{"id":57474,"date":"2022-01-03T09:59:57","date_gmt":"2022-01-03T12:59:57","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2022\/01\/03\/arizona-sports-betting-to-debut-at-291-2-million-in-september-2021\/"},"modified":"2022-01-03T10:04:48","modified_gmt":"2022-01-03T13:04:48","slug":"arizona-sports-betting-to-debut-at-291-2-million-in-september-2021","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2022\/01\/03\/arizona-sports-betting-to-debut-at-291-2-million-in-september-2021\/","title":{"rendered":"Arizona Sports Betting to Debut at $291.2 Million in September 2021"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Arizona sports bookmakers reported the busiest debut month in the history of legal <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Sports Betting\">sports betting<\/a> in the US, with nearly $300 million in betting for September.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The state&#8217;s online and retail sports bookmakers had $291.2 million in betting for September, according to data released by the Arizona Department of Games.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The best previous market debut record was $131.4 million, set by Tennessee in November 2020.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Check the numbers in detail<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Arizona generated $32.3 million in gross gaming revenue from September 9 to the end of the month, which is also the best in history for a state in its first month of legal <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Sports Betting\">sports betting<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Net income was $31.6 million; after $31.2 million in promotional credits, the state taxed $392,418 in gross betting proceeds on events, producing $31,293 in fees for the state.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Online <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2021\/12\/23\/ohio-sports-betting-market-can-generate-up-to-12-billion-a-year\/\" target=\"_blank\" rel=\"noreferrer noopener\">sports betting<\/a> produced 99% of the state&#8217;s total revenue, with bookmakers recording $2.6 million in betting. Among the sports bookmakers in the state were: FanDuel, DraftKings, Barstool, BetMGM, Caesars, TwinSpires, Unibet and WynnBet.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">DraftKings led the market with $97.7 million in betting, followed by FanDuel with $57.7 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">C.J. Pierre, Principal Analyst at PlayAZ, commented: &#8220;Arizona has enormous potential as a market, but it is encouraging for the industry to see such a strong debut. Setting a record in the first month would qualify the market as a market on the right foot.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;The next question is how quickly the state can rush and compete with more established markets. It looks like this won&#8217;t take long,&#8221; concluded Pierre.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Sports Betting in Tennessee<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">By 2020 it was reported that Tennessee <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Sports Betting\">sports betting<\/a> could generate $6 billion in betting annually once the market reaches maturity, according to the PlayTenn portal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cTennessee&#8217;s gambling industry will be purely a product of the movement to legalize gambling, with a unique regulatory framework and online operators unrelated to any conventional retail <a href=\"https:\/\/igamingbrazil.com\/en\/casino-en\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"casino\">casino<\/a>,\u201d said Jessica Welman, an analyst at PlayTenn.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">She added: &#8220;The potential for Tennessee is significant, but the state is working with many variables &#8216;that make it atypical among legal markets.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The state continues to record large numbers and the year 2022 may be one of the best for the state, as well as for Arizona.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arizona sports bookmakers reported the busiest debut month in the history of legal sports betting in the US, with nearly $300 million in betting for September. The state&#8217;s online and [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":57458,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2831],"tags":[3082,8219,3114],"class_list":["post-57474","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports-betting-en","tag-bets","tag-bets-in-the-usa","tag-sports-betting-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arizona Sports Betting to Debut at $291.2 Million in September 2021 - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"Arizona sports bookmakers reported $300 million in the region&#039;s first month of legal sports betting.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2022\/01\/03\/arizona-sports-betting-to-debut-at-291-2-million-in-september-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arizona Sports Betting to Debut at $291.2 Million in September 2021 - 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