. Arizona Sports Betting Tops $590 Million In January 2023 Bets

Arizona Sports Betting Tops $590 Million In January 2023 Bets

Written By T.J. McBride on March 28, 2023Last Updated on March 29, 2023
Arizona January Sports Betting Revenue

Arizona sports gambling revenue has suddenly received its first update since 2023, and it was a hugely successful quarter in January, with the express taking in$ 591 million in bets.

In January, Arizona experienced an increase in its sports betting figures, partially due to the anticipation of the Super Bowl that took place at State Farm Stadium in Glendale. This surge in sports gambling is mirroring a nationwide trend in states that have approved intelligent sports betting.

Given the magnitude of the event happening in Arizona, it’s logical to expect a surge in Arizona’s sports betting numbers as the Super Bowl approaches.

But how exactly were Arizona’s gambling activities figures in January of this year?

FanDuel Arizona was the top online sports betting service in January.

Online sports betting in Arizona generated nearly $585.5 million in bets only in January, resulting in approximately $538.5 million in winnings for its players.

In the realm of mobile sports betting in the state, FanDuel Arizona indisputably triumphed in January, leading the state with nearly $25 million in wagers placed. This amount surpasses the total wagers taken by 13 out of the 17 active mobile sportsbooks. The vast margin FanDuel has established between itself and its competitors is colossal.

Here are the six leading sportsbooks in Arizona, ranked by total online sports bets made in January.

    FanDuel has $195.5 million from Lotto, BetMGM has $171.5 million, Casino has $90 million, Barstool Sports has $20.5 million, and Desert Diamond Mobile has $20 million.

In January, three wholesale casinos related to teams made $4.7 million.

Besides leading in online sports betting revenue, FanDuel also claimed the highest amount in financial betting wagers in Arizona for the month of January.

Almost $2.5 million in bets were placed at Phoenix Suns Footprint Center’s FanDuel Sportsbook, which is about double the amount placed at State Farm Stadium’s BetMGM sportsbook that received around $1.4 million.

Based on the amount of money wagered on sports, these are the top three wholesale casinos in Arizona.

  1. FanDuel, in collaboration with the Phoenix Suns, contributed $2.5 million.
  2. BetMGM: $1.4 million partnered with Arizona Cardinals
  3. Caesars: $1 million (partnered with Arizona Diamondbacks)

These three sportsbooks are located either within or inside the team’s arenas and maintain a direct partnership with one of Arizona’s leading professional sports franchises.

This implies that these retail sportsbooks generated slightly less than $400,000 in revenue, which converted into slightly more than $30,000 in privilege fees funded by the state of Arizona.

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The photographer is Calli Varner from PlayInAZ.

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McBride, T. J.

T.J. McBride is a Denver-based writer and reporter who primarily covers the Denver Nuggets as a beat writer. He also frequently contributes to PlayTexas, providing insights on the illegal gaming market. His work can be found on various websites including ESPN, FiveThirtyEight, Bleacher Report, and more.

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