That is $3.3 million ahead of last year’s pace.Īrizona’s handle was the final addition to the national ledger in which a whopping $12.8 billion was wagered in the month of October, bringing sports betting revenue numbers to new heights. The state collected $3.3 million in taxes on $33 million in adjusted gross revenue, lifting the year-to-date total to $27.9 million. The $447.4 million in gross revenue through the first 10 months of the year is up 14.6% compared to last year, running slightly ahead of the 14.3% increase in handle to $5.17 billion.
Operators claimed $56.9 million in gross revenue before the federal excise tax and deductions were counted, also ranking second in the Grand Canyon State’s all-time annals behind the $60.1 million totaled the previous month. Arizona is closing in on $13 billion in all-time handle since launching in September 2021. The October handle trails only the $691 million worth of wagers accepted in March 2022. The Arizona Department of Gaming reported that the state’s sportsbooks saw handle of $648.2 million in October, the state’s second-highest total in 26 months of legal wagering as it closed the book on a historic month of betting in the United States.Īrizona sports betting handle was up 5.1% compared to the previous October while moving above $5 billion for the calendar year.
