The monthly handle in the US state for sports betting, including online, retail, and limited event wagering, decreased by 10.0% from $512.9m in April. It is also significantly lower than the record high of $691.0m set in March.
Out of the total handle, $456.7m was bet online, while only $4.6m was spent on wagering at retail sportsbooks in Arizona.
In terms of player winnings, $405.3m was won during the month, resulting in a revenue of $55.2m. This is a substantial increase of 48.4% compared to the previous month’s revenue of $37.2m in April.
After taking into account $13.8m in free bets and promotional credits, the taxable revenue for the month reached $41.4m. This represents a significant improvement of 151.5% when compared to the previous month’s revenue of $16.5m.
| Handle | Online Bets | Retail Bets | Gross Revenue (Online and Retail) | Online Revenue | |
|---|---|---|---|---|---|
| FanDuel | $152.4m | $148.7m | $3.6m | $24.8m | N/A |
| DraftKings | $141.1m | $141.1m | N/A | $14.3m | N/A |
| BetMGM | $84.2m | $84.2m | N/A | $10.0m | N/A |
