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Home > Blog > Sports betting > Arizona Sports Betting Revenue Surges to All-Time High in December
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Arizona Sports Betting Revenue Surges to All-Time High in December

Livia Hinton
Last updated: February 27, 2024 10:24 am
Livia Hinton
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In December, sports-betting gross revenue in Arizona reached $66.1m, increasing by 22.1% compared to the previous year and by 62.4% from November.

Of this total, $65.2m came from online betting, $625,986 from retail sportsbooks, and $240,604 from limited event wagering (LEW) operators.

A total of $693.3m in wagers were placed during the month, with online spend at $685.1m, retail sportsbooks at $6.4m, and LEW operators at $1.8m.

Adjusted gross sports betting revenue for December was $48.3m, with online betting contributing $47.5m, retail sportsbooks at $621,286, and LEW operators at $240,604.

FanDuel led the online market in Arizona in December, generating $23.7m in adjusted revenue from $236.3m in total wagers. DraftKings and Crown Gaming followed with $13.8m and $6.1m, respectively.

On the retail side, DraftKings and Crown Gaming topped the list with $361,037 in adjusted revenue from $2.7m in bets.

Turf Paradise led the way for LEW operators with $106,248 in revenue from $822,412.

Bet365 recently entered the Arizona market, offering online sports betting opportunities through a partnership with the Ak-Chin Indian community.

Players in Arizona can now enjoy various betting options such as pre-event and in-game wagers, same game parlay, cash out, and edit bet with Bet365.

Overall, Bet365 is now operational in nine states across the US.

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By Livia Hinton
Livia Hinton is a distinguished writer with an avid interest in the gambling and online gaming sectors. With over a decade of experience, Livia has become a respected authority, known for her comprehensive coverage of casinos, sports betting, poker, and the rapidly evolving world of online gambling. Her writing is characterized by meticulous research, clear explanations, and an engaging style that appeals to both novice and seasoned gamblers. Livia's articles are valued for their in-depth reviews, strategic insights, and up-to-date industry trends, providing readers with the knowledge they need to make informed decisions and enhance their gaming experiences.
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