$11.3 million

TwinSpires

$5.1 million

BetWay

$1.2 million

Promotional Betting Credits and Free Bets Down Slightly from November

The sportsbooks are allowed to offer AZ betting promos as a way to attract new Arizona sports bettors to their business–December saw the 17 operators shell out $54 million of these wagers, down from the $54.4 million November enticements.

It’s important to note that these free betting credits and bonuses are nontaxable and not included in the final monthly profit.

Operator

Promotional Bets

Caesars

$6.3 million

FanDuel

$5.3 million

DraftKings

$3.3 million

TwinSpires

$950,156.18

Barstool

$324,453.65

Retail Sportsbooks See a Rise in December Handle

Arizona’s three brick and mortar shops saw a slight rise from their November, $4.8 million handle, taking in a little over $5 million in total bets. Fanduel was tops in handle, but BetMGM earned the most revenue.

Operator

Handle

Revenue

Fanduel

$3.3 million

$61,493.37

BetMGM

$924,121.25

$110,381.35

Caesars

$732,107.22

$39,592.80

Bright 2023 Ahead for Arizona Sportsbooks

The December 2022 report was a bit disappointing for the sportsbook owners. Still, Grand Canyon State sports bettors and operators alike could see an uptick in the December numbers due to the following past and future sporting events held in Arizona.

Past events that could raise the overall handle include;

  • Waste Management Open (February 7-13)
  • Super Bowl LVII (February 13)
  • World Baseball Classic (March 7-21)
  • Cactus League Baseball (February 25-March 29)

Future Events that could raise the Arizona sports betting handle;

  • World Baseball Classic (March 7-21)
  • NCAA March Madness– (March 14-April 3) Arizona has already punched its ticket to the big dance while Grand Canyon and Arizona State could all see postseason action.
  • MLB Season Opener– (March 30) Arizona Diamondbacks open their 2023 campaign.
  • NBA Playoffs– (April 11-June 18) Phoenix Suns expected to make a deep playoff run.

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