The Arizona sports betting market grew 14.8% in October 2022, and likely will continue to keep growing with major sporting events on the calendar.
According to the latest revenue report from the Arizona Department of Gaming, a total of $618.6 million was bet at the 18 sportsbook operators licensed in the state. In September, $538 million in bets were made.
ADG director Ted Vogt said in a press release:
“It’s clear Arizona’s sports betting industry continues to grow, with over $132 million more dollars wagered in October of 2022 when compared to the same month of 2021. With Super Bowl LVII and the Phoenix Waste Management Open on the horizon, I am excited to see how these major sports tourism event impacts the state’s sports betting industry in the coming months.”
The ADG’s one-page report lists bets, payouts for players and includes a section on the bonus bets that don’t count as taxable revenue by Arizona. Nearly $3 million in state tax, what Arizona calls — “privilege fees” — was collected in October, nearing $30 million for the year so far.
DraftKings Arizona top sportsbook in October
DraftKings AZ was again the most popular platform for bettors. The company took in $214.7 million in bets in October and paid out $202 million in winnings.
Three sportsbook operators in the state saw mentionable handle increases. FanDuel Arizona saw total bets raise $50 million in October to $194 million. BetMGM Arizona wagers rose $13 million and Caesars Arizona went up $11 million.
Some Arizona betting apps got less attention in October. SuperBook AZ and Hard Rock sportsbooks each saw more than a million less in sports bets.
The ADG does not list the specific sports bets by Arizona players, but October is a big month for sports with the MLB playoffs, and the start of the NBA and NHL seasons. And, obviously, the top of the NFL season.
Arizona online sportsbooks made up 99% of total handle, with only $6.2 million in wagers at the three retail locations in the state (FanDuel, Caesars and BetMGM). Here’s a breakdown of the 18 licensed sportsbooks in Arizona, per sports betting handle:
- DraftKings $214.7 million
- FanDuel $194.2 million
- BetMGM: $94 million
- Caesars: $57.2 million
- Barstool: $17.5 million
- WynnBet: $8.4 million
- Hard Rock: $6.1 million
- BetRivers: $6 million
- Desert Diamond: $5 million
- SuperBook Sports: $3.4 million
- Betfred: $2.4 million
- Betway: $780,000
- Unibet: $730,000
- Fubo: $320,000
- Bally’s: $255,000
- SaharaBets: $155,000
- Golden Nugget: $150,000
- Churchill Downs: $87,000