The latest Arizona Department of Gaming sports betting revenue report is in, and it gives us a complete look at the first year of legal wagering in the Grand Canyon State. The August 2022 report also lays the foundation for an even bigger second year, as the total amount of wagers placed increased by 24% over last month’s numbers.
Here’s a look at the August 2022 report, as well as some overall numbers from Arizona’s first year of legal sports betting.
Arizona Sports Betting Revenue Report for August 2022
Arizona’s August 2022 handle (total amount of wagers placed) totaled just north of $360 million.
Of that, a whopping 99.5% came via mobile betting across Arizona’s mobile sports betting apps. This has been the trend since Arizona launched sports betting during the opening of the 2021 NFL season last year.
Mobile bettors won $322.4 million in August, or 89.7% of the $359.2 million in mobile wagers placed. DraftKings sportsbook paid out the most to Arizona bettors at $118 million.
Although we’re more than a year into legal sports betting, sportsbook bonuses are still being given out. FanDuel sportsbook led the way in August, edging out DraftKings by $500,000.
When it comes to the leaders in Arizona, nothing has changed from day one until now. DraftKings and FanDuel sportsbook dominated the state with a 36% and 30% mobile market share, respectively.
BetMGM was a distant third with a 16% market share. These three operators are the only sportsbooks to have received over $1 billion in total wagers on their platforms. Caesars is next in line with a total of $648 million in wagers placed since September 2021.
Check out the top sports betting bonus offers in Arizona
Arizona: A Top 10 Sports Betting Market
Despite being live for just over a year, Arizona has matured into a top-10 sports betting market. Of the nine states ahead of Arizona in total wagers placed, only New York launched after Arizona.
In total, Arizonans have placed over $5.4 billion in wagers since the September 2021 launch. This has resulted in $21.2 million in taxes being raised for Arizona’s General Fund.
With Super Bowl 57 being held at State Farm Stadium in Glendale at the end of the football season, the next several months are setting up to be massive for sports betting in Arizona.