Arizona sports betting handle climbs to $656.3m for April
FanDuel remains the top operator for the month.
The Arizona Department of Gaming has released its sports betting results for April 2024. During the month, the state took in nearly $656.3m in wagers, which reflected close to 22.5% increase in activity when compared to results from one year ago.
In a breakdown of April’s handle, mobile sports betting contributed $650m to the state’s overall total, while retail locations brought in another close to $5m. Wagers placed with limited event wagering operators reached almost $1.3m during the month.
Players placed the majority of the state’s mobile bets with two operators during the month of April. Both DraftKings and FanDuel took in more than $200m in bets in April.
FanDuel retained its title as the top operator for the month, with April mobile wagers reaching $230.3m. DraftKings came in as a close second. Players placed more than $209.8m in online bets with DraftKings.
Other heavy hitters included BetMGM and Caesars, with online sports wagers that reached $76.4m and $39m respectively.
During April, Arizona sports bettors walked away with almost $590.4m in winnings. The state’s operators ended the month with close to $63m in total revenue.
During April, the state collected close to $4.3m in privilege fees.
Arizona has welcomed legal sports betting outside of Tribal gaming for nearly three years. The state first legalized sports wagers in April 2021 after Governor Doug Ducey signed the bill into law. The state debuted its sports wagering market in September 2021.
In other state news, the Arizona Department of Gaming (ADG) has said that it will start accepting event wagering license applications next month.
The regulator announced that it will take applications “for no less than one event wagering license reserved for Arizona Tribes and no less than one event wagering license reserved for Arizona Sports Franchises.”
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