{"id":23143,"date":"2024-05-30T09:44:03","date_gmt":"2024-05-30T09:44:03","guid":{"rendered":"https:\/\/instantcasinos.com\/?p=23143"},"modified":"2024-05-30T09:44:03","modified_gmt":"2024-05-30T09:44:03","slug":"arizona-sportsbook-wagers-record-march-2024","status":"publish","type":"post","link":"https:\/\/instantcasinos.com\/blog\/arizona-sportsbook-wagers-record-march-2024\/","title":{"rendered":"Arizona Sportsbook Wagers: Record-Breaking Amount Taken In March 2024"},"content":{"rendered":"

Arizona’s sportsbook wagers hit a new record high in March 2024. According to the state’s department of gaming, bettors wagered $759.8Million on its online and retail sports betting market.\u00a0<\/strong><\/p>\n

Compared to year-on-year, this was an impressive 17.9% increase. Additionally, March’s total surpassed the previous record which was set in November 2023 ($713.6m).<\/p>\n

Since online and retail sports betting went live in Arizona in September 2021, $16bn has been wagered by residents. This accumulates to approximately $5.3bn per-year in sports bets.<\/p>\n

Arizona’s Sportsbook Wagers<\/h2>\n

Arizona’s Licensed Sportsbooks<\/h3>\n

The top operator in Arizona in terms of both handle and revenue is FanDuel. The Flutter Entertainment-owned brand recorded a $265.1m handle in March 2024.<\/p>\n

This is the highest-ever recorded for a sportsbook operating in the Grand Canyon State. FanDuel paid out $240.7m in online winnings to players in March. Adjusted gross revenue reached $23.7m.<\/p>\n

FanDuel’s retail handle was $1.7m with adjusted gross revenue closing at $294,369. The operator with the second-highest handle and revenue in March was DraftKings.<\/p>\n

The Boston-based brand recorded a $255.3m online handle with winners being paid out $236.5m. Additionally, DraftKings generated $18.1m in online adjusted gross revenue. Their retail sites collected $257,481 in revenue.<\/p>\n

Furthermore, DraftKings accepted $2.1m in retail bets, Arizona’s highest-ever retail handle. Lastly, completing the top three for March 2024 was BetMGM.<\/p>\n

They reported a $93.9m online handle with winnings paid out to players at $86.3m. In terms of adjusted gross revenue, $7.3m was generated in March.<\/p>\n

BetMGM’s land-based operations posted a $650,512 handle with adjusted gross revenue at $34,517. Additionally, one of Arizona’s newest – ESPN Bet – posted fairly positive results.<\/p>\n

Their sportsbook handle for March reported a $26.9m handle with winnings paid out to players at $25.2m. A total of $1.4m was deducted via free bets and promotional credits in March.<\/p>\n

Overall, Arizona’s sportsbook wagers for the third month of 2024 have been hugely impressive. Subsequently, more records are more than likely to be broken later in the year.<\/p>\n

Check out the fastest payout online casinos<\/a> for a seamless gaming experience.<\/p>\n","protected":false},"excerpt":{"rendered":"

Arizona’s sportsbook wagers hit a new record high in March 2024. According to the state’s department of gaming, bettors wagered $759.8Million on its online and retail sports betting market.\u00a0 Compared to year-on-year, this was an impressive 17.9% increase. Additionally, March’s total surpassed the previous record which was set in November 2023 ($713.6m). Since online and … <\/p>\n","protected":false},"author":61,"featured_media":17058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-23143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"\nArizona's Sportsbook Wagers: Record High Reached In March<\/title>\n<meta name=\"description\" content=\"Arizona's sportsbook wagers hit a new record high in March 2024. 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