The value of sports betting in Arizona was $323.2 million in July. That’s 17.8% less than June ($393.2 million), but an 11.3% increase from the previous year.
Online betting totaled $320.2 million, while the remaining $2.4 million was spent on retail sports betting. Sports bettors won $287.9 million.
Gross Revenue from Sports Betting in Arizona
Adjusted gross revenue from event betting was $34.6 million, an increase of 38.4% compared to July 2022 and 24.9% compared to June 2023.
Online sports betting revenue was $34.3 million, while retail participation was $151,222.
After discounting $7.7 million in free bets and promotional credits – almost entirely from online betting – adjusted gross revenue was $26.8 million.
This represented an increase of 78.7% compared to the same month in 2022 and 63.4% compared to June 2023.
Online sports betting generated $26.6 million in adjusted revenue, while retail share was $145,433.
The work of the Arizona Gaming Department
Recently, the Arizona Department of Gaming (ADG) granted an event betting operator license to bet365 as a representative of the Ak-Chin Indian community.
The Arizona Department of Gaming (ADG) is the state agency charged with regulating tribal gaming, racing and multiple wagering, and combat sports.
ADG also provides and supports prevention, education and treatment programs for individuals and families affected by problem gambling through its Problem Gambling Division and 24-hour confidential helpline.
Improving services to Arizona state citizens, businesses, tribes and visitors is a priority for the ADG. Using the Arizona Management System strengthens ADG’s accountability and helps it achieve tangible results.