{"id":66114,"date":"2022-04-12T11:36:56","date_gmt":"2022-04-12T14:36:56","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2022\/04\/12\/arizona-hits-record-563-7-million-in-sports-betting\/"},"modified":"2022-04-12T11:38:00","modified_gmt":"2022-04-12T14:38:00","slug":"arizona-hits-record-563-7-million-in-sports-betting","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2022\/04\/12\/arizona-hits-record-563-7-million-in-sports-betting\/","title":{"rendered":"Arizona hits record $563.7 million in sports betting"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Arizona <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Sports Betting\">sports betting<\/a> market hit a new record of $563.7 million in bets placed in the first month of 2022, which is a 12.9% increase compared to December 2021 numbers ($499 .2 million in <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\">Arizona punters have placed $558.7 million in online <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Sports Betting\">sports betting<\/a> and approximately $5 million in retail sportsbooks across the state.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Overall, players put in $18.2 million in bets every day in January, compared to $16.1 million a day in December 2021.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Arizona is among the eight US states with more than $500 million in sports betting<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">With these results, Arizona became the eighth US state that recorded more than 500 million dollars in <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2022\/03\/14\/new-york-bookmakers-record-1-5-billion-in-february\/\" target=\"_blank\" rel=\"noreferrer noopener\">bets<\/a> in one month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Customers won $521.8 million in betting &#8211; $517.3 million in online sports betting and $4.5 million in retail. As a result, sportsbooks generated $40.5 million in gross revenue before free bets, up 4.9% from $38.6 million in December 2021.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Operators in the State of Arizona reported $19.6 million in taxable income, which represents a 13.3% month-over-month growth after posting $20.9 million in free bets and promotional credits. The State of Arizona managed to collect $2 million in taxes from sports betting in January.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/sportinsider.com.br\/wp-content\/uploads\/2021\/09\/nflball.jpeg\" alt=\"Arizona hits record $563.7 million in sports betting\"\/><figcaption>The NFL was one of the top leagues for sports betting<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Compared to other US states, only New York hit the $500 million stake in bets faster than Arizona, ahead of other densely populated states like Illinois, Michigan and Pennsylvania.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When talking about individual gaming operators performance, the bookmaker DraftKings holds the top spot on the list with $173.1 million in stakes, followed by FanDuel with $149.9 million and BetMGM with $120. millions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In terms of gross revenue in January, FanDuel ranked first with IS$11.9 million, while DraftKings generated $11.5 million. BetMGM managed to generate $10.7 million, ranking third on the list.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Arizona sports betting market hit a new record of $563.7 million in bets placed in the first month of 2022, which is a 12.9% increase compared to December 2021 [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":66097,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2831],"tags":[8419,3082,3114],"class_list":["post-66114","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports-betting-en","tag-arizona-sports-betting","tag-bets","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 hits record $563.7 million in sports betting - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"The Arizona sports betting market hit a new record of $563.7 million in bets placed in the first month of 2022.\" \/>\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\/04\/12\/arizona-hits-record-563-7-million-in-sports-betting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arizona hits record $563.7 million in sports betting - 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